Property Review

Bukit Jelutong Central

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Sime Darby Property

Location

Shah Alam, Selangor

Type

Condominium

Price

RM520k – RM820k

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM520,000 entry price is competitive for the Shah Alam market, though actual value depends on unit size and finishes; positioning as a mid-range development offers reasonable affordability relative to established developer credentials, though market saturation in the area warrants comparison with nearby projects.
  • **Location & Connectivity**: Bukit Jelutong offers established residential infrastructure with proximity to the upcoming Bukit Jelutong LRT station, enhancing future accessibility to Klang Valley employment centers; however, current reliance on personal transport is necessary until LRT completion, and the location remains secondary to prime zones like Shah Alam city center.
  • **Risk & Timing**: Delayed or unspecified completion timeline presents execution risk and uncertainty for investors; LRT project dependency adds external variables beyond developer control, while the market cycle and potential oversupply in Shah Alam condominiums warrant caution

NewProjek Score

9

Strong Buy Signal

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM520,000
Selangor MedianRM490,000
Priced 6% 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

RM1,700–2,200

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

4.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Acacia Residences @ Salak Perdana, SepangSepangRM265kNew Launch
Rimba Heights, Bungalow Lots @ Bandar Tasik Puteri, RawangRawangRM267kNew Launch
M Sinar @ Southville City

Mah Sing Group

SouthvilleRM270kNew Launch
Why Consider + Risk Factors

Why Consider

  • Upcoming Bukit Jelutong LRT station ensures excellent future connectivity
  • Freehold tenure provides long-term ownership security and value
  • Sime Darby Property's reputation guarantees quality construction standards
  • Shah Alam location offers strategic access to major areas
  • Competitive pricing with strong investment appreciation potential ahead

Risk Factors

  • Under construction — completion delays are possible
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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.