Property Review

East 57 @ KL East

Powered by verified data + DOSM

Generated 1 June 2026

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Executive Summary

Developer

Sime Darby Property

Location

Kuala Lumpur, Kuala Lumpur

Type

Landed House

Price

RM560k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing and Value**: Entry price of RM560,000 positions this project competitively for landed houses in the KL East corridor, offering reasonable value for freehold properties, though actual returns depend on final specifications and build quality from an established developer like Sime Darby Property.
  • **Location and Connectivity**: While situated in Kuala Lumpur's established East zone, the absence of nearby MRT connectivity is a notable limitation; accessibility relies on road networks and bus services, which may impact long-term appreciation compared to transit-oriented developments.
  • **Risk and Timing**: The unspecified completion date presents uncertainty for buyers regarding possession timelines and market conditions at handover; this ambiguity warrants clarification before commitment, particularly given potential interest rate and property market fluctuations.

NewProjek Score

8

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM560,000
Kuala Lumpur MedianRM750,000
Priced 25% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,900–2,600

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

Verified data 2021–2025

Price-to-Income

4.6x

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 Kuala Lumpur

Median Household Income

RM10,234/mo

DOSM 2022

Mean Household Income

RM13,325/mo

DOSM 2022

Households Above RM8k

~58%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
M Luna

Mah Sing Group

KepongRM295kRecently Completed
Ria Bangsar SouthBangsar SouthRM300kNew Launch
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Strategically located in KL East, established commercial hub
  • Freehold tenure ensures long-term ownership and asset security
  • Sime Darby Property delivers quality, trusted developer track record
  • Affordable entry point at RM560k for landed property
  • Strong investment potential in high-growth Kuala Lumpur corridor

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.