๐Ÿ“Š Property Intelligence Report

Residensi Suasana @ Damai, Condominium @ Damansara Damai, Petaling Jaya, Selangor

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Petaling Jaya, Selangor

Type

Condominium

Price

RM429k+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Residensi Suasana @ Damai presents an accessible entry-point for property buyers in the established Damansara Damai area with competitive pricing from RM429,000, though prospective investors should note the absence of nearby MRT connectivity, which may impact long-term rental yields and resale appeal. The lack of publicly available information regarding tenure, completion timeline, and developer details raises concerns about transparency and warrants thorough due diligence before commitment. Overall, the project may suit owner-occupiers prioritizing affordability over location accessibility, but investors should carefully evaluate the location's transportation limitations and obtain comprehensive details directly from the developer.

๐ŸŸข LOW RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced below area median โ€” potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM429,000
Selangor MedianRM490,000
Priced 12% below area median

Selangor โ€” Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM1,400โ€“1,900

Based on similar properties in Selangor

Gross Rental Yield

4.0%โ€“5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021โ€“2025

Price-to-Income

3.6x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

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

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Adiwarna, Villament Home (RSKU) @ Banting, SelangorBantingRM245kNew Launch
MIRA at Shorea Park, PuchongPuchongRM250kNew Launch
MKH Boulevard II @ KajangKajangRM250kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Petaling Jaya, Selangor
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

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