Property Review

Friska

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM1.1 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing from RM1,118,000 positions Friska within the mid-range residential segment; valuation competitiveness requires comparison with similar Selangor developments, though SP Setia's established track record typically supports reasonable value retention.
  • **Location & Connectivity**: The Selangor location lacks immediate MRT accessibility, which may limit appeal to urban commuters; connectivity viability depends on proximity to major highways, employment centers, and planned public transport expansions in the specific sub-location.
  • **Risk & Timing**: Absence of specified completion date introduces uncertainty in project delivery timelines; investment timing carries execution risk typical of ongoing developments, warranting verification of contractor performance history and market absorption rates for this price segment.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 128% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,118,000
Selangor MedianRM490,000
Priced 128% 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

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

9.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milStretch
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.