KL48 @ Chan Sow Lin, Kuala Lumpur
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
KL City Centre, Kuala Lumpur
Type
Serviced Apartment
Price
RM619k+
Tenure
Freehold
Completion
2026
NewProjek Verdict
- •**Value & Pricing**: Entry pricing of RM619,000 is competitive for central Kuala Lumpur serviced apartments, though final per-unit costs and rental yield projections should be verified against comparable projects in the KL City Centre corridor.
- •**Location & Connectivity**: Prime KL City Centre location offers excellent walkability to business districts and amenities, though the absence of direct MRT connectivity is a notable limitation that may reduce appeal to transit-dependent buyers and tenants compared to nearby MRT-served developments.
- •**Risk & Timing**: 2026 completion timeline presents standard execution risk for a mid-term project; buyers should monitor developer track record and market conditions, as the 2-3 year holding period carries exposure to interest rate changes and potential market softening before revenue generation begins.
NewProjek Score
7.7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • 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
RM2,100–2,800
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
5.0x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| 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 |
|---|---|---|---|
| Lakeville Residence @ Taman Wahyu, KL Mah Sing Group | Taman Wahyu | RM325k | Under Construction |
| M Nova @ Kepong Mah Sing Group | Kepong | RM328k | New Launch |
| M Arisa @ Sentul Mah Sing Group | Sentul | RM338k | Under Construction |
Why Consider
- • Prime KL City Centre location with excellent urban connectivity
- • Freehold tenure ensures long-term ownership and appreciation potential
- • Serviced apartment model offers rental income opportunities
- • Strategic position in Kuala Lumpur's commercial and residential hub
- • Modern development in high-demand metropolitan area
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.