ASA Residence, Condominium @ Sri Petaling, KL
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Sri Petaling, Kuala Lumpur
Type
Condominium
Price
RM1.2 mil+
Tenure
Leasehold
Completion
—
NewProjek Verdict
ASA Residence offers a mid-range condominium option in the established Sri Petaling area, with pricing at RM1,240,000 providing reasonable accessibility for the Kuala Lumpur market. However, the absence of nearby MRT connectivity and unspecified completion timeline present notable considerations for potential buyers prioritizing convenience and investment certainty. Prospective purchasers should clarify the project timeline and assess alternative transportation options before committing, particularly given the increasing importance of public transit access in property valuations.
- • 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
- • Located in Sri Petaling, Kuala Lumpur
- • Leasehold title property
- • By Developer
⚠️ Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • Leasehold tenure may depreciate faster than freehold
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.