Property Review

River Park Bangsar South

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

Location

Bangsar South, Kuala Lumpur

Type

Condominium

Price

RM573k+

Tenure

Leasehold

Completion

2026

NewProjek Verdict

  • **Pricing & Value**: Entry price of RM573,000 positions the project competitively within the mid-range segment for Bangsar South; however, buyers should verify per-square-foot rates against comparable new launches in the area to assess whether pricing reflects current market conditions and post-completion appreciation potential.
  • **Location & Connectivity**: Bangsar South offers established amenities and lifestyle appeal, but the absence of nearby MRT stations may limit long-term connectivity advantages compared to developments along the Klang Valley MRT network, potentially affecting resale demand and tenant appeal for investors.
  • **Risk & Timing**: A 2026 completion timeline carries inherent construction and market timing risks; leasehold tenure beginning from completion means buyers should factor in remaining lease duration relative to financing terms, and confirm whether the developer has a strong track record of on-time project delivery.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM573,000
Kuala Lumpur MedianRM850,000
Priced 33% 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

RM1,900–2,600

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

4.4x

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
M Luna

Mah Sing Group

KepongRM295kCompleted
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Ria Bangsar South

Malton Berhad

Bangsar SouthRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Bangsar South prime location near commercial and retail hub
  • Affordable entry price at RM573,000 for Bangsar area
  • Strategic connectivity to Kuala Lumpur city centre via highways
  • Established neighbourhood with strong rental demand and appreciation potential
  • Modern condominium amenities in vibrant mixed-use development

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold
  • 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.