Island Collection
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM2 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Pricing details remain unannounced, limiting assessment of competitiveness against comparable Selangor residential projects; prospective buyers should await official price revelation to evaluate value proposition relative to development scale and specifications.
- •**Location & Connectivity**: The project's Selangor location offers regional accessibility, though the absence of nearby MRT connectivity may necessitate car dependency; proximity to major highways and commercial hubs requires verification against the specific sub-location within Selangor.
- •**Risk & Timing**: Incomplete project specifications (tenure type, completion timeline) present uncertainty for investment planning; buyers should confirm developer track record, obtain detailed timelines, and clarify land tenure before commitment, as these factors significantly impact long-term returns and occupancy certainty.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 308% above area median — premium pricing
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
RM6,400–8,600
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
15.5x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | No |
| 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
Why Consider
- • By SP Setia
Risk Factors
- • Under construction — completion delays are possible
- • 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.