Property Review

Sandrea

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM1 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM1,000,000 entry point positions Sandrea in the upper-middle market segment; competitiveness depends on unit size and finishes, requiring comparison with similar SP Setia developments and competing Selangor projects in this price range.
  • **Location & Connectivity**: Selangor location lacks listed MRT proximity, suggesting reliance on car-dependent connectivity; accessibility will be contingent on proximity to major highways and future transport infrastructure in the specific sub-location.
  • **Risk & Timing**: Absence of specified completion timeline and tenure details introduces uncertainty for investment planning and financing; recommend clarifying these fundamentals before commitment, particularly given typical construction timelines for developments at this price point.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 104% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,000,000
Selangor MedianRM490,000
Priced 104% above area median

Selangor — Median Condo Prices (Verified)

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

RM3,200–4,300

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

7.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milStretch
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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • By SP Setia

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.