R Suite Chancery Residences, Ampang - 5 km to KLCC
Powered by NAPIC + DOSM data
Generated 30 April 2026
Developer
—
Location
Ampang, Kuala Lumpur
Type
Landed House
Price
RM455k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM455,000 entry price is competitive for freehold landed houses in the Ampang corridor, offering reasonable value relative to comparable developments in the area, though pricing competitiveness should be verified against similar projects with defined completion timelines.
- •**Location & Connectivity**: The 5 km proximity to KLCC provides moderate accessibility to Kuala Lumpur's business hub; however, the absence of nearby MRT stations limits public transport convenience and may impact long-term rental appeal or resale flexibility for non-car dependent buyers.
- •**Risk & Timing**: The unspecified completion date presents a material uncertainty for investment planning and cash flow forecasting; buyers should request clarity on project timeline, as delayed delivery in Malaysia's property market can affect market conditions, financing terms, and opportunity cost recovery.
NewProjek Score
7.5
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (NAPIC)
| 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
RM1,500–2,100
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
NAPIC data 2021–2025
Price-to-Income
3.7x
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 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 Luna Mah Sing Group | Kepong | RM295k | Recently Completed |
| SkyAwani 6 Residences @ Setapak, Kuala Lumpur SkyWorld Development | Setapak | RM300k | New Launch |
| M Nova @ Kepong Mah Sing Group | Kepong | RM318k | New Launch |
Why Consider
- • Excellent connectivity: Only 5km to KLCC business district
- • Freehold tenure ensures long-term ownership and appreciation potential
- • Affordable landed house entry point in Ampang area
- • Strategic Ampang location with established infrastructure and amenities
- • Strong investment potential in growing Kuala Lumpur property market
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 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.