Myra Cove @ Cyberjaya
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
โ
Location
Cyberjaya, Selangor
Type
Condominium
Price
RM455k+
Tenure
Freehold
Completion
โ
NewProjek Verdict
Myra Cove @ Cyberjaya presents a competitively priced entry-level condominium option in the established Cyberjaya business hub, offering freehold tenure which appeals to long-term investors and owner-occupiers. However, the lack of MRT connectivity and unspecified completion timeline present notable considerations for buyers prioritizing accessibility and project certainty. Prospective purchasers should conduct thorough due diligence on the developer's track record and request clarification on delivery schedules before committing to purchase.
- โข Developer verification status not confirmed
- โข Freehold tenure provides long-term ownership security
- โข Priced in line with area median
Is this project priced fairly?
Selangor โ Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | โ |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM1,500โ2,000
Based on similar properties in Selangor
Gross Rental Yield
4.0%โ5.0%
Annual rental / property price
Area Price Trend
+8.9%
NAPIC data 2021โ2025
Price-to-Income
3.8x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | โ Yes |
| RM7,000 | RM1.0 mil | โ Yes |
| RM10,000 | RM1.5 mil | โ Yes |
| RM15,000 | RM2.3 mil | โ Yes |
| RM20,000 | RM3.2 mil | โ 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 |
|---|---|---|---|
| Adiwarna, Villament Home (RSKU) @ Banting, Selangor | Banting | RM245k | New Launch |
| MKH Boulevard II @ Kajang | Kajang | RM250k | New Launch |
| MIRA at Shorea Park, Puchong | Puchong | RM250k | New Launch |
โ Why Consider
- โข Located in Cyberjaya, Selangor
- โข Freehold title property
- โข By Developer
โ ๏ธ Risk Factors
- โข Under construction โ completion delays are possible
- โข No MRT/LRT station listed nearby โ may affect future demand
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.