Property Review

the-ashwood 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

RM1.6 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: The RM1.614 million entry price positions The Ashwood in the mid-to-premium segment; valuation appears reasonable for a freehold condominium in Kuala Lumpur, though competitive analysis against comparable properties in similar price brackets would be needed to confirm value proposition.
  • **Location & Connectivity**: Absence of nearby MRT access is a notable disadvantage in an increasingly transit-oriented Kuala Lumpur market; connectivity depends on alternative transport modes and proximity to major roads, which requires verification of the specific Kuala Lumpur location to assess overall accessibility.
  • **Risk & Timing**: The unspecified completion date presents a material risk for investors regarding project delivery timelines and potential cost escalations; Paramount Property's track record should be evaluated, and clarification on development stage and expected handover is essential before commitment.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 229% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,614,000
Selangor MedianRM490,000
Priced 229% 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

RM5,100–7,000

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

12.5x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milStretch
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 in prime Kuala Lumpur location
  • Established developer Paramount Property with strong track record
  • Strategic Selangor position with excellent connectivity potential
  • Competitive pricing for upscale condominium investment opportunity
  • Strong capital appreciation potential in developing area

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.