Chorus
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SP Setia
Location
Selangor
Type
Apartment
Price
RM868k+
Tenure
Freehold
Completion
2028
NewProjek Verdict
- •**Value & Pricing**: RM868,000 entry price is competitive for a freehold apartment in Selangor, though final value depends on unit size and finishes; pricing appears market-aligned for mid-range developments in the region.
- •**Location & Connectivity**: Absence of nearby MRT access is a notable drawback for long-term connectivity and rental appeal; viability hinges on proximity to major roads, employment centers, and future public transport plans in the Selangor corridor.
- •**Risk & Timing**: Four-year construction timeline (completion 2028) carries moderate execution risk typical of large developments; buyer holding costs and market conditions during this period should be factored, though SP Setia's track record as an established developer mitigates delivery risk.
NewProjek Score
6.7
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 77% above area median — premium pricing
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
RM2,800–3,700
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
7.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| 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 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
- • Freehold title property
- • By SP Setia
- • Completion expected 2028
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 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.