Park One @ Melawati
Powered by verified data + DOSM
Generated 17 July 2026
Developer
Sime Darby Property
Location
Melawati, Kuala Lumpur
Type
Landed House
Price
RM760k+
Tenure
Freehold
Completion
2025
NewProjek Verdict
- •**Value & Pricing**: Park One @ Melawati offers competitive entry-level pricing from RM760,000 for freehold landed houses in Kuala Lumpur, representing reasonable value for the asset class, though pricing should be benchmarked against comparable freehold developments in adjacent suburbs for validation.
- •**Location & Connectivity**: Melawati's lack of direct MRT connectivity is a notable limitation; however, the location benefits from proximity to the Klang Valley highway network and established residential infrastructure, making it suitable primarily for car-dependent buyers or those with flexible commuting patterns.
- •**Risk & Timing**: The 2025 completion timeline presents moderate execution risk typical of ongoing developments; buyers should verify construction progress and developer track record, while the current market cycle suggests adequate absorption risk mitigation given Sime Darby Property's established reputation, though economic conditions may affect resale velocity post-completion.
NewProjek Score
8.7
Strong Buy Signal
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced in line with area median
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
RM2,600–3,500
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
Verified data 2021–2025
Price-to-Income
5.9x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| 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 Kuala Lumpur
Median Household Income
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| M Azura Mah Sing Group | Setapak | RM381k | Under Construction |
| aster-green-residence @ KL UOA Development Bhd | Kuala Lumpur | RM389k | Completed |
| SkyAwani PRIMA Residences, Serviced Apartment @ Brickfields, Kuala Lumpur SkyWorld Development | Brickfields | RM390k | New Launch |
Why Consider
- • Established Melawati neighbourhood with strong community infrastructure
- • Reputable Sime Darby Property developer ensures quality construction
- • Freehold tenure provides long-term ownership and appreciation
- • Competitive RM760k price point for landed houses
- • Strategic location near shopping, schools, and amenities
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.