CITY CENTRE BUSINESS HUB PHASE 2
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM1.6 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM1.6M positions this mid-to-upper segment residential offering competitively within Selangor's market, though final value assessment is constrained by absence of unit specifications, built-up area, and amenity details.
- •**Location & Connectivity**: Selangor location lacks specified MRT proximity, which may limit appeal to buyers prioritizing public transport access; connectivity viability depends on proximity to major highways, LRT lines, or employment centers not detailed in available information.
- •**Risk & Timing**: Project completion timeline is undisclosed, creating uncertainty for investors regarding cash flow and capital recovery; Phase 2 status suggests ongoing development, warranting verification of Phase 1 delivery track record and market absorption rates before commitment.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Priced 227% 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
RM5,100–6,900
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
12.4x
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 | Stretch |
| 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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Why Consider
- • SP Setia reputation ensures quality construction and after-sales service
- • Selangor location offers accessibility to major employment centres
- • Business hub integration provides mixed-use lifestyle convenience
- • Strategic positioning supports long-term capital appreciation potential
- • RM1.6M entry point competitive for Selangor market
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.