📊 Property Review

M Astra @ Setapak

Powered by NAPIC + DOSM data

Generated 16 April 2026

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Executive Summary

Developer

Mah Sing Group

Location

Setapak, Kuala Lumpur

Type

Condominium/Apartment

Price

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing details remain unannounced (TBA), making it difficult to assess market competitiveness; valuation should be benchmarked against comparable freehold units in the Setapak corridor once released to determine if pricing justifies the development quality and specifications.
  • **Location & Connectivity**: Setapak offers moderate accessibility via road networks and bus routes, but the absence of nearby MRT connectivity is a significant limitation compared to transit-oriented developments; proximity to Wangsa Maju and potential future LRT extensions should be verified to gauge long-term accessibility improvements.
  • **Risk & Timing**: Completion timeline is not specified, creating uncertainty regarding project delivery and investment returns; this lack of clarity, combined with unconfirmed pricing and no MRT access, presents execution risk and suggests waiting for official launch details before commitment.

NewProjek Score

8

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

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

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

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

NAPIC data 2021–2025

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704k✅ Yes
RM7,000RM1.0 mil✅ Yes
RM10,000RM1.5 mil✅ Yes
RM15,000RM2.3 mil✅ Yes
RM20,000RM3.2 mil✅ Yes

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

Why Consider + Risk Factors

✅ Why Consider

  • Located in Setapak, Kuala Lumpur
  • Freehold title property
  • By Mah Sing Group

⚠️ 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 NAPIC, 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.