Newton Tower @ 3rdNvenue, Jalan Ampang
Powered by NAPIC + DOSM data
Generated 30 April 2026
Developer
—
Location
Ampang, Kuala Lumpur
Type
Serviced Apartment
Price
RM1 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry point at RM1 million is competitive for serviced apartments in the Ampang corridor, though the lack of tenure clarity and unspecified completion date create uncertainty around long-term asset appreciation and rental yield projections.
- •**Location & Connectivity**: While Ampang offers established residential infrastructure and proximity to business districts, the absence of nearby MRT connectivity is a significant disadvantage compared to newer developments along major transit lines, potentially limiting tenant demand and liquidity.
- •**Risk & Timing**: Critical information gaps—including unspecified completion timeline and missing tenure details—present material risks for investors; project viability should only be assessed after obtaining developer clarifications on these fundamental factors and realistic delivery schedules.
NewProjek Score
5.3
Moderate
- • 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 |
| Curvo Residences, Condominium @ Setapak, Kuala Lumpur | Setapak | RM564k | New Launch |
| Quaver Residence @ Sungai Besi, Kuala Lumpur | Sungai Besi | RM580k | 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
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 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.