ASA Residence, Condominium @ Sri Petaling, KL
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Sri Petaling, Kuala Lumpur
Type
Condominium
Price
RM1.2 mil+
Tenure
Leasehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM1.24M entry price is moderate for a KL condominium but appears premium given the absence of MRT connectivity, requiring verification of built-up area, finishes, and comparative pricing in the Sri Petaling micro-market to assess true value proposition.
- •**Location & Connectivity**: Sri Petaling offers established residential infrastructure and amenities, though the lack of MRT proximity necessitates reliance on bus routes and private transport, potentially limiting appeal to connectivity-focused buyers and affecting long-term appreciation.
- •**Risk & Timing**: Unspecified completion timeline presents execution risk and uncertainty for buyers, while the leasehold tenure with unknown lease duration may impact future resale value and financing eligibility, warranting clarification before commitment.
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 (NAPIC)
| 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%
NAPIC 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 established neighbourhood with strong community infrastructure
- • Strategic location near shopping centres and amenities
- • Competitive pricing for KL condominium investment
- • Leasehold property with rental income potential
- • Accessible area with good road connectivity
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 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.