M Astra @ Setapak
Powered by verified data + DOSM
Generated 31 May 2026
Developer
Mah Sing Group
Location
Setapak, Kuala Lumpur
Type
Condominium/Apartment
Price
RM449k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM449,160 entry price, M Astra @ Setapak offers competitive positioning for the mid-range condominium segment in Kuala Lumpur, though pricing appears moderately aggressive relative to comparable freehold units in similar submarkets without clear specification of unit sizes and amenities.
- •**Location & Connectivity**: Setapak's accessibility is constrained by the absence of direct MRT connectivity, limiting rapid transit options; however, the location benefits from established infrastructure, proximity to Kuala Lumpur's northern corridor, and potential future public transport developments that could enhance long-term connectivity.
- •**Risk & Timing**: The absence of a specified completion date presents material uncertainty for investment planning and rental income projections; buyers should exercise caution regarding construction timeline commitment, and market absorption risk should be evaluated against the broader KL residential cycle and Mah Sing Group's historical delivery
NewProjek Score
8
Worth Considering
- • Developer verification status not confirmed
- • 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
RM1,500–2,100
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 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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
| M Luna Mah Sing Group | Kepong | RM295k | Recently Completed |
| SkyAwani 6 Residences @ Setapak, Kuala Lumpur SkyWorld Development | Setapak | RM300k | New Launch |
Why Consider
- • Freehold property in established Setapak neighbourhood
- • Affordable entry price for Kuala Lumpur property
- • Reputable Mah Sing Group developer ensures quality
- • Strong investment potential in growing area
- • Strategic location with convenient urban accessibility
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.