Property Review

atwaters-corporate-office-towers 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

RM1.2 mil+

Tenure

Freehold

Completion

2024

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM1.153 million positions this project competitively within mid-range KL office-residential segments, though actual value assessment is constrained by limited transparency on unit specifications, amenities, and comparative pricing relative to nearby developments.
  • **Location & Connectivity**: The Kuala Lumpur location offers urban accessibility, but the absence of nearby MRT connectivity is a notable disadvantage in a market increasingly valuing public transport proximity; reliance on alternative transport modes may impact long-term appeal and tenant/buyer demand.
  • **Risk & Timing**: The non-specified completion timeline presents execution and delivery risk; investors should seek clarity on project phases and timeline before commitment, particularly given current market conditions and potential financing or development delays common in extended-duration projects.

NewProjek Score

6.7

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 135% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,153,000
Selangor MedianRM490,000
Priced 135% 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

RM3,700–5,000

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

9.0x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
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

  • Prime Kuala Lumpur location with strong capital appreciation potential
  • Freehold tenure ensures long-term ownership and asset security
  • Competitive pricing at RM1.15M in KL corporate district
  • Paramount Property's established reputation ensures quality construction standards
  • Corporate office proximity attracts tenants for rental income opportunities

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.