Casablanca 4
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM1.3 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM1.3M entry point is competitive for a residential project in Selangor, though without specified tenure details (freehold/leasehold) and unit specifications, full value assessment remains limited; pricing appears aligned with mid-range market standards but requires clarification on built-up area and inclusions.
- •**Location & Connectivity**: Selangor location offers reasonable accessibility, but the absence of nearby MRT connectivity is a material drawback for urban commuters; reliance on road-based transport may impact long-term appreciation and tenant appeal compared to transit-oriented developments.
- •**Risk & Timing**: Missing completion timeline and tenure information presents significant transparency gaps that increase investment uncertainty; SP Setia's established track record provides mitigation, but potential delays or regulatory changes in Selangor development could affect project delivery and market conditions at completion.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Priced 165% above area median — premium pricing
- • Completed project — no construction risk
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
RM4,100–5,600
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
10.9x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| 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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Why Consider
- • By SP Setia
Risk Factors
- • 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 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.