Property Review

M Sinar @ Southville City

Powered by verified data + DOSM

Generated 24 May 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

  • **Value & Pricing**: Entry price of RM270,000 positions this project competitively for first-time buyers and investors in the Bangi corridor; however, without specified tenure clarity and completion timeline, price-to-value assessment remains incomplete and should be verified with the developer.
  • **Location & Connectivity**: Bangi offers established residential infrastructure and accessibility via federal routes, though the absence of nearby MRT connectivity limits appeal compared to transit-oriented developments; proximity to universities and commercial centers provides moderate long-term demand fundamentals.
  • **Risk & Timing**: Unspecified completion date introduces delivery risk and potential holding cost uncertainty; investors should clarify construction timeline with Mah Sing Group, as market conditions and interest rates during the holding period could materially impact returns.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • 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

2.3x

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

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Nadi 2

SP Setia

RM150kRecently Completed
Nadi

SP Setia

RM150kRecently Completed
Puteri Oasis, Bungalow Lots @ Bandar Tasik Puteri, Rawang, Selangor

Rawang Lakes Sdn Bhd

RawangRM156kNew Launch
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.