Property Review

Garden Home, Norton Garden @ Eco Grandeur, Puncak Alam

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Puncak Alam, Selangor

Type

Landed House

Price

RM1.2 mil+

Tenure

Completion

NewProjek Verdict

  • Garden Home, Norton Garden @ Eco Grandeur, Puncak Alam by the developer is a Landed House development in Puncak Alam, Selangor starting from RM1.2 mil.
  • With standard tenure, it offers a ready-to-move-in opportunity worth evaluating against comparable projects in the area.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 115% above area median — premium pricing
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,180,000
Selangor MedianRM550,000
Priced 115% above area median

Selangor — Median Condo Prices (NAPIC)

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

RM3,800–5,100

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

9.9x

National avg: 6.8x

Loan Eligibility by Salary

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

  • Strategic Puncak Alam location with growing development potential
  • Affordable landed house option at RM1.18 million
  • Proximity to Klang Valley commercial and residential hubs
  • Eco-friendly community design in sustainable township development
  • Strong capital appreciation potential in emerging area

Risk Factors

  • 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 NAPIC, 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.