Property Review

M Aspira, Serviced Apartment @ Taman Desa

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Seputeh, Kuala Lumpur

Type

Serviced Apartment

Price

RM449k+

Tenure

Leasehold

Completion

2028

NewProjek Verdict

  • **Pricing & Value**: Unit prices from RM449,000 offer moderate entry positioning for the Seputeh market, though serviced apartment yields typically range 3-5% annually; valuations remain dependent on post-completion operational performance and rental demand.
  • **Location & Connectivity**: Seputeh provides residential proximity to Kuala Lumpur's established neighbourhoods, but the absence of direct MRT connectivity and reliance on alternative transport (LRT Taman Desa station ~1.5km away) may limit appeal to commuters seeking seamless public transit access.
  • **Risk & Timing**: A 2028 completion timeline presents extended holding periods with construction and market cycle risks; investors should account for potential economic fluctuations, rising interest rates, and the competitive serviced apartment landscape before capital commitment.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM449,000
Kuala Lumpur MedianRM850,000
Priced 47% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,500–2,100

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

3.7x

National avg: 6.8x

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 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

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Arte Star

Arte Corp

Sungai BesiRM245kNew Launch
M Luna

Mah Sing Group

KepongRM295kRecently Completed
Why Consider + Risk Factors

Why Consider

  • Prime Seputeh location in established Kuala Lumpur neighbourhood
  • Serviced apartment investment with rental income potential
  • Affordable entry price at RM449,000 for KL property
  • Taman Desa area offers mature amenities and lifestyle
  • Long-term appreciation potential before 2028 completion

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold
  • 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.