Ferrous2
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM850k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: The entry price of RM850,000 is competitive for Selangor residential developments, though without specified tenure details (freehold/leasehold) and completion timeline, cost-per-square-foot comparison remains incomplete; buyers should verify built-up area and payment schemes against similar SP Setia projects.
- •**Location & Connectivity**: The project's connectivity is constrained by the absence of nearby MRT access, limiting public transport convenience; location viability depends on proximity to highways, local amenities, and future infrastructure plans that should be confirmed with the developer before purchase.
- •**Risk & Timing**: Primary risks include unspecified completion date creating uncertainty in possession timeline and investment returns, combined with lack of tenure clarification; market absorption and property appreciation depend heavily on Selangor's economic trajectory and whether the project addresses future rail connectivity plans.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 73% 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
RM2,700–3,700
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
7.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| 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
- • By SP Setia
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.