Desa Palma Phase 12A (Nasa Avenue 2) by IJM Land
Powered by verified data + DOSM
Generated 31 May 2026
Developer
IJM Land
Location
Kuala Lumpur, Selangor
Type
Condominium/Apartment
Price
RM733k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM733,000 entry point is competitively positioned for the condominium segment in the Kuala Lumpur-Selangor corridor, offering reasonable value for freehold tenure, though pricing competitiveness depends on unit size, finishes, and amenities relative to comparable nearby projects.
- •**Location & Connectivity**: Located in Kuala Lumpur with accessibility via road networks, but absence of nearby MRT connectivity limits public transportation options and may constrain long-term demand and rental appeal compared to transit-oriented developments in the metropolitan area.
- •**Risk & Timing**: Unspecified completion date presents a timeline risk requiring clarification from the developer; investors should verify project phase status and delivery schedules, as extended timelines could impact cash flow and market conditions, particularly in a competitive condominium market.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 50% 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
RM2,300–3,200
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
6.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| 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 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
- • Established IJM Land developer with strong track record
- • Freehold tenure provides long-term ownership security
- • Competitive pricing in Kuala Lumpur condominium market
- • Located in developed Kuala Lumpur area with amenities
- • Solid investment potential in prime urban location
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 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.