Property Review

River Park Bangsar South

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

Location

Bangsar South, Kuala Lumpur

Type

Condominium

Price

RM573k+

Tenure

Completion

2026

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM573,000 is competitive for the Bangsar South market, though without specified unit sizes or tenure details, price-to-value assessment remains unclear and should be verified against comparable developments in the vicinity.
  • **Location & Connectivity**: While Bangsar South offers established infrastructure and proximity to commercial hubs, the absence of direct MRT connectivity is a notable drawback compared to newer developments, though the area remains accessible via bus networks and is within reasonable distance of KL Sentral.
  • **Risk & Timing**: Completion in 2026 presents a 2-3 year construction period with typical development risks; buyers should confirm the developer's track record and financial stability, and note that market conditions and interest rates may shift significantly before project delivery.

NewProjek Score

6.7

Moderate

  • Developer verification status not confirmed
  • 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

4.7x

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

RM10,234/mo

DOSM 2022

Mean Household Income

RM13,325/mo

DOSM 2022

Households Above RM8k

~58%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
M Luna

Mah Sing Group

KepongRM295kRecently Completed
Ria Bangsar SouthBangsar SouthRM300kNew Launch
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Bangsar South, Kuala Lumpur
  • By Developer
  • Completion expected 2026

Risk Factors

  • Under construction — completion delays are possible
  • 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.