Property Review

Matterport 3D by Paramount Property

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

PARAMOUNT VENTURE SDN BHD

Location

Kuala Lumpur, Selangor

Type

Condominium/Apartment

Price

RM888k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Without specified pricing details, assessment is limited; however, freehold tenure provides long-term ownership value, though final pricing competitiveness cannot be determined until official launch figures are released.
  • **Location & Connectivity**: Kuala Lumpur positioning offers urban appeal, but the absence of nearby MRT connectivity is a significant drawback compared to transit-oriented developments, potentially limiting accessibility and long-term appreciation for commuter-focused buyers.
  • **Risk & Timing**: Incomplete project specifications including unconfirmed completion timeline and vague pricing structure present investment uncertainties; prospective buyers should await detailed marketing materials and realistic delivery schedules before committing capital.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 81% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM888,000
Selangor MedianRM490,000
Priced 81% above 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

RM2,800–3,800

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

6.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Freehold tenure offers long-term ownership security and appreciation potential
  • Prime Kuala Lumpur location in Selangor for urban convenience
  • Paramount Venture's established reputation ensures quality construction and delivery
  • Strategic position near major commercial and residential developments
  • Strong investment potential in high-demand metropolitan real estate market

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.