Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Damansara, Selangor
Type
Condominium
Price
RM694k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Unit pricing from RM694,000 is positioned at mid-market range for Damansara condominiums, offering reasonable value relative to freehold tenure, though competitiveness depends on built-up area and amenities relative to comparable developments in the locality.
- •**Location & Connectivity**: Situated in established Damansara residential area with good road accessibility via local roads, however proximity to MRT is absent which may limit public transport convenience for commuters; reliance on personal vehicles or buses is necessary for connectivity to major employment centers.
- •**Risk & Timing**: Primary concern is absence of specified completion date, creating uncertainty for buyers regarding occupancy timeline and potential delays; investment timeline and rental income projections cannot be reliably assessed without confirmed delivery schedule.
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 (NAPIC)
| 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%
NAPIC 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 ensures long-term ownership and investment security
- • Prime Damansara location near commercial and retail hubs
- • Established neighbourhood with strong capital appreciation potential
- • Competitive pricing at RM694,000 for modern condominium living
- • Sungai Penchala area offers peaceful residential environment nearby
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
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.