Jumpa @ City of Elmina
Powered by verified data + DOSM
Generated 16 July 2026
Developer
Sime Darby Property
Location
Shah Alam, Selangor
Type
Landed House
Price
RM995k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM994,888 entry price offers competitive positioning for freehold landed houses in Shah Alam's mid-tier market segment, though value proposition depends on built-up area and finishes relative to comparable developments in the vicinity.
- •**Location & Connectivity**: Shah Alam provides established infrastructure and amenities, but the absence of nearby MRT connectivity is a notable limitation for commuters relying on public transport; proximity to major roads and commercial hubs requires verification against buyer's mobility needs.
- •**Risk & Timing**: Unspecified completion timeline presents uncertainty for investment planning and cash flow forecasting; buyers should clarify delivery schedules and developer track record (Sime Darby Property's established reputation provides some mitigation) before commitment.
NewProjek Score
7.5
Worth Considering
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced 81% 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
RM3,200–4,300
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
7.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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 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
- • Established Shah Alam location with proven infrastructure development
- • Reputable Sime Darby Property developer ensures quality construction
- • Freehold tenure provides long-term ownership and asset security
- • Competitive pricing under RM1 million for landed house
- • Strategic position in growing commercial and residential hub
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
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.