Friska
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM1.1 mil+
Tenure
Freehold
Completion
2026
NewProjek Verdict
- •**Value & Pricing**: RM1,118,000 entry price is competitive for Selangor residential market, though actual value assessment is hindered by missing tenure details and completion timeline that should be clarified before purchase commitment.
- •**Location & Connectivity**: Selangor location lacks MRT connectivity, limiting appeal to buyers dependent on public transport; desirability will depend on proximity to major highways, employment centers, and whether complementary amenities justify the trade-off.
- •**Risk & Timing**: Incomplete project specifications (no tenure type, no completion date listed) present material risks; buyers should obtain full details on freehold/leasehold status and delivery timeline before proceeding, as these significantly impact long-term value and investment returns.
NewProjek Score
6.7
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 128% 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
RM3,600–4,800
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
8.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Why Consider
- • Freehold title property
- • By SP Setia
- • Completion expected 2026
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.