Property Review

Isle of Fantasia (Glenice), Semi-D @ Setia Eco Glades, Cyberjaya

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Cyberjaya, Selangor

Type

Semi-D

Price

RM2.2 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: At RM2.16 million for a semi-detached unit in Cyberjaya, the property commands a premium positioning; value assessment requires comparison with nearby completed projects, though pricing appears aligned with established residential developments in the Klang Valley corridor.
  • **Location & Connectivity**: Setia Eco Glades offers established infrastructure and proximity to Cyberjaya's commercial hub, but the absence of direct MRT connectivity limits public transport appeal; accessibility depends on car ownership and road networks to major employment centers.
  • **Risk & Timing**: Completion timeline uncertainty presents a material risk for purchasers; unspecified tenure details and project delivery schedules warrant clarification with the developer before commitment, particularly given the current property market volatility and interest rate environment.

NewProjek Score

6.5

Moderate

  • Verified developer with established track record
  • Priced 293% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,160,000
Selangor MedianRM550,000
Priced 293% above area median

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

RM6,900–9,300

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

18.0x

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 milStretch
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 Cyberjaya, Selangor
  • 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 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.