berkeley-uptown by Paramount Property
Powered by verified data + DOSM
Generated 15 July 2026
Developer
PARAMOUNT VENTURE SDN BHD
Location
Kuala Lumpur, Selangor
Type
Condominium/Apartment
Price
RM249k+
Tenure
Freehold
Completion
2028
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM249,000 offers accessibility for first-time buyers, though unit specifications and psf rates require verification against comparable freehold developments in the vicinity to assess true value proposition.
- •**Location & Connectivity**: Uptown location provides urban accessibility and amenities, but absence of nearby MRT connectivity may limit long-term appeal and rental yield compared to transit-oriented alternatives, relying instead on road networks and future infrastructure plans.
- •**Risk & Timing**: Unspecified completion date presents uncertainty for investors regarding cash flow timelines and market conditions; due diligence on developer track record (Paramount Venture) and construction progress updates is essential before commitment.
NewProjek Score
8.2
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
1.9x
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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Sky Curve SP Setia | — | RM180k | Under Construction |
| TRIO by Setia (Block A) SP Setia | — | RM216k | Completed |
| TRIO by Setia (Block B) SP Setia | — | RM216k | Completed |
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.