M Nova @ Kepong
Powered by verified data + DOSM
Generated 14 June 2026
Developer
Mah Sing Group
Location
Kepong, Kuala Lumpur
Type
Condominium/Apartment
Price
RM328k+
Tenure
Leasehold
Completion
2028
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM328,000 is competitive for the Kepong market and offers affordable accessibility; however, investors should verify per-square-foot rates against comparable leasehold projects in the vicinity, as leasehold tenure (vs. freehold) may impact long-term appreciation potential.
- •**Location & Connectivity**: Kepong provides established residential infrastructure and accessibility via major roads, but the absence of nearby MRT connectivity limits public transport convenience compared to newer developments along the MRT network, potentially affecting rental yield and buyer appeal.
- •**Risk & Timing**: Extended 2028 completion timeline introduces construction and market timing risks; buyers should assess their risk tolerance for property delivery delays and market conditions in 5+ years, while also considering leasehold expiry implications closer to the tenure end.
NewProjek Score
8.5
Strong Buy Signal
- • Verified developer with established track record
- • Leasehold tenure — check remaining lease years
- • 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
RM1,100–1,500
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
2.7x
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 |
|---|---|---|---|
| Leederville Business Park by UOA UOA Development Bhd | Kepong | RM183k | Under Construction |
| sycamore @ KL UOA Development Bhd | Kuala Lumpur | RM190k | Various |
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
Why Consider
- • Kepong location offers established residential neighbourhood with amenities
- • Mah Sing Group reputation ensures quality construction and completion
- • Competitive RM328k entry price for Kuala Lumpur property
- • Strategic accessibility to Kepong commercial hub and schools
- • Strong rental demand potential in established area neighbourhood
Risk Factors
- • Under construction — completion delays are possible
- • Leasehold tenure may depreciate faster than freehold
- • 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.