berkeley-uptown by Paramount Property
Powered by verified data + DOSM
Generated 31 May 2026
Developer
PARAMOUNT VENTURE SDN BHD
Location
Kuala Lumpur, Selangor
Type
Condominium/Apartment
Price
RM249k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry price of RM249,000 is competitive for the Uptown market segment, offering accessible pricing for first-time buyers and investors; however, without specified completion date or detailed unit specifications, it is difficult to assess long-term value appreciation relative to comparable developments.
- •**Location & Connectivity**: Situated in Uptown Damansara, a mature commercial and residential hub with established amenities and shopping facilities; proximity to major road networks provides reasonable accessibility, though absence of nearby MRT connectivity may limit appeal to public transport-dependent buyers and could impact future rental demand.
- •**Risk & Timing**: Lack of specified completion timeline presents uncertainty for investors requiring defined project milestones; market timing risk exists given Kuala Lumpur's condominium supply levels, and freehold tenure while advantageous requires confirmation of regulatory and strata management stability.
NewProjek Score
8
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM800–1,100
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
2.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| 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 Selangor
Median Household Income
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Nadi SP Setia | — | RM150k | Recently Completed |
| Nadi 2 SP Setia | — | RM150k | Recently Completed |
| Puteri Oasis, Bungalow Lots @ Bandar Tasik Puteri, Rawang, Selangor Rawang Lakes Sdn Bhd | Rawang | RM156k | New Launch |
Why Consider
- • Freehold tenure ensures long-term ownership security and value retention
- • Paramount Property's established track record in quality residential developments
- • Competitive entry price for Kuala Lumpur condominium investment opportunity
- • Prime Uptown location offers urban lifestyle with accessibility
- • Strong appreciation potential in sought-after central business district
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.