Jumpa @ City of Elmina
Powered by verified data + DOSM
Generated 1 June 2026
Developer
Sime Darby Property
Location
Shah Alam, Selangor
Type
Landed House
Price
RM995k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry-level pricing starting from RM994,888 offers reasonable affordability for first-time buyers in the Shah Alam market, though long-term appreciation potential depends on comparable developments and market conditions in the corridor.
- •**Location & Connectivity**: Shah Alam benefits from established infrastructure and proximity to major employment centers, but the absence of nearby MRT connectivity may limit future demand and resale appeal compared to transit-oriented developments in the Klang Valley.
- •**Risk & Timing**: The unspecified completion date presents a timing uncertainty for buyers, and investment risk should be assessed against Sime Darby Property's track record; market absorption rates for similar landed properties in this price segment warrant consideration before commitment.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • 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
8.3x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Why Consider
- • Sime Darby Property's reputable track record ensures quality construction
- • Shah Alam's strategic location offers excellent connectivity and amenities
- • Freehold tenure provides long-term ownership and investment security
- • City of Elmina's master-planned community creates strong value appreciation
- • Landed houses ideal for families seeking spacious modern living
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.