Rumah Selangorku, Pangsapuri Cenderawasih – Camelia
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM220k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM220,000 entry price is competitive for affordable housing in Selangor's market segment, though the absence of tenure specification and completion timeline details limits assessment of true value proposition and potential appreciation.
- •**Location & Connectivity**: Project lacks direct MRT access, which constrains commuting convenience for KL workers; viability depends on proximity to bus terminals, LRT stations, or major roads—factors not detailed in available information.
- •**Risk & Timing**: Incomplete project information (no tenure, no completion date) presents significant due diligence gaps; buyers should verify Rumah Selangorku scheme conditions and developer track record before commitment, as government-assisted housing schemes may carry specific restrictions on resale and occupancy.
NewProjek Score
7.5
Worth Considering
- • Developer verification status not confirmed
- • Priced below area median — potential value opportunity
- • Completed project — no construction risk
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM700–900
Based on similar properties in Selangor
Gross Rental Yield
4.0%–5.0%
Annual rental / property price
Area Price Trend
+8.9%
Verified data 2021–2025
Price-to-Income
1.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | 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
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Rumah Selangorku, Pangsapuri Cenderawasih – Azalia SP Setia | — | RM150k | Completed |
| Sky Curve SP Setia | — | RM180k | Under Construction |
| Triowalk SP Setia | — | RM216k | Under Construction |
Why Consider
- • Affordable entry price in Selangor's growing residential market
- • Developed by reputable SP Setia with proven track record
- • Strategic Selangor location near commercial and employment centres
- • Strong investment potential in high-demand property market
- • First-time homebuyer friendly pricing and government-linked developer
Risk Factors
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.