Residensi Suasana @ Damai, Condominium @ Damansara Damai, Petaling Jaya, Selangor
Powered by NAPIC + DOSM data
Generated 15 March 2026
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.
- โข Developer verification status not confirmed
- โข Priced below area median โ potential value opportunity
Is this project priced fairly?
Selangor โ Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | โ |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM1,400โ1,900
Based on similar properties in Selangor
Gross Rental Yield
4.0%โ5.0%
Annual rental / property price
Area Price Trend
+8.9%
NAPIC data 2021โ2025
Price-to-Income
3.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | โ Yes |
| RM7,000 | RM1.0 mil | โ Yes |
| RM10,000 | RM1.5 mil | โ Yes |
| RM15,000 | RM2.3 mil | โ Yes |
| RM20,000 | RM3.2 mil | โ Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Adiwarna, Villament Home (RSKU) @ Banting, Selangor | Banting | RM245k | New Launch |
| MIRA at Shorea Park, Puchong | Puchong | RM250k | New Launch |
| MKH Boulevard II @ Kajang | Kajang | RM250k | New Launch |
โ Why Consider
- โข Located in Petaling Jaya, Selangor
- โข By Developer
โ ๏ธ Risk Factors
- โข Under construction โ completion delays are possible
- โข 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.