Property Review

Condo @ Eden by The Parque Residences, Telok Panglima Garang, Nearby Puchong

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Kuala Langat, Selangor

Type

Condominium

Price

RM580k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM580,000 offers accessibility for first-time buyers, though market competitiveness depends on unit specifications and built-up area; limited transparency on tenure and completion timeline affects investment clarity.
  • **Location & Connectivity**: Positioned in Kuala Langat with proximity to Puchong provides access to established amenities, but absence of nearby MRT connectivity limits public transport options and may reduce long-term appeal compared to transit-oriented developments.
  • **Risk & Timing**: Incomplete project information (no tenure type, completion date, or developer confirmation) presents execution and legal certainty risks; market absorption in an area without rail connectivity may face headwinds if economic conditions soften or competing projects with better connectivity emerge.

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Priced 18% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM580,000
Selangor MedianRM490,000
Priced 18% above area median

Selangor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM1,800–2,500

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

4.5x

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 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 + Risk Factors

Why Consider

  • Located in Kuala Langat, Selangor
  • By Developer

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.