M Nova @ Kepong
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
Mah Sing Group
Location
Kepong, Kuala Lumpur
Type
Condominium/Apartment
Price
RM318k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM318,000 offers moderate affordability for first-time buyers in the Kepong area, though pricing competitiveness depends on unit size, finishes, and comparison with nearby alternatives; lack of tenure and completion timeline details limits full valuation assessment.
- •**Location & Connectivity**: Kepong provides established residential infrastructure and moderate accessibility to central KL, but the absence of nearby MRT connectivity is a notable limitation that may reduce long-term appreciation potential and daily convenience compared to transit-oriented developments.
- •**Risk & Timing**: Key project details including land tenure, expected completion date, and unit specifications are not disclosed, creating uncertainty for investment planning; buyers should seek clarification on these fundamentals before committing, as delayed completions and unclear timelines are risks in the Malaysian property market.
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 (NAPIC)
| 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%
NAPIC data 2021–2025
Price-to-Income
2.6x
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 |
|---|---|---|---|
| M Luna Mah Sing Group | Kepong | RM295k | Recently Completed |
| SkyAwani 6 Residences @ Setapak, Kuala Lumpur SkyWorld Development | Setapak | RM300k | New Launch |
| M Aurora @ Old Klang Road Mah Sing Group | Old Klang Road | RM339k | — |
Why Consider
- • Kepong location offers affordability in established KL area
- • Mah Sing Group reputation ensures quality construction standards
- • Strategic position near commercial hubs and amenities
- • Competitive entry price for property investment opportunity
- • Strong rental demand potential in growing neighbourhood
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.