Property Review

Damayan @ Putra Heights

Powered by verified data + DOSM

Generated 16 July 2026

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Executive Summary

Developer

Sime Darby Property

Location

Putra Heights, Selangor

Type

Landed House

Price

RM795k+

Tenure

Freehold

Completion

2028

NewProjek Verdict

  • **Value & Pricing**: RM795,000 entry price is competitive for freehold landed houses in the Klang Valley, offering reasonable value for the property type and developer pedigree, though final pricing upon completion should be monitored against market conditions in 2028.
  • **Location & Connectivity**: Putra Heights benefits from proximity to major expressways and established commercial amenities, but the absence of nearby MRT access limits public transport convenience and may impact long-term appreciation compared to rail-connected developments.
  • **Risk & Timing**: A 2028 completion timeline presents moderate execution risk typical of major developer projects; buyers should assess their ability to hold through a 4-year construction period and consider potential market cycles, though Sime Darby Property's track record mitigates some development risk.

NewProjek Score

7.7

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced 45% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM795,000
Selangor MedianRM550,000
Priced 45% 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

RM2,500–3,400

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

6.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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

  • Established Putra Heights location with mature neighbourhood amenities
  • Reputable Sime Darby Property developer ensures quality construction
  • Freehold tenure provides long-term ownership security and value
  • Competitive RM795,000 price point for landed house investment
  • Strong capital appreciation potential in growing Selangor corridor

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.