Parkside Residences @ Setia Federal Hill
Powered by verified data + DOSM
Generated 31 May 2026
Developer
—
Location
Bangsar, Kuala Lumpur
Type
Service Residence
Price
RM665k+
Tenure
—
Completion
2030
NewProjek Verdict
- •**Pricing & Value**: Entry price of RM665,000 is competitive for Bangsar's service residence segment, though pricing appears mid-to-premium without clarification on unit sizes, finishes, or amenities; value proposition requires detailed comparison with nearby completed projects to justify the price point.
- •**Location & Connectivity**: Bangsar remains a established residential enclave with good road access and proximity to amenities, but the absence of nearby MRT connectivity is a significant limitation in an era of prioritized public transport; future connectivity improvements are uncertain.
- •**Risk & Timing**: Seven-year completion timeline to 2030 exposes buyers to construction delays, market fluctuations, and extended holding periods; tenure details being unspecified creates additional uncertainty regarding long-term asset value and investment security.
NewProjek Score
6.7
Moderate
- • Developer verification status not confirmed
- • 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
5.4x
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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| M Arisa @ Sentul Mah Sing Group | Sentul | RM338k | Under Construction |
| M Aurora Mah Sing Group | Old Klang Road | RM339k | New Launch |
| Arte Star Arte Corp | Cheras | RM340k | New Launch |
Why Consider
- • Located in Bangsar, Kuala Lumpur
- • By Developer
- • Completion expected 2030
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.