Property Review

Ayra Terraces by IJM Land

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

IJM Land

Location

Kuala Lumpur, Selangor

Type

Landed House

Price

RM438k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing of RM438,000 offers accessibility for first-time buyers in the KL market, though competitiveness depends on unit specifications and built-up area—comparison with similar freehold landed projects in the vicinity is recommended to validate value proposition.
  • **Location & Connectivity**: Absence of nearby MRT connectivity is a notable limitation for urban mobility; viability depends on proximity to other transport options (bus routes, highways) and distance to employment centers, which requires verification of the exact location within Kuala Lumpur/Selangor.
  • **Risk & Timing**: Undefined completion timeline presents uncertainty for buyers requiring specific move-in dates; potential construction delays are inherent risks, and market absorption rates for landed properties in this price range should be assessed before commitment.

NewProjek Score

8

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM438,000
Selangor MedianRM550,000
Priced 20% 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

RM1,400–1,900

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

3.7x

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

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Rumah Selangorku, Pangsapuri Cenderawasih – Camelia

SP Setia

RM220kCompleted
Adenia

SP Setia

RM227kUnder Construction
Bayu Avenue

SP Setia

RM230kUnder Construction
Why Consider + Risk Factors

Why Consider

  • IJM Land's established reputation ensures quality construction standards
  • Freehold tenure provides long-term ownership and wealth building
  • Prime Kuala Lumpur location offers excellent growth potential
  • Landed houses ideal for families seeking spacious living
  • Strategic location attracts strong rental and resale demand

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.