Newton Tower @ 3rdNvenue, Jalan Ampang
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Ampang, Kuala Lumpur
Type
Serviced Apartment
Price
RM1 mil+
Tenure
—
Completion
—
NewProjek Verdict
Newton Tower @ 3rdNvenue, Jalan Ampang by the developer is a Serviced Apartment development in Ampang, Kuala Lumpur starting from RM1 mil. With standard tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.
- • Developer verification status not confirmed
- • Priced 18% above area median
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
RM3,400–4,600
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
NAPIC data 2021–2025
Price-to-Income
8.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | ❌ No |
| RM7,000 | RM1.0 mil | ⚠️ Stretch |
| 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 Kuala Lumpur
Median Household Income
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| TR2 Residence, Titiwangsa, Kuala Lumpur | Titiwangsa | RM516k | New Launch |
| M Aria @ Sentul, KL City Mah Sing Group | JOHOR BAHRU | RM531k | New Launch |
| Curvo Residences, Condominium @ Setapak, Kuala Lumpur | Setapak | RM564k | New Launch |
✅ Why Consider
- • Located in Ampang, Kuala Lumpur
- • By Developer
⚠️ Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — 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.