Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Damansara, Selangor
Type
Condominium
Price
RM694k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Units starting from RM694,000 offer competitive pricing for the Damansara market, though per-square-foot value requires comparison with nearby developments; freehold tenure provides long-term ownership security and appeals to end-users and investors alike.
- •**Location & Connectivity**: The Sungai Penchala address benefits from proximity to established residential areas and commercial hubs within Damansara, but the absence of nearby MRT connectivity is a notable drawback for public transport-dependent buyers; reliance on road networks and future connectivity improvements remains uncertain.
- •**Risk & Timing**: The lack of a specified completion date creates uncertainty regarding delivery timelines and occupancy risk, potentially impacting investment returns; market timing should consider broader Damansara property cycles and dependent infrastructure developments.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 42% 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
RM2,200–3,000
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
5.8x
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 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
- • Freehold tenure in established Damansara neighbourhood
- • Affordable entry price for condominium investment
- • Prime location near Sungai Penchala recreational area
- • Strategic position in growing Selangor property market
- • Potential capital appreciation in developed suburb
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • 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.