Property Review

Danau Mutiara @ Putrajaya

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Location

Putrajaya, Putrajaya

Type

Bungalow

Price

RM2.6 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM2.6 million for a bungalow in Putrajaya, the pricing is positioned at the premium end of the local market; value assessment is constrained by the absence of tenure details and completion timeline, which are critical factors for investment evaluation.
  • **Location & Connectivity**: Putrajaya offers established infrastructure and administrative significance, but the absence of nearby MRT connectivity limits accessibility compared to other major developments; reliance on car-based transportation may reduce appeal for buyers prioritizing public transit options.
  • **Risk & Timing**: Incomplete project information (unspecified tenure, no completion date) presents material risks for potential buyers; the lack of transparency on these fundamental details suggests either early-stage marketing or information gaps that require clarification before proceeding with investment decisions.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 271% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,600,000
Putrajaya MedianRM700,000
Priced 271% above area median

W.P. Putrajaya — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM570,000
2022RM583,000+2.3%
2023RM595,000+2.1%
2024RM608,000+2.2%
2025RM620,000+2.0%
Investment Analysis

Est. Monthly Rental

RM8,100–11,000

Based on similar properties in Putrajaya

Gross Rental Yield

3.9%–4.9%

Annual rental / property price

Area Price Trend

+8.8%

NAPIC data 2021–2025

Price-to-Income

21.5x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milNo
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 Putrajaya

Median Household Income

RM10,056/mo

DOSM 2022

Mean Household Income

RM13,473/mo

DOSM 2022

Households Above RM8k

~57%

Estimated for Putrajaya

Why Consider + Risk Factors

Why Consider

  • Located in Putrajaya, Putrajaya
  • By Developer

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 NAPIC, 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.

Danau Mutiara @ Putrajaya Property Report — Is It Worth Buying? | NewProjek | NewProjek