Property Review

Kingfisher

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Setia Alam, Selangor

Type

Residential

Price

TBA

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing details remain to be announced, limiting assessment of competitiveness against comparable Setia Alam developments; final value proposition cannot be determined until launch specifications and pricing are disclosed.
  • **Location & Connectivity**: Setia Alam offers established suburban amenities and proximity to Klang Valley commercial centres, though the absence of nearby MRT connectivity may constrain long-term accessibility compared to transit-oriented developments, with reliance on road-based transportation.
  • **Risk & Timing**: Key project parameters—tenure, completion timeline, and developer track record for this specific scheme—remain unclear; potential buyers should await official launch details before commitment, as these factors significantly impact investment viability and exit strategy.

NewProjek Score

7.5

Worth Considering

  • Verified developer with established track record
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

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

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

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
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 Setia Alam, Selangor
  • By SP Setia

Risk Factors

  • 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.