Property Review

Carabella, 2-Storey Linked Semi-D @ Setia Alamsari, Kajang, Selangor

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Kajang, Selangor

Type

Semi-D

Price

RM873k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM873,000 for a 2-storey semi-detached unit, the pricing appears competitive for the Kajang market segment, though affordability depends on individual financial capacity and comparable properties in the immediate vicinity require verification.
  • **Location & Connectivity**: Kajang offers reasonable accessibility via major highways and established commercial nodes, though the absence of nearby MRT connectivity limits convenient public transportation options compared to newer developments closer to transit hubs.
  • **Risk & Timing**: Key project risks include unspecified completion timelines and tenure details, which are essential factors for investment decision-making; market timing considerations should account for the broader Kajang property cycle and SP Setia's historical delivery track record.

NewProjek Score

6.5

Moderate

  • Verified developer with established track record
  • Priced 59% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM873,000
Selangor MedianRM550,000
Priced 59% 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

RM2,800–3,800

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

7.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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

  • Located in Kajang, Selangor
  • 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 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.

Carabella, 2-Storey Linked Semi-D @ Setia Alamsari, Kajang, Selangor Property Report — Is It Worth Buying? | NewProjek | NewProjek