Property Review

Mutiara Lake Puchong

Powered by verified data + DOSM

Generated 24 June 2026

← Back to listing
Executive Summary

Developer

Malton Berhad

Location

Mutiara Puchong, Selangor

Type

Condominium

Price

RM636k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM636,000 entry price is competitively positioned for the Puchong mid-range segment; however, affordability must be weighed against modest unit sizes typical of this price tier, and leasehold tenure (versus freehold) may impact long-term appreciation and resale demand.
  • **Location & Connectivity**: Mutiara Puchong offers good accessibility via major roads and proximity to established commercial hubs, but the absence of nearby MRT connectivity limits public transport convenience compared to newer developments along rail corridors, making car dependency a consideration for residents.
  • **Risk & Timing**: Completion timeline is not specified, creating uncertainty regarding possession and occupancy dates; investors should clarify developer track record and completion history, as Malton Berhad's project delivery performance will directly affect investment returns and rental yield timelines.

NewProjek Score

7.1

Worth Considering

  • Verified developer with established track record
  • Leasehold tenure — check remaining lease years
  • Priced 30% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM636,000
Selangor MedianRM490,000
Priced 30% above 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

RM2,000–2,700

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

5.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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

  • Established developer Malton Berhad with proven track record
  • Strategic Puchong location near major business and commercial hubs
  • Affordable entry price for Selangor condominium investment opportunity
  • Lakeside living with recreational amenities in mature township
  • Strong rental demand potential in growing Puchong area

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • Leasehold tenure may depreciate faster than freehold

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.