Property Review

Chancery Ampang Hybrid SOHO

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

Location

Ampang, Kuala Lumpur

Type

Service Residence

Price

RM422k+

Tenure

Completion

2027

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM422,000 offers accessibility for first-time investors, though pricing competitiveness requires comparison with similar hybrid SOHO units in greater KL; unit specifications and built-up area are not detailed, making per-square-foot valuation assessment difficult.
  • **Location & Connectivity**: Ampang location provides established residential infrastructure and proximity to commercial districts, but the absence of nearby MRT connectivity is a significant disadvantage for daily commuting and future rental demand compared to transit-oriented developments in central KL.
  • **Risk & Timing**: Five-year completion timeline to 2027 carries moderate construction and market risk; lack of specified tenure details (freehold/leasehold) and developer information raises due-diligence concerns, and extended holding periods may impact short-term liquidity and market cycle exposure.

NewProjek Score

6.7

Moderate

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM422,000
Kuala Lumpur MedianRM850,000
Priced 50% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,400–1,900

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

Verified data 2021–2025

Price-to-Income

3.4x

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 Kuala Lumpur

Median Household Income

RM10,234/mo

DOSM 2022

Mean Household Income

RM13,325/mo

DOSM 2022

Households Above RM8k

~58%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
M Luna

Mah Sing Group

KepongRM295kRecently Completed
Ria Bangsar SouthBangsar SouthRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Ampang, Kuala Lumpur
  • By Developer
  • Completion expected 2027

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.