R Suite Chancery Residences, Ampang - 5 km to KLCC
Powered by verified data + DOSM
Generated 29 July 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 for the property type, though pricing competitiveness depends on size, finishes, and comparable nearby projects.
- •**Location & Connectivity**: While situated 5 km from KLCC, the property lacks direct MRT access, relying on car-dependent connectivity; proximity to Ampang's established commercial zones provides convenience but limits public transport options for commuters.
- •**Risk & Timing**: The absence of a specified completion timeline presents execution risk and potential delays in possession; buyers should clarify delivery schedules with the developer before commitment, particularly given the importance of timeline certainty in property investments.
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
3.5x
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
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
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 | Completed |
Why Consider
- • Only 5 km to KLCC, excellent for commuters
- • Freehold tenure ensures long-term property ownership security
- • Ampang location offers strong rental and resale potential
- • Affordable landed house entry point in growing area
- • Strategic connectivity to Kuala Lumpur business district
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.