Property Review

Mori Park

Powered by verified data + DOSM

Generated 28 May 2026

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Executive Summary

Developer

Mori Park Development

Location

Shah Alam, Selangor

Type

Serviced Apartment

Price

TBA

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Valuation cannot be properly assessed as pricing details remain unannounced (TBA); prospective buyers should await official price points to benchmark against comparable serviced apartments in Shah Alam before committing.
  • **Location & Connectivity**: Shah Alam offers established infrastructure and commercial activity, though the absence of nearby MRT stations may limit public transport appeal compared to projects along major transit corridors; car dependency or reliance on bus networks should be factored into accessibility assessments.
  • **Risk & Timing Concerns**: Project lacks critical timeline information (completion date unspecified) and tenure details are absent, creating uncertainty around occupancy, financing approval, and holding costs; investors should request these particulars from the developer before proceeding.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

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

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

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

Why Consider + Risk Factors

Why Consider

  • Located in Shah Alam, Selangor
  • By Mori Park Development

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.