ASA Residence, Condominium @ Sri Petaling, KL
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Sri Petaling, Kuala Lumpur
Type
Condominium
Price
RM1.2 mil+
Tenure
Leasehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM1.24M entry price for a Sri Petaling condominium, the project offers mid-range positioning; competitiveness depends on unit size, finishes, and amenities relative to comparable developments in the suburb, requiring detailed specification comparison to assess value proposition.
- •**Location & Connectivity**: Sri Petaling provides established residential infrastructure with roadway access, but the absence of nearby MRT connectivity limits public transport convenience; proximity to other transit modes and commercial facilities should be verified to evaluate overall accessibility and long-term appreciation potential.
- •**Risk & Timing**: The unspecified completion date presents a significant execution risk and complicates investment planning; leasehold tenure (with unconfirmed lease period) combined with uncertain delivery timelines warrants caution until detailed timeline and tenure documentation are clarified by the developer.
NewProjek Score
5.8
Moderate
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • Priced 46% above area median — premium pricing
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
RM4,200–5,700
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
10.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| 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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Why Consider
- • Sri Petaling prime location with established residential neighbourhood appeal
- • Strategic connectivity to major KL business districts and highways
- • Competitive pricing at RM1.24M for modern condominium living
- • Leasehold tenure in sought-after Sri Petaling area
- • Strong rental yield potential in vibrant suburban community
Risk Factors
- • Premium pricing relative to area median may limit resale upside
- • Leasehold tenure may depreciate faster than freehold
- • 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.