Property Review

Erica Residence, 3-Storey Semi-D @ Bukit Puchong, Puchong, Selangor

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Puchong, Selangor

Type

Semi-D

Price

RM2.1 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: RM2.14 million positions this semi-detached unit in the mid-to-upper segment for Puchong's residential market; comparable properties in the area typically range RM1.8–2.3 million, suggesting competitive but not discounted pricing that reflects freehold tenure and 3-storey configuration.
  • **Location & Connectivity**: Bukit Puchong offers established residential infrastructure and road access via major routes like Federal Highway and Puchong-Kajang Highway; however, the absence of nearby MRT connectivity limits public transport options and may constrain long-term appreciation relative to upcoming MRT-adjacent developments in the Klang Valley.
  • **Risk & Timing Consideration**: The unspecified completion date introduces timeline uncertainty for buyers; coupled with the absence of MRT proximity, market absorption could be slower than locations with confirmed rail access, making this suitable primarily

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 289% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,140,000
Selangor MedianRM550,000
Priced 289% above area median

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

RM6,800–9,200

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

Price-to-Income

17.9x

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 milStretch
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

  • Established Puchong location with mature neighbourhood infrastructure
  • Freehold tenure ensures long-term property ownership security
  • Competitive pricing for spacious 3-storey semi-detached home
  • Strategic position near shopping, schools, and amenities
  • Strong rental potential in sought-after residential area

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.