Property Review

NusaCinta Phase 2 – Kismetee 幸福

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM383k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry-level pricing at RM383,000 is competitive for Selangor residential units, offering accessible affordability; however, value assessment is limited without clarity on unit size, specifications, and comparable market rates in the immediate vicinity.
  • **Location & Connectivity**: The absence of nearby MRT connectivity is a notable drawback for commuters; viability depends on proximity to major roads, bus routes, and commercial centers—factors not detailed in available information, making long-term accessibility difficult to evaluate.
  • **Risk & Timing**: Unspecified tenure and completion timeline present material risks for buyers regarding financing clarity and delivery certainty; investors should seek explicit details on these terms before commitment, as delayed completions and tenure issues are recurring concerns in Malaysian property development.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM383,000
Selangor MedianRM490,000
Priced 22% below 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

RM1,200–1,700

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

3.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Triowalk

SP Setia

RM216kUnder Construction
TRIO by Setia (Block A)

SP Setia

RM216kUnder Construction
TRIO by Setia (Block B)

SP Setia

RM216kUnder Construction
Why Consider + Risk Factors

Why Consider

  • By SP Setia

Risk Factors

  • Under construction — completion delays are possible
  • No MRT/LRT station listed nearby — may affect future demand

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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.