Property Review

IOI Rio City

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

IOI Properties

Location

Puchong, Selangor

Type

Serviced Apartment

Price

RM320k – RM480k

Tenure

Leasehold

Completion

Q1 2027

NewProjek Verdict

  • **Value & Pricing**: RM320,000 entry price is competitive for serviced apartments in the Puchong corridor, though unit sizes and rental yield potential should be verified against comparable projects to confirm value proposition in a moderately saturated market segment.
  • **Location & Connectivity**: Proximity to IOI Puchong LRT station provides strong public transport access to Kuala Lumpur city center and established commercial hubs; however, reliance on a single LRT line may limit connectivity compared to projects near MRT interchange stations.
  • **Risk & Timing**: Q1 2027 completion timeline presents approximately 2.5 years pre-launch exposure; market absorption risk exists given the serviced apartment oversupply in the Klang Valley, and investor returns depend heavily on post-completion occupancy rates and rental demand sustainability.

NewProjek Score

8.2

Worth Considering

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM320,000
Selangor MedianRM490,000
Priced 35% 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

RM1,000–1,400

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

2.7x

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
Sky Curve

SP Setia

RM180kUnder Construction
Triowalk

SP Setia

RM216kUnder Construction
TRIO by Setia (Block A)

SP Setia

RM216kUnder Construction
Why Consider + Risk Factors

Why Consider

  • Excellent connectivity via IOI Puchong LRT station nearby
  • Established IOI Properties developer with strong track record
  • Strategic Puchong location near commercial and business hubs
  • Affordable entry price for serviced apartment investment opportunity
  • High rental yield potential in growing residential area

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold

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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.