Dimina
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Setia Alam, Selangor
Type
Residential
Price
RM1.1 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM1,110,095 entry price, the project offers competitive positioning within the Setia Alam corridor for residential units, though the absence of tenure information and completion timeline details limits full valuation assessment and long-term appreciation predictability.
- •**Location & Connectivity**: Setia Alam provides established infrastructure and amenities as a mature township, but the absence of nearby MRT connectivity may constrain long-term accessibility and demand growth compared to projects along KL's rapid transit corridors, relying instead on road-based commuting.
- •**Risk & Timing**: The lack of specified completion date presents execution and delivery uncertainty, while the unnamed tenure type raises questions about freehold/leasehold implications for resale value; prospective buyers should clarify these critical details before commitment given SP Setia's track record requires validation against project-specific timelines.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 127% 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
RM3,500–4,800
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
8.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Why Consider
- • Setia Alam location offers strategic connectivity to major highways
- • SP Setia's reputation ensures quality construction and reliable completion
- • Competitive pricing at RM1.1M attracts strong rental demand
- • Established neighbourhood with mature amenities and community infrastructure
- • Strong capital appreciation potential in growing Selangor market
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.