M Mira @ Wangsa Maju
Powered by verified data + DOSM
Generated 12 October 2026
Developer
Mah Sing Group
Location
Wangsa Maju, Kuala Lumpur
Type
Condominium
Price
RM499k+
Tenure
—
Completion
—
NewProjek Verdict
- •Value & Pricing: Entry price of RM499,000 is competitive for the Kuala Lumpur condominium market, though the absence of specified tenure (freehold/leasehold) and completion date creates valuation uncertainty and limits informed comparison with comparable projects.
- •Location & Connectivity: Wangsa Maju offers established residential infrastructure and commercial amenities, but the lack of nearby MRT connectivity is a notable disadvantage compared to transit-oriented developments, potentially limiting long-term appreciation and tenant appeal.
- •Risk & Timing: Missing project completion timeline and tenure details present material information gaps that obscure execution risk and legal security; buyers should exercise caution until these critical specifications are publicly disclosed by Mah Sing Group.
NewProjek Score
8
Worth Considering
- • Verified developer with established track record
- • 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
RM1,700–2,300
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
3.8x
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 |
|---|---|---|---|
| M Luna Mah Sing Group | Kepong | RM295k | Completed |
| Ria Bangsar South Malton Berhad | Bangsar South | RM300k | New Launch |
| SkyAwani 6 Residences @ Setapak, Kuala Lumpur SkyWorld Development | Setapak | RM300k | New Launch |
Why Consider
- • Strategic Wangsa Maju location with established community infrastructure
- • Competitive RM499,000 price point for Kuala Lumpur condominium
- • Mah Sing Group reputation ensures quality construction standards
- • Proximity to commercial hubs and educational institutions
- • Strong rental and capital appreciation potential in area
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.