Property Review

Parkside Residences

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

TBA

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: With pricing yet to be announced, prospective buyers cannot currently assess competitiveness; however, SP Setia's track record suggests market-aligned positioning, though final value depends heavily on unit specifications and included facilities once revealed.
  • **Location & Connectivity**: Selangor's broad geography means connectivity varies significantly; the absence of listed MRT proximity suggests reliance on private transport or bus services, potentially limiting appeal to public transit-dependent buyers unless the specific subzone offers strong road access to employment centers.
  • **Risk & Timing**: Undisclosed tenure type and completion timeline introduce material uncertainty for investment planning; buyers should clarify whether this is Freehold/Leasehold and obtain realistic delivery schedules before commitment, as these factors critically affect long-term value retention.

NewProjek Score

7

Worth Considering

  • Verified developer with established track record
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?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
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

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

  • SP Setia's track record ensures quality construction and reliable completion
  • Selangor location offers strategic access to major employment centres
  • Residential development with strong appreciation potential in growing area
  • Established developer provides peace of mind for property investment
  • Prime location balances urban convenience with suburban tranquility appeal

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.