Property Review

M Sinar @ Southville City

Powered by verified data + DOSM

Generated 8 July 2026

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Executive Summary

Developer

Mah Sing Group

Location

Bangi, Selangor, Selangor

Type

Freehold Serviced Residence

Price

RM270k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM270,000 entry price is competitive for a freehold serviced residence in the Bangi area, offering reasonable affordability relative to similar developments in Selangor, though final value assessment requires comparison with per-unit size and amenities.
  • **Location & Connectivity**: Bangi provides established residential infrastructure and proximity to commercial hubs, but the absence of listed MRT connectivity may limit long-term transit appeal compared to newer developments along major transport corridors, relying instead on road-based commuting.
  • **Risk & Timing**: The project's lack of specified completion timeline presents execution risk and occupancy uncertainty; investors should clarify delivery schedules and obtain confirmed tenure details before commitment, as these factors significantly impact return timelines and legal standing.

NewProjek Score

8

Worth Considering

  • Verified developer with established track record
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM270,000
Selangor MedianRM490,000
Priced 45% below area median

Selangor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

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 SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

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

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Sky Curve

SP Setia

RM180kUnder Construction
TRIO by Setia (Block A)

SP Setia

RM216kCompleted
TRIO by Setia (Block C)

SP Setia

RM216kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Bangi, Selangor, Selangor
  • By Mah Sing Group

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.