M Aspira, Serviced Apartment @ Taman Desa
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Seputeh, Kuala Lumpur
Type
Serviced Apartment
Price
RM449k+
Tenure
Leasehold
Completion
2028
NewProjek Verdict
- •**Value & Pricing**: RM449,000 entry price is moderately positioned for serviced apartments in the Kuala Lumpur market, though the lack of premium amenities differentiation and leasehold tenure (depreciating asset) may limit long-term capital appreciation compared to freehold alternatives in similar price segments.
- •**Location & Connectivity**: Taman Desa (Seputeh) offers established residential character and local amenities, but the absence of direct MRT access is a significant disadvantage for commuters; reliance on buses and private transport may reduce appeal compared to transit-oriented developments in central KL.
- •**Risk & Timing**: The 2028 completion timeline presents extended execution risk over four years with exposure to market cyclicality, interest rate changes, and potential construction delays; buyer financing costs and holding periods should be carefully evaluated before commitment.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • 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
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
3.5x
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
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
| Arte Star Arte Corp | Sungai Besi | RM245k | New Launch |
| M Luna Mah Sing Group | Kepong | RM295k | Completed |
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.