R Suite Chancery Residences, Ampang - 5 km to KLCC
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Ampang, Kuala Lumpur
Type
Landed House
Price
RM455k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing at RM455,000 offers affordability for first-time buyers in the landed house segment, though pricing competitiveness relative to similar Ampang developments requires comparative market analysis to validate value proposition.
- •**Location & Connectivity**: Ampang's 5 km proximity to KLCC provides reasonable access to Kuala Lumpur's commercial hub via road, but the absence of nearby MRT connectivity limits public transport convenience and may impact long-term accessibility compared to transit-oriented developments.
- •**Risk & Timing**: Unspecified completion timeline introduces execution risk and uncertainty for buyers; clarity on development schedule is essential to assess project viability, while market absorption rates in Ampang should be evaluated given current property demand cycles.
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 (Verified)
| 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%
Verified 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 |
|---|---|---|---|
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
| Arte Star Arte Corp | Sungai Besi | RM245k | New Launch |
| M Luna Mah Sing Group | Kepong | RM295k | Recently Completed |
Why Consider
- • Freehold landed house offers strong long-term ownership value
- • Close proximity to KLCC business hub, just 5km
- • Ampang location provides established residential infrastructure and amenities
- • Affordable entry price for landed property in KL
- • Strategic position between city centre and suburban living
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.