Property Review

Ferrous2

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

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
Market Price Analysis

Is this project priced fairly?

Developer PriceRM850,000
Selangor MedianRM490,000
Priced 73% above area median

Selangor — Median Condo Prices (Verified)

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

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 SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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
  • 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.