IOI Rio City
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
IOI Properties
Location
Puchong, Selangor
Type
Serviced Apartment
Price
RM320k – RM480k
Tenure
Leasehold
Completion
Q1 2027
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM320,000 is competitive for serviced apartments in the Klang Valley, offering reasonable value for investors seeking rental yield, though appreciation potential may be moderate given the established Puchong market and leasehold tenure.
- •**Location & Connectivity**: Strategic positioning near IOI Puchong LRT station provides excellent public transport access and proximity to commercial hubs, shopping malls, and business parks, making it attractive for both owner-occupiers and tenants seeking convenient urban living.
- •**Risk & Timing**: Extended completion timeline to Q1 2027 carries typical construction and market cycle risks; investors should monitor interest rate trends and rental demand sustainability in the Puchong corridor, as leasehold properties also face diminishing asset value closer to lease expiry.
NewProjek Score
9.2
Strong Buy Signal
- • Verified developer with established track record
- • Leasehold tenure — check remaining lease years
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Selangor — Median Condo Prices (NAPIC)
| 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
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%
NAPIC data 2021–2025
Price-to-Income
2.7x
National avg: 6.8x
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 Selangor
Median Household Income
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Seri Seraya @ Puncak Bestari, Puncak Alam | Affordable Homes | Puncak Alam | RM205k | Completed |
| Adiwarna, Villament Home (RSKU) @ Banting, Selangor | Banting | RM245k | New Launch |
| MIRA at Shorea Park, Puchong | Puchong | RM250k | New Launch |
Why Consider
- • Excellent connectivity via IOI Puchong LRT station nearby
- • Established IOI Properties developer with strong track record
- • Affordable entry point for first-time property buyers
- • High rental yield potential in growing Puchong area
- • Strategic location close to commercial and retail hubs
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 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.