M Sinar @ Southville City
Powered by verified data + DOSM
Generated 29 July 2026
Developer
Mah Sing Group
Location
Southville, Selangor
Type
Serviced Apartment
Price
RM270k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry price of RM270,000 is competitive for serviced apartments in the Klang Valley market, though unit sizes and amenities should be verified against comparable projects to assess whether pricing reflects genuine value or market positioning.
- •**Location & Connectivity**: Southville City's established township status provides retail and lifestyle amenities, but the absence of nearby MRT connectivity limits appeal for commuters relying on public transport; proximity to major highways and future connectivity plans warrant clarification before purchase.
- •**Risk & Timing**: Unspecified completion date presents a notable risk for investors or end-users dependent on project timelines; Mah Sing Group's track record is established, but extended development cycles and potential delays should be factored into financial planning and holding costs.
NewProjek Score
9
Strong Buy Signal
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM900–1,200
Based on similar properties in Selangor
Gross Rental Yield
4.0%–5.0%
Annual rental / property price
Area Price Trend
+8.9%
Verified data 2021–2025
Price-to-Income
2.1x
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 Selangor
Median Household Income
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Rumah Selangorku, Pangsapuri Cenderawasih – Azalia SP Setia | — | RM150k | Completed |
| Sky Curve SP Setia | — | RM180k | Under Construction |
| TRIO by Setia (Block C) SP Setia | — | RM216k | Completed |
Why Consider
- • Established developer Mah Sing Group ensures quality construction standards
- • Freehold tenure provides long-term ownership security and appreciation
- • Affordable entry price at RM270,000 for serviced apartment
- • Located in Southville City integrated township with amenities
- • Strong rental demand potential in growing Selangor market
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.