Harumi Residences
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM1.3 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM1.33M entry price is competitive for mid-range residential in Selangor, though without completion timeline and tenure details, it is difficult to assess long-term value retention and ROI relative to comparable projects in the region.
- •**Location & Connectivity**: Selangor location lacks proximate MRT access, limiting public transportation convenience for commuters; connectivity depends on proximity to highways and local amenities, which requires detailed site analysis to evaluate accessibility versus surrounding alternatives.
- •**Risk & Timing**: Absence of specified completion date and tenure information creates uncertainty regarding investment timeline and legal structure; buyers should request comprehensive details from SP Setia before commitment, as these factors significantly impact marketability and holding period risks.
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
11.1x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
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.