📊 Property Review

Casa D'Arcadia

Powered by NAPIC + DOSM data

Generated 6 April 2026

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Executive Summary

Developer

SP Setia

Location

Shah Alam, Selangor

Type

Semi-detached house

Price

RM23 mil+

Tenure

Completion

NewProjek Verdict

Casa D'Arcadia represents a premium residential offering from an established developer, though the RM23 million entry price positions it at the luxury segment with limited accessibility for mainstream buyers. The absence of critical project details including tenure type, completion timeline, and MRT connectivity raises due diligence concerns that potential investors should clarify with the developer before commitment. While SP Setia's track record provides credibility, the Shah Alam location combined with the high price point and lack of public transport proximity may limit the appeal and investment liquidity compared to similarly-priced developments in more connected areas.

NewProjek Score

6.5

Moderate

  • Verified developer with established track record
  • Priced 4082% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM23,000,000
Selangor MedianRM550,000
Priced 4082% 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

RM73,300–99,200

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

192.0x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704k❌ No
RM7,000RM1.0 mil❌ No
RM10,000RM1.5 mil❌ No
RM15,000RM2.3 mil❌ No
RM20,000RM3.2 mil❌ No

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 Shah Alam, 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.