Property Review

Cantara Residences @ Ara Damansara

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

Sime Darby Property

Location

Ara Damansara, Selangor

Type

Condominium/Apartment

Price

RM538k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry-level pricing from RM538,000 is competitive for the Klang Valley market and accessible to first-time buyers, though value proposition depends on unit size, finishes, and comparison with similar freehold developments in the vicinity.
  • **Location & Connectivity**: Ara Damansara offers established suburban amenities and proximity to major commercial areas, but the absence of MRT connectivity limits public transport accessibility; reliance on private vehicles or bus services may impact long-term appeal as infrastructure plans evolve.
  • **Risk & Timing**: Absence of specified completion date presents uncertainty for buyers; investment timeline and rental yield projections remain unclear, while market absorption and property appreciation will depend on actual delivery schedules and broader Klang Valley economic conditions.

NewProjek Score

7.5

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM538,000
Selangor MedianRM490,000
Priced 10% 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

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

4.5x

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

Why Consider + Risk Factors

Why Consider

  • Established Ara Damansara neighbourhood with proven track record
  • Freehold tenure provides long-term ownership security and value
  • Sime Darby Property's reputation ensures quality construction standards
  • Strategic location near shopping, dining, and amenities
  • Strong investment potential in mature, developed area

Risk Factors

  • Under construction — completion delays are possible
  • 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.