Ixora @ Park City
Powered by verified data + DOSM
Generated 28 May 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 positions this project competitively within the mid-range segment, though without specified tenure details (freehold/leasehold) and completion timeline, the true value proposition cannot be fully assessed against comparable developments in the same price bracket.
- •**Location & Connectivity**: Desa ParkCity offers established residential infrastructure and amenities within a mature township, but the absence of nearby MRT connectivity limits accessibility to Kuala Lumpur's public transport network, making car dependency a practical consideration for residents and potentially affecting long-term resale appeal.
- •**Risk & Timing**: The lack of disclosed completion date and tenure information presents transparency concerns; buyers should exercise due diligence on these critical details before commitment, as delayed completions or unfavorable lease structures could impact investment returns and occupancy timelines.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • 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
6.2x
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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
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 | Various |
| 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.