M Sinar @ Southville City
Powered by verified data + DOSM
Generated 14 June 2026
Developer
Mah Sing Group
Location
Southville, Selangor
Type
Serviced Apartment
Price
RM270k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM270,000 entry price is competitive for serviced apartments in the Klang Valley, though actual value depends on unit size and amenities; pricing appears aligned with mid-range market standards but requires comparison with nearby projects for definitive assessment.
- •**Location & Connectivity**: Southville City offers suburban accessibility with road networks to major areas, but the absence of nearby MRT connectivity is a notable limitation; reliance on private vehicles or buses may reduce appeal compared to transit-oriented developments.
- •**Risk & Timing**: No specified completion date presents uncertainty for investors regarding occupancy timelines and cash flow projections; buyers should seek clarification on development phases and obtain realistic completion estimates before committing capital.
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
2.3x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Sky Curve SP Setia | — | RM180k | Under Construction |
| Triowalk SP Setia | — | RM216k | Under Construction |
| TRIO by Setia (Block A) SP Setia | — | RM216k | Under Construction |
Why Consider
- • Established developer Mah Sing Group with proven track record
- • Freehold tenure ensures long-term ownership and asset appreciation
- • Affordable entry price at RM270,000 for serviced apartment
- • Located in Southville City, established mixed development township
- • Strong investment potential in growing Selangor suburban 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.