Property Review

Irama Villa IV

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

SP Setia

Location

Puchong, Selangor

Type

Residential

Price

RM1.8 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM1.8M entry point is competitive for a landed property in the Puchong corridor, though without specified tenure details and completion timeline, the actual value proposition cannot be fully assessed against comparable projects in the same price bracket.
  • **Location & Connectivity**: Puchong offers established suburban connectivity via major roads (LDP, Federal Highway), but the absence of nearby MRT access limits long-term public transport convenience compared to emerging transit-oriented developments, potentially affecting resale appeal.
  • **Risk & Timing**: The project's lack of disclosed tenure type and completion date presents information gaps that may indicate early-stage marketing; purchasers should exercise caution and seek clarification on these fundamentals before commitment, particularly given the extended property development cycles in the current market environment.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Priced 267% above area median — premium pricing
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,800,000
Selangor MedianRM490,000
Priced 267% 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

RM5,700–7,800

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

14.0x

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 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

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

  • Located in Puchong, Selangor
  • By SP Setia

Risk Factors

  • 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.