Property Review

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

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Petaling Jaya, Selangor

Type

Condominium

Price

RM429k+

Tenure

Completion

NewProjek Verdict

  • Residensi Suasana @ Damai, Condominium @ Damansara Damai, Petaling Jaya, Selangor by the developer is a Condominium development in Petaling Jaya, Selangor starting from RM429k.
  • With standard tenure, it offers a ready-to-move-in opportunity worth evaluating against comparable projects in the area.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

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

Selangor — Median Condo Prices (NAPIC)

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

RM1,400–1,900

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

3.6x

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 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
Tangerine Suites at Sunsuria City, SepangSepangRM250kNew Launch
Seri Kenanga @ Saujana Perdana, Sungai BulohSungai BulohRM250kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Petaling Jaya, Selangor
  • By Developer

Risk Factors

  • No MRT/LRT station listed nearby — may affect future demand
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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.