Property Review

Reineville

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM2.3 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing**: At RM2.25M entry point, Reineville positions itself in the upper-middle residential segment; valuation appears competitive for a SP Setia development, though the lack of tenure clarity and completion timeline limits confident assessment of value retention potential.
  • **Location & Connectivity**: Selangor location offers broad market appeal, but the absence of nearby MRT connectivity is a notable disadvantage for urban commuters; actual accessibility depends on proximity to major highways and alternative public transport, which require verification.
  • **Risk & Timing**: Incomplete disclosure of tenure type and completion date presents material information gaps that complicate investment risk evaluation; potential buyers should obtain these specifications before commitment, as they significantly impact financial planning and holding period returns.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 359% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,250,000
Selangor MedianRM490,000
Priced 359% above area median

Selangor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM7,200–9,700

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

18.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milStretch
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 Selangor

Median Household Income

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • By SP Setia

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.