Property Review

Elysian

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

TBA

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Without confirmed pricing details, assessment of value proposition remains preliminary; however, SP Setia's track record suggests competitive positioning within the Selangor market, though final pricing will be critical to determining investment returns relative to comparable developments.
  • **Location & Connectivity**: The project's lack of immediate MRT access represents a significant connectivity constraint; reliance on road networks and future public transport infrastructure creates dependency on Selangor's broader transportation development plans, potentially limiting appeal to transit-dependent buyers.
  • **Risk & Timing**: Incomplete project specifications (tenure type and completion timeline not disclosed) present material uncertainties for investment decision-making; prospective buyers should exercise caution until official details are released, as these factors directly impact long-term holding viability and regulatory compliance.

NewProjek Score

7

Worth Considering

  • Verified developer with established track record
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

Selangor — Median Condo Prices (NAPIC)

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

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

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

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • By SP Setia

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 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.