📊 Property Review

greenwoods by Paramount Property

Powered by NAPIC + DOSM data

Generated 16 April 2026

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Executive Summary

Developer

PARAMOUNT VENTURE SDN BHD

Location

Kuala Lumpur, Selangor

Type

Condominium/Apartment

Price

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: With pricing to be announced, investors cannot currently assess value proposition relative to comparable developments in the KL market; the freehold tenure is a positive attribute that typically supports long-term appreciation and appeal to both owner-occupiers and investors.
  • **Location & Connectivity**: The absence of nearby MRT connectivity is a notable limitation for a Kuala Lumpur condominium project, potentially reducing appeal to commuters and renters; proximity to other transport modes and commercial amenities requires clarification before evaluating accessibility.
  • **Risk & Timing**: The lack of a specified completion date introduces execution risk and uncertainty for potential purchasers; this information gap, combined with missing pricing details, makes it difficult to assess the project's current stage of development and investment timeline viability.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

Selangor — Median Condo Prices (NAPIC)

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

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704k✅ Yes
RM7,000RM1.0 mil✅ Yes
RM10,000RM1.5 mil✅ Yes
RM15,000RM2.3 mil✅ Yes
RM20,000RM3.2 mil✅ Yes

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

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

✅ Why Consider

  • Located in Kuala Lumpur, Selangor
  • Freehold title property
  • By PARAMOUNT VENTURE SDN BHD

⚠️ 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 NAPIC, 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.