Property Review

Armanee, 2-Storey Terrace @ Bandar Tasik Puteri, Rawang

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Rawang, Selangor

Type

Landed House

Price

RM690k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM690,000 entry price is competitive for 2-storey terrace houses in Rawang's mid-range segment, though pricing remains moderate relative to newer developments in nearby townships with comparable specifications.
  • **Location & Connectivity**: Bandar Tasik Puteri offers established residential amenities and local accessibility, but the absence of nearby MRT connectivity limits appeal for commuters relying on public transport to Kuala Lumpur's employment centres, though road access via major routes is available.
  • **Risk & Timing**: Critical information gaps—missing tenure type, completion timeline, and developer identity—present material uncertainties for investment decision-making; these details are essential before commitment, and delayed completion or unfavourable tenure terms could impact long-term value and liquidity.

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Priced 25% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM690,000
Selangor MedianRM550,000
Priced 25% above area median

Selangor — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM2,200–3,000

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

5.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

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 + Risk Factors

Why Consider

  • Strategic Rawang location with growing commercial and residential development
  • Affordable 2-storey terrace at RM690,000 entry price point
  • Proximity to major highways for easy accessibility
  • Established Bandar Tasik Puteri township with amenities nearby
  • Strong rental demand potential in developing Rawang area

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
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Disclaimer: This report is generated using publicly available data from NAPIC, 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.