Property Review

Queensville

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM330k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM330,000 is competitive for Selangor residential market, offering affordability for first-time buyers, though actual value depends on unit size, finishes, and amenities which require further verification.
  • **Location & Connectivity**: Absence of nearby MRT access is a significant limitation; viability depends heavily on proximity to major roads, bus routes, and commercial hubs—location details are insufficient to assess long-term connectivity prospects.
  • **Risk & Timing**: Lack of disclosed completion date and tenure type creates uncertainty; SP Setia's track record is established, but investors should clarify project timeline, payment schemes, and legal documentation before commitment to mitigate financial and regulatory risks.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM330,000
Selangor MedianRM490,000
Priced 33% below area median

Selangor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM1,100–1,400

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

2.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

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

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Sky Curve

SP Setia

RM180kUnder Construction
TRIO by Setia (Block C)

SP Setia

RM216kUnder Construction
TRIO by Setia (Block A)

SP Setia

RM216kUnder Construction
Why Consider + Risk Factors

Why Consider

  • By SP Setia

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.