Ferrous Finale
Powered by verified data + DOSM
Generated 12 June 2026
Developer
SP Setia
Location
Shah Alam, Selangor
Type
Landed
Price
RM986+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM986k entry point is competitive for Shah Alam landed properties, though pricing appears to lack transparency regarding unit specifications and final completion costs that may impact overall value proposition.
- •**Location & Connectivity**: Shah Alam offers established residential infrastructure and proximity to commercial zones, but the absence of nearby MRT connectivity limits public transport accessibility compared to newer developments along transit corridors in the Klang Valley.
- •**Risk & Timing**: Missing tenure details and completion timeline information present material gaps for investment decision-making; prospective buyers should request clarification on these factors before commitment, as unclear timelines increase execution and market timing risks.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Priced below area median — potential value opportunity
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
RM0–0
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
0.0x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| 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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Why Consider
- • Located in Shah Alam, Selangor
- • 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 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.