Property Review

M Luna

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Mah Sing Group

Location

Kepong, Kuala Lumpur

Type

Condominium

Price

RM295k – RM420k

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: M Luna's entry point of RM295,000 is competitively positioned for Kepong's mid-market segment, though end-user affordability depends on final unit sizes and finishes; pricing appears reasonable relative to similar leasehold developments in the area.
  • **Location & Connectivity**: Metro Prima MRT station proximity provides meaningful public transport access, though Kepong remains a secondary location compared to central KL; connectivity is adequate for mid-range buyers but may limit capital appreciation compared to primary corridors.
  • **Risk & Timing**: The absence of a specified completion date presents execution risk and extends buyer uncertainty; leasehold tenure with unconfirmed lease duration reduces long-term asset value security compared to freehold alternatives in the same price bracket.

NewProjek Score

9

Strong Buy Signal

  • Verified developer with established track record
  • Leasehold tenure — check remaining lease years
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM295,000
Kuala Lumpur MedianRM850,000
Priced 65% 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

RM1,000–1,400

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

2.4x

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
Leederville Business Park by UOA

UOA Development Bhd

KepongRM183kUnder Construction
sycamore @ KL

UOA Development Bhd

Kuala LumpurRM190kVarious
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Why Consider + Risk Factors

Why Consider

  • Metro Prima MRT access provides excellent connectivity to city centre
  • Kepong location offers established residential area with good amenities
  • Mah Sing Group reputation ensures quality construction and reliability
  • Affordable pricing range attractive for first-time homebuyers and investors
  • Strong capital appreciation potential in growing Klang Valley corridor

Risk Factors

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

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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.