Property Review

Aspire Tower

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM1.5 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM1.48M entry point, positioning appears mid-market competitive for Selangor residential; however, without specified completion date or tenure details, buyers cannot accurately assess price-to-value ratio or potential appreciation timelines.
  • **Location & Connectivity**: Selangor location offers broader market appeal, but absence of nearby MRT connectivity is a notable drawback for commuters; accessibility depends heavily on specific sub-location and road infrastructure, which requires clarification.
  • **Risk & Timing**: Key project information gaps—including tenure type, completion timeline, and exact location coordinates—present material risks to investment decision-making; delayed completion or unfavorable tenure could significantly impact resale value and buyer confidence.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 202% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,480,000
Selangor MedianRM490,000
Priced 202% above area median

Selangor — Median Condo Prices (Verified)

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

RM4,700–6,400

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

12.4x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milStretch
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

  • 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

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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.