Property Review

Radium Arena (Urban Residences) Old Klang Road

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

Location

Old Klang Road, Kuala Lumpur

Type

Condominium

Price

RM410k+

Tenure

Freehold

Completion

2028

NewProjek Verdict

  • **Pricing & Value**: RM410,000 entry price is competitive for KL residential market, though unit specifications and built-up area comparison with nearby developments would determine actual value proposition; freehold tenure adds long-term appreciation potential.
  • **Location & Connectivity**: Old Klang Road benefits from established commercial proximity and accessibility via major roads, but the absence of nearby MRT connectivity is a significant drawback compared to transit-oriented developments; reliance on personal vehicles or bus networks may limit appeal to car-free commuters.
  • **Risk & Timing**: 2028 completion timeline presents a 4-year holding period with market exposure; buyer should assess developer track record and market conditions; early-stage purchase carries execution and market cycle risks that require careful financial planning.

NewProjek Score

7.7

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM410,000
Kuala Lumpur MedianRM850,000
Priced 52% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,400–1,900

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

3.2x

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 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

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Arte Star

Arte Corp

Sungai BesiRM245kNew Launch
M Luna

Mah Sing Group

KepongRM295kCompleted
Why Consider + Risk Factors

Why Consider

  • Freehold ownership in central Kuala Lumpur location
  • Affordable entry price at RM410,000 for urban living
  • Strategic Old Klang Road position near business districts
  • Strong capital appreciation potential in established area
  • Modern condominium amenities with completion timeline of 2028

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.