Aras Residences
Powered by verified data + DOSM
Generated 15 July 2026
Developer
—
Location
Old Klang Road, Kuala Lumpur
Type
Condominium
Price
RM599k+
Tenure
Freehold
Completion
2029
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM599,400 is competitive for the Klang Valley market, though the per-unit cost and built-up area should be verified against comparable projects to assess true value proposition relative to specifications and amenities offered.
- •**Location & Connectivity**: Old Klang Road offers established infrastructure and commercial proximity, but the absence of nearby MRT connectivity is a significant limitation for long-term accessibility; reliance on road transport may impact rental appeal and resale liquidity compared to MRT-adjacent developments.
- •**Risk & Timing**: The 2029 completion timeline presents extended construction risk and market exposure; buyers should assess financial stability of the developer and consider potential delays, while the 5+ year holding period introduces market volatility risk that may affect both capital appreciation and exit timing.
NewProjek Score
7.7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
RM2,000–2,800
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
Verified data 2021–2025
Price-to-Income
4.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Kuala Lumpur
Median Household Income
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| SkyAwani 6 Residences @ Setapak, Kuala Lumpur SkyWorld Development | Setapak | RM300k | New Launch |
| Ria Bangsar South Malton Berhad | Bangsar South | RM300k | New Launch |
| Lakeville Residence @ Taman Wahyu, KL Mah Sing Group | Taman Wahyu | RM325k | Completed |
Why Consider
- • Established Old Klang Road location with proven rental demand
- • Freehold tenure ensures permanent ownership and appreciation potential
- • Competitive pricing at RM599,400 for KL condominium
- • Strategic central location near business districts and amenities
- • Long completion timeline allows flexible payment schemes
Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from the government, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.