M Astra @ Setapak
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Mah Sing Group
Location
Setapak, Kuala Lumpur
Type
Condominium/Apartment
Price
RM399k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM399,000 entry price is competitive for a freehold condominium in the KL mid-market segment, though pricing competitiveness should be verified against comparable Setapak projects; value proposition depends on unit size and finishes which are not detailed here.
- •**Location & Connectivity**: Setapak offers established residential infrastructure and accessibility via major roads, but the absence of nearby MRT connectivity is a notable limitation compared to newer KL developments; proximity to public transport would be essential for long-term demand and rental appeal.
- •**Risk & Timing**: Completion timeline is not specified, creating uncertainty for buyers regarding possession and occupancy; Mah Sing Group's track record is established, but project delivery schedules should be confirmed before commitment, and market conditions may shift significantly during an extended development period.
NewProjek Score
9
Strong Buy Signal
- • Verified developer with established track record
- • 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
RM1,400–1,800
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
3.1x
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
- • Established Setapak neighbourhood with mature infrastructure
- • Reputable Mah Sing Group developer with track record
- • Freehold tenure provides long-term ownership security
- • Affordable entry price under RM400k
- • Strong rental demand in central KL location
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.