Queensville
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM330k+
Tenure
Leasehold
Completion
2016
NewProjek Verdict
- •**Value & Pricing**: RM330,000 entry price is competitive for Selangor residential market, offering accessible affordability, though lacking tenure specification and completion timeline raises questions about true value proposition and potential hidden costs.
- •**Location & Connectivity**: Selangor location provides general accessibility but absence of nearby MRT limits public transport advantages; connectivity depends heavily on proximity to highways and local amenities, which require verification for commuter convenience.
- •**Risk & Timing**: Incomplete project information (no tenure type, no completion date) presents material risks; buyers should exercise caution until full specifications are disclosed, as uncertainty on freehold/leasehold status and delivery timeline could significantly impact investment returns.
NewProjek Score
7.5
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?
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
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
2.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| 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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Sky Curve SP Setia | — | RM180k | Under Construction |
| TRIO by Setia (Block C) SP Setia | — | RM216k | Completed |
| TRIO by Setia (Block A) SP Setia | — | RM216k | Completed |
Why Consider
- • Leasehold title property
- • By SP Setia
- • Completion expected 2016
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.