Property Review

Enlace Suites by IJM Land

Powered by verified data + DOSM

Generated 29 August 2026

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Executive Summary

Developer

IJM Land

Location

Kuala Lumpur, Selangor

Type

Condominium/Apartment

Price

RM10.5 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • Value & Pricing: Without confirmed pricing details, competitive assessment is limited; however, IJM Land's track record suggests reasonable value positioning, though final pricing must be evaluated against comparable freehold developments in the KL market to determine investment merit.
  • Location & Connectivity: The project's KL location provides urban accessibility, but the absence of nearby MRT connectivity is a notable disadvantage for commuters, potentially limiting appeal to transit-dependent buyers and affecting long-term rental yield prospects.
  • Risk & Timing: Undefined completion timeline presents execution risk and extends investment holding periods; buyers should seek clarity on development phases and delivery schedules before commitment, as unclear timelines may impact market conditions and opportunity cost.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 2043% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM10,500,000
Selangor MedianRM490,000
Priced 2043% above 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

RM33,500–45,300

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

81.6x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milNo
RM20,000RM3.2 milNo

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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Prime Kuala Lumpur location with strong growth potential and accessibility
  • Freehold tenure ensures long-term ownership value and asset appreciation
  • IJM Land's established reputation delivers quality construction and reliable completion
  • Strategic positioning in vibrant commercial and residential district
  • Excellent investment potential in sought-after Malaysian property market

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.