Harumi Residences
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM1.3 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM1,330,000 entry price, Harumi Residences positions itself in the mid-range residential segment; competitive within Selangor's market, though final value assessment requires clarity on unit size, finishes, and amenities relative to comparable projects.
- •**Location & Connectivity**: While Selangor offers established residential appeal, the absence of nearby MRT connectivity limits public transport convenience; accessibility depends on proximity to major roads and LRT stations, which requires verification of the exact sub-location within Selangor.
- •**Risk & Timing**: Missing tenure and completion date information presents due diligence gaps; these details are critical for assessing legal security and investment timeline—potential buyers should obtain full specifications before commitment, particularly given the extended property development cycles typical in Malaysia.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 171% 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
RM4,200–5,700
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
10.3x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| 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
- • 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.