Papyrus North Kiara
Powered by verified data + DOSM
Generated 15 July 2026
Developer
—
Location
Mont Kiara, Kuala Lumpur
Type
Apartment
Price
RM868k+
Tenure
Freehold
Completion
2028
NewProjek Verdict
- •**Pricing & Value**: At RM868,000 entry point with 2028 completion, the project offers mid-range positioning for Mont Kiara's established residential market; however, buyers should verify pricing competitiveness against comparable freehold units in the vicinity, as Mont Kiara commands premium valuations.
- •**Location & Connectivity**: Mont Kiara benefits from established infrastructure and proximity to commercial hubs, shopping centers, and international schools, though the absence of nearby MRT connectivity is a notable limitation compared to newer developments along Klang Valley's transit corridors, potentially affecting long-term accessibility and resale appeal.
- •**Risk & Timing**: The 2028 completion timeline presents moderate execution risk spanning approximately 4 years; buyers should assess developer track record and financial stability, and consider that market conditions and property values may shift significantly by completion, particularly if broader economic or interest rate changes occur.
NewProjek Score
7.2
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced in line with 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
RM3,000–4,000
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
6.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Yes |
| 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
- • Freehold tenure in prestigious Mont Kiara neighbourhood
- • Strategic location in established business district
- • Competitive pricing at RM868,000 entry point
- • Strong rental demand in Mont Kiara area
- • Quality development with 2028 completion timeline
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.