Property Review

Irama Villa III

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Puchong, Selangor

Type

Residential

Price

TBA

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing remains undisclosed (TBA), limiting immediate affordability assessment; buyer evaluation should await official price release to benchmark against comparable Puchong developments and determine value proposition.
  • **Location & Connectivity**: Puchong offers established residential infrastructure and proximity to commercial hubs, though absence of nearby MRT stations necessitates reliance on road transport, potentially limiting long-term connectivity advantages compared to rail-served locations.
  • **Risk & Timing**: Incomplete project specifications (tenure, completion timeline) present execution uncertainty; purchase decisions should be deferred until developer confirms these critical details to mitigate timing and legal structure risks.

NewProjek Score

7.5

Worth Considering

  • Verified developer with established track record
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

Selangor — Median Condo Prices (NAPIC)

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

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

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

Why Consider + Risk Factors

Why Consider

  • Located in Puchong, Selangor
  • By SP Setia

Risk Factors

  • No MRT/LRT station listed nearby — may affect future demand
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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.

Irama Villa III Property Report — Is It Worth Buying? | NewProjek | NewProjek