Icon Residence @ Mont Kiara
Powered by NAPIC + DOSM data
Generated 16 April 2026
Developer
Mah Sing Group
Location
Mont Kiara, Kuala Lumpur
Type
Condominium/Apartment
Price
TBA
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Lack of disclosed pricing details limits value assessment; however, Mont Kiara's premium positioning typically commands higher unit costs, warranting careful comparison against competing developments in the same micro-market segment.
- •**Location & Connectivity**: Mont Kiara remains a sought-after residential enclave with established amenities and proximity to Bangsar and KLCC, though the absence of direct MRT access may disadvantage long-term appeal compared to newer transit-oriented developments.
- •**Risk & Timing**: Unspecified completion timeline presents execution risk; investors should seek clarity from Mah Sing Group on project milestones, as extended delivery periods could impact rental yield forecasts and capital appreciation timelines in an increasingly competitive KL property market.
NewProjek Score
8.5
Strong Buy Signal
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Completed project — no construction risk
Is this project priced fairly?
Price comparison data not available for this project.
W.P. Kuala Lumpur — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
—
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
NAPIC data 2021–2025
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | ✅ Yes |
| RM7,000 | RM1.0 mil | ✅ Yes |
| 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 Kuala Lumpur
Median Household Income
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
✅ Why Consider
- • Located in Mont Kiara, Kuala Lumpur
- • Freehold title property
- • By Mah Sing Group
⚠️ Risk Factors
- • 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.