the-ashwood 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
RM1.6 mil+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Unit pricing from RM1.614 million is positioned in the mid-to-premium segment for Kuala Lumpur; valuation appears reasonable for freehold condominiums in the area, though competitiveness depends on unit size, finishes, and comparable nearby projects.
- •**Location & Connectivity**: The Kuala Lumpur location provides urban accessibility; however, the absence of nearby MRT connectivity is a notable limitation that may reduce appeal for public transport-dependent buyers and could impact long-term rental demand and property appreciation.
- •**Risk & Timing**: Unspecified completion date introduces uncertainty regarding delivery timelines and market conditions at handover; investors should clarify expected completion with the developer, as delays could affect occupancy plans and market entry timing in a competitive KL property landscape.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 229% above area median — premium pricing
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
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
13.5x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | Stretch |
| 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
Why Consider
- • Freehold tenure in prime Kuala Lumpur location
- • Reputable Paramount Property developer with established track record
- • Strategic positioning in Selangor's growing property market
- • Potential for strong capital appreciation in area
- • Modern condominium offering contemporary urban living standards
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.