MIRA at Shorea Park, Puchong
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Puchong, Selangor
Type
Serviced Apartment
Price
RM250k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry-level pricing at RM250,000 is competitive for serviced apartments in Puchong, though value proposition depends on unit size, amenities, and rental yield potential—typical serviced apartment yields in this location range 4-6% annually.
- •**Location & Connectivity**: Puchong offers established residential infrastructure and commercial proximity, but the absence of nearby MRT connectivity limits accessibility compared to transit-oriented developments; reliance on personal vehicles or bus networks may restrict appeal to transit-dependent buyers.
- •**Risk & Timing**: Unspecified completion timeline presents execution risk and extends holding period before occupancy or rental income generation; this ambiguity warrants clarification with the developer before commitment, particularly in a market where delayed projects are not uncommon.
NewProjek Score
7.5
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Selangor — Median Condo Prices (NAPIC)
| 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
RM800–1,100
Based on similar properties in Selangor
Gross Rental Yield
4.0%–5.0%
Annual rental / property price
Area Price Trend
+8.9%
NAPIC 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
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 |
|---|---|---|---|
| Puteri Oasis, Bungalow Lots @ Bandar Tasik Puteri, Rawang, Selangor | Rawang | RM156k | New Launch |
| Seri Seraya @ Puncak Bestari, Puncak Alam | Affordable Homes | Puncak Alam | RM205k | Completed |
| Adiwarna, Villament Home (RSKU) @ Banting, Selangor | Banting | RM245k | New Launch |
Why Consider
- • Puchong location offers excellent value for budget-conscious buyers
- • Freehold tenure provides long-term ownership and asset appreciation
- • Serviced apartment amenities ideal for modern urban lifestyle
- • Affordable entry point at RM250,000 for property investment
- • Established neighbourhood with mature infrastructure and community facilities
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.