Property Review

Serasi Residences @ Putra Heights

Powered by verified data + DOSM

Generated 17 July 2026

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Executive Summary

Developer

Sime Darby Property

Location

Putra Heights, Selangor

Type

Landed House

Price

RM250k+

Tenure

Freehold

Completion

2026

NewProjek Verdict

  • **Pricing & Value**: At RM250,000 entry price for landed houses in Putra Heights, the project offers competitive positioning for the mid-range market segment, though value assessment depends on unit size and finishes relative to comparable developments in the same locality.
  • **Location & Connectivity**: Putra Heights benefits from established infrastructure and proximity to major commercial hubs, though the absence of nearby MRT connectivity may limit appeal for commuters reliant on public transport and could impact long-term appreciation potential.
  • **Risk & Timing**: The 2026 completion timeline presents moderate execution risk typical of a 3-4 year development cycle, and market absorption rates will depend on economic conditions and interest rate movements during launch and sales phases, which warrant monitoring given current market volatility.

NewProjek Score

9.2

Strong Buy Signal

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM250,000
Selangor MedianRM550,000
Priced 55% below 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

RM800–1,100

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

1.9x

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 Selangor

Median Household Income

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Sky Curve

SP Setia

RM180kUnder Construction
TRIO by Setia (Block A)

SP Setia

RM216kCompleted
TRIO by Setia (Block C)

SP Setia

RM216kCompleted
Why Consider + Risk Factors

Why Consider

  • Affordable freehold landed house at RM250,000 entry price
  • Reputable Sime Darby Property developer ensures quality construction
  • Putra Heights established suburb with strong appreciation potential
  • Spacious landed property ideal for families and investors
  • Growing area with improving infrastructure and amenities nearby

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.