Cantara Residences @ Ara Damansara
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Sime Darby Property
Location
Ara Damansara, Selangor
Type
Condominium/Apartment
Price
RM538k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM538,000 entry price is competitive for the Ara Damansara locality and freehold tenure, though mid-range positioning means limited differentiation; value proposition depends on unit finishes and amenities relative to nearby developments.
- •**Location & Connectivity**: Ara Damansara offers established infrastructure and shopping/dining amenities, but the absence of nearby MRT connectivity limits public transport appeal and may constrain long-term rental/resale demand compared to MRT-adjacent projects in the Klang Valley.
- •**Risk & Timing**: Completion timeline not being specified creates uncertainty for investors; Sime Darby Property's track record is established, but lack of defined delivery dates makes financial planning difficult and leaves exposure to market cycles and potential construction delays.
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
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM1,700–2,300
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
4.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| 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 Selangor
Median Household Income
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Why Consider
- • Established Ara Damansara location with mature amenities and infrastructure
- • Freehold tenure offers long-term ownership and investment security
- • Sime Darby Property: trusted developer with strong track record
- • Competitive pricing at RM538,000 in sought-after Selangor area
- • Strategic location near business districts and shopping centres
Risk Factors
- • 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.