Newton Tower @ 3rdNvenue, Jalan Ampang
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Ampang, Kuala Lumpur
Type
Serviced Apartment
Price
RM1 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM1 million entry point for a serviced apartment in Ampang, the pricing is competitive for the mid-tier market, though without specified tenure details, investors should clarify freehold versus leasehold status to accurately assess long-term value retention.
- •**Location & Connectivity**: Ampang offers established commercial and residential infrastructure with good road access via Jalan Ampang; however, the absence of nearby MRT connectivity limits public transport convenience and may impact rental demand compared to properties near rapid transit hubs.
- •**Risk & Timing**: The lack of specified completion date creates uncertainty for investment returns and occupancy timelines; buyers should request clear project milestones and demand guarantees, as prolonged construction delays are a notable risk factor in the current Malaysian property market.
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 (Verified)
| 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%
Verified data 2021–2025
Price-to-Income
7.7x
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
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
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 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.