Serasi Retail @ Putra Heights
Powered by verified data + DOSM
Generated 16 July 2026
Developer
Sime Darby Property
Location
Putra Heights, Selangor
Type
Commercial
Price
RM250k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing from RM250,000 is competitive for retail units in the Klang Valley, offering reasonable accessibility for small merchants; however, returns depend heavily on tenant demand and rental yield sustainability in this segment.
- •**Location & Connectivity**: Putra Heights benefits from established township infrastructure and road networks, but the absence of nearby MRT connectivity is a significant drawback compared to transit-oriented retail developments, potentially limiting footfall from public transport users.
- •**Risk & Timing**: The lack of specified completion date introduces execution risk and delays to rental income generation; investors should clarify timelines and market absorption rates, as retail sentiment in secondary commercial zones remains uncertain post-pandemic.
NewProjek Score
9
Strong Buy Signal
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
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
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 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 |
|---|---|---|---|
| Sky Curve SP Setia | — | RM180k | Under Construction |
| TRIO by Setia (Block A) SP Setia | — | RM216k | Completed |
| TRIO by Setia (Block C) SP Setia | — | RM216k | Completed |
Why Consider
- • Established Putra Heights location with strong residential population
- • Freehold tenure ensures permanent ownership and asset security
- • Sime Darby Property backing guarantees quality development standards
- • Affordable RM250,000 entry point for commercial property investment
- • Retail positioning captures local spending power and foot traffic
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.