Ixora @ Park City
Powered by verified data + DOSM
Generated 12 July 2026
Developer
Mah Sing Group
Location
Desa ParkCity, Kuala Lumpur
Type
Condominium
Price
RM758k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM758,000 is competitive for the Desa ParkCity micromarket, though unit specifications and built-up area comparisons would be needed to confirm value proposition relative to competing developments in the vicinity.
- •**Location & Connectivity**: While Desa ParkCity is an established, master-planned community with retail and amenities, the absence of nearby MRT connectivity is a notable limitation for commuters relying on public transport, though proximity to major roads and shopping facilities provides road-based accessibility.
- •**Risk & Timing**: Critical information gaps including tenure structure, completion timeline, and unit availability create uncertainty for investment decision-making; buyers should seek clarification on these fundamentals before commitment, particularly given the current market's emphasis on near-ready or completed properties.
NewProjek Score
8
Worth Considering
- • Verified developer with established track record
- • Priced below area median — potential value opportunity
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
RM2,600–3,500
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
Verified data 2021–2025
Price-to-Income
5.8x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| 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 Kuala Lumpur
Median Household Income
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| M Azura Mah Sing Group | Setapak | RM381k | Under Construction |
| aster-green-residence @ KL UOA Development Bhd | Kuala Lumpur | RM389k | Completed |
| SkyAwani PRIMA Residences, Serviced Apartment @ Brickfields, Kuala Lumpur SkyWorld Development | Brickfields | RM390k | New Launch |
Why Consider
- • Located in Desa ParkCity, Kuala Lumpur
- • By Mah Sing Group
Risk Factors
- • Under construction — completion delays are possible
- • 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.