Property Review

Setia Sky Seputeh

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM2.3 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing and Value**: At RM2.3 million and above, this project positions itself in the upper-middle segment of the Kuala Lumpur metropolitan market; value assessment depends on unit specifications and finishes relative to comparable developments, though the lack of listed amenities details limits full evaluation.
  • **Location and Connectivity**: Seputeh offers established residential appeal with proximity to Kuala Lumpur's central business district, but the absence of nearby MRT connectivity is a notable drawback compared to newer projects; accessibility relies on road-based transport and existing public bus infrastructure.
  • **Risk and Timing**: Critical project information gaps—including unspecified tenure, completion timeline, and unit/amenity details—present risks for prospective buyers; inability to confirm freehold status or delivery schedules makes informed investment decisions difficult and suggests obtaining comprehensive details directly from the developer before commitment.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 369% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,300,000
Selangor MedianRM490,000
Priced 369% 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

RM7,300–9,900

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

17.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milStretch
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.