Property Review

River Park Bangsar South by Malton Berhad

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Malton Berhad

Location

Bangsar South, Selangor

Type

Condominium

Price

RM720k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM720,000 entry price is competitive for the Bangsar South micro-market; however, leasehold tenure and absence of specified completion timeline present valuation uncertainty and potential for extended holding periods that may impact long-term appreciation.
  • **Location & Connectivity**: Bangsar South offers established amenities and proximity to commercial hubs, but the absence of nearby MRT connectivity limits public transportation options compared to competitors in similar price segments, potentially affecting rental yield and buyer appeal.
  • **Risk & Timing**: Developer Malton Berhad has an established track record, mitigating execution risk; however, the unspecified completion date introduces timing uncertainty that could delay occupancy, affect financing terms, and complicate investment planning for purchasers.

NewProjek Score

6.3

Moderate

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced 47% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM720,000
Selangor MedianRM490,000
Priced 47% above 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

RM2,300–3,100

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

6.0x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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

Why Consider + Risk Factors

Why Consider

  • Located in Bangsar South, Selangor
  • Leasehold title property
  • By Malton Berhad

Risk Factors

  • Premium pricing relative to area median may limit resale upside
  • 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 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.