Parkside Residences @ Setia Federal Hill
Powered by verified data + DOSM
Generated 15 July 2026
Developer
—
Location
Bangsar, Kuala Lumpur
Type
Service Residence
Price
RM665k+
Tenure
Leasehold
Completion
2030
NewProjek Verdict
- •**Value & Pricing**: At RM665,000 entry price for a service residence in Bangsar, the project offers mid-range positioning for the established locality; pricing appears competitive relative to comparable service apartments in the area, though long-term appreciation potential depends on final specifications and amenities relative to market standards.
- •**Location & Connectivity**: Bangsar is a mature, well-established residential and commercial hub with good road infrastructure and proximity to amenities; however, the absence of nearby MRT connectivity is a notable limitation in an era of increasing public transport prioritization, potentially impacting long-term rental yield and buyer appeal compared to MRT-adjacent developments.
- •**Risk & Timing**: The 2030 completion timeline presents extended construction duration with associated delivery and cost inflation risks; leasehold tenure also introduces depreciation considerations as the lease term reduces over time, and buyers should verify remaining tenure post-completion to assess long-term asset
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • Priced below area median — potential value opportunity
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
RM2,300–3,100
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
5.1x
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 Arisa @ Sentul Mah Sing Group | Sentul | RM338k | Completed |
| M Aurora Mah Sing Group | Old Klang Road | RM339k | New Launch |
| Icon Residence @ Mont Kiara Mah Sing Group | Mont Kiara | RM350k | Completed |
Why Consider
- • Located in Bangsar, Kuala Lumpur
- • Leasehold title property
- • By Developer
- • Completion expected 2030
Risk Factors
- • Under construction — completion delays are possible
- • Leasehold tenure may depreciate faster than freehold
- • 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.