ARELL
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM1.1 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM1.11M is competitive for Selangor residential market, though actual value depends on unit size, finishes, and amenities which are not detailed; recommend comparing per-square-foot pricing with comparable projects in the area.
- •**Location & Connectivity**: Absence of nearby MRT connectivity is a significant limitation for commuters; viability depends on road accessibility, proximity to highways, and whether the location compensates through affordability or lifestyle amenities—verification of actual connectivity options is essential.
- •**Risk & Timing**: Missing tenure type and completion date create uncertainty regarding investment horizon and legal structure; SP Setia's track record is established, but incomplete project information warrants clarification before commitment, particularly regarding market absorption timelines in the current economic climate.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 127% above area median — premium pricing
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM3,500–4,800
Based on similar properties in Selangor
Gross Rental Yield
4.0%–5.0%
Annual rental / property price
Area Price Trend
+8.9%
Verified data 2021–2025
Price-to-Income
9.3x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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 Selangor
Median Household Income
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Why Consider
- • By SP Setia
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.