Property Review

Cantara Retail @ Ara Damansara

Powered by verified data + DOSM

Generated 1 June 2026

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Executive Summary

Developer

Sime Darby Property

Location

Ara Damansara, Selangor

Type

Commercial

Price

RM575k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM575,000 is competitive for retail units in the Klang Valley, though without specified completion timeline, actual delivery and market conditions at launch remain uncertain variables affecting long-term value proposition.
  • **Location & Connectivity**: Ara Damansara offers established commercial infrastructure and proximity to residential areas, but the absence of direct MRT connectivity limits accessibility compared to transit-oriented retail alternatives, potentially impacting tenant attraction and footfall.
  • **Risk & Timing**: Lack of specified completion date introduces execution risk and holding cost uncertainty for investors; market timing risk is notable given retail sector headwinds, requiring careful assessment of pre-launch market conditions and developer track record.

NewProjek Score

6.8

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 17% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM575,000
Selangor MedianRM490,000
Priced 17% 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

RM1,800–2,500

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

4.8x

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 location with strong retail ecosystem
  • Freehold tenure ensures long-term asset ownership and value
  • Reputable Sime Darby Property developer guarantees quality construction
  • Strategic commercial zone offers excellent rental yield potential
  • Affordable entry point for retail property investment portfolio

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.