LONGEVIA
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM800k+
Tenure
Freehold
Completion
2025
NewProjek Verdict
- •**Pricing & Value**: RM800,000 entry point is competitive for Selangor freehold residential, offering reasonable value relative to similar developments, though final returns depend on location-specific demand and post-completion market conditions.
- •**Location & Connectivity**: Absence of nearby MRT access is a notable limitation for long-term appreciation and tenant appeal; connectivity relies on road networks and bus routes, which may constrain desirability compared to transit-oriented alternatives in the region.
- •**Risk & Timing**: 2025 completion timeline carries execution risk typical of ongoing projects; buyer returns will be subject to market absorption rates and economic conditions at launch, with freehold status providing tenure security but no guarantee against slower-than-expected capital growth.
NewProjek Score
6.7
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 63% 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
RM2,600–3,400
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
6.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| 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 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
- • SP Setia's established reputation ensures quality construction and completion
- • Selangor location offers growing economic opportunities and development
- • Freehold tenure provides permanent ownership and long-term value
- • RM800,000 competitive pricing in current property market
- • 2025 completion timeline allows strategic investment planning
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.