Property Review

Garden Boulevard @ Cyberjaya

Powered by verified data + DOSM

Generated 16 July 2026

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Executive Summary

Developer

Mah Sing Group

Location

Cyberjaya, Selangor

Type

Condominium/Apartment

Price

RM256k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing of RM256,000 is competitive for Cyberjaya's market segment; however, lack of specified completion date raises concerns about actual delivery timeline and potential cost escalations affecting overall value proposition.
  • **Location & Connectivity**: Cyberjaya's strategic position within the Klang Valley tech corridor provides strong employment proximity and accessibility via major expressways (LDP, KLIA Expressway), though the absence of nearby MRT connectivity is a significant disadvantage compared to newer developments in other emerging areas.
  • **Risk & Timing**: Primary risks include undefined completion schedule which complicates financing and occupancy planning, combined with Cyberjaya's mature development phase potentially offering slower capital appreciation compared to newer growth corridors, requiring investors to focus on rental yield rather than long-term capital gains.

NewProjek Score

9

Strong Buy Signal

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM256,000
Selangor MedianRM490,000
Priced 48% below 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

RM800–1,100

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

2.0x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Sky Curve

SP Setia

RM180kUnder Construction
TRIO by Setia (Block A)

SP Setia

RM216kCompleted
TRIO by Setia (Block B)

SP Setia

RM216kCompleted
Why Consider + Risk Factors

Why Consider

  • Cyberjaya prime location with growing commercial and tech hub
  • Affordable entry price at RM256,000 for freehold property
  • Mah Sing Group reputation ensures quality construction standards
  • Strategic position near major employment centres and amenities
  • Strong investment potential in developing Cyberjaya corridor area

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.