Chancery Ampang Hybrid SOHO
Powered by verified data + DOSM
Generated 15 July 2026
Developer
—
Location
Ampang, Kuala Lumpur
Type
Service Residence
Price
RM422k+
Tenure
Freehold
Completion
2027
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM422,000 is competitive for a hybrid SOHO unit in the Klang Valley, offering reasonable affordability; however, final pricing should be verified against comparable service residence products in similar micro-markets to assess true value proposition.
- •**Location & Connectivity**: Ampang's established residential character provides stability, but the absence of nearby MRT connectivity is a significant limitation for renters and end-users seeking transit-oriented convenience; reliance on car-dependent infrastructure may constrain tenant appeal and long-term appreciation potential.
- •**Risk & Timing**: Four-year construction timeline (completion 2027) introduces execution and market cycle risk in a competitive SOHO segment; freehold tenure is favorable, but investors should monitor absorption rates and economic conditions closely, as 2027 completion aligns with potential market saturation from competing projects.
NewProjek Score
7.7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
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
3.3x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| 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 Kuala Lumpur
Median Household Income
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
| Arte Star Arte Corp | Sungai Besi | RM245k | New Launch |
| M Luna Mah Sing Group | Kepong | RM295k | Completed |
Why Consider
- • Ampang location offers established neighbourhood with strong growth potential
- • Hybrid SOHO design suits remote workers and small businesses
- • Freehold tenure provides long-term ownership security and appreciation
- • Affordable entry price at RM422,000 for service residence
- • Completion by 2027 allows time for market appreciation
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.