IOI Rio City
Powered by verified data + DOSM
Generated 29 July 2026
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, offering reasonable value for the segment, though buyers should verify rental yield projections against current market absorption rates in the area.
- •**Location & Connectivity**: IOI Puchong LRT station proximity provides strong public transport access and positions the project within an established mixed-use precinct; however, Puchong remains a secondary location compared to central KL, which may limit capital appreciation potential.
- •**Risk & Timing**: Q1 2027 completion timeline carries moderate construction execution risk over a 2.5+ year period; leasehold tenure with unspecified lease duration is a consideration, and market conditions during launch phase will be critical to project viability and investor returns.
NewProjek Score
8.2
Worth Considering
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • Priced below area median — potential value opportunity
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
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
2.5x
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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Sky Curve SP Setia | — | RM180k | Under Construction |
| TRIO by Setia (Block C) SP Setia | — | RM216k | Completed |
| TRIO by Setia (Block A) SP Setia | — | RM216k | Completed |
Why Consider
- • IOI Puchong LRT station nearby for excellent public connectivity
- • Established IOI Properties developer with strong track record
- • Affordable pricing in sought-after Puchong location
- • Strategic location near shopping malls and amenities
- • High rental demand potential in growing commercial hub
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.