Parkside Residences
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SP Setia
Location
Selangor
Type
Semi-D
Price
RM795k+
Tenure
Leasehold
Completion
2030
NewProjek Verdict
- •**Value & Pricing**: At RM795,000 for a semi-detached unit with 2030 completion, pricing appears competitive for Selangor's mid-range market; however, buyers should conduct comparative analysis with completed or near-completion projects to assess value proposition relative to immediate occupancy alternatives.
- •**Location & Connectivity**: While specific connectivity details are limited, the absence of listed MRT proximity may indicate reliance on road-based transportation; location viability depends on proximity to major highways, employment centres, and amenities—requiring site-specific verification before commitment.
- •**Risk & Timing**: The 2030 completion timeline presents moderate execution risk typical of long-gestation projects, alongside potential interest rate fluctuations and market condition changes over the 6-7 year construction period; SP Setia's track record mitigates developer risk, though extended holding periods should factor construction delays and delayed capital appreciation.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • Priced 45% 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
RM2,500–3,400
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
6.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| 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 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
- • SP Setia reputation ensures quality construction and reliable completion
- • Selangor location offers growing property appreciation potential
- • Strategic positioning for commuters seeking suburban living convenience
- • Developer track record guarantees professional management and maintenance
- • Emerging area with improving infrastructure and accessibility
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • Leasehold tenure may depreciate faster than freehold
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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.