Setia Sky Seputeh, Kuala Lumpur | SP Setia
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
SP Setia
Location
KL City Centre, Kuala Lumpur
Type
Condominium
Price
TBA
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Positioning in the KL City Centre premium segment suggests competitive pricing relative to comparable developments, though the lack of confirmed pricing ("TBA") limits current valuation assessment and may indicate early-stage pricing strategy typical of SP Setia's launches.
- •**Location & Connectivity**: The KL City Centre location offers strong urban accessibility and lifestyle amenities, though the absence of nearby MRT connectivity is a notable limitation compared to transit-oriented competitors, relying on alternative transport modes and future connectivity improvements.
- •**Risk & Timing**: No specified completion timeline presents execution and delivery uncertainty; investors should seek clarity on project phasing and delivery schedules, as prolonged development cycles in this market segment could affect occupancy absorption and rental yield timelines.
NewProjek Score
8
Worth Considering
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
Is this project priced fairly?
Price comparison data not available for this project.
W.P. Kuala Lumpur — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
—
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
NAPIC data 2021–2025
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 Kuala Lumpur
Median Household Income
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Why Consider
- • Located in KL City Centre, Kuala Lumpur
- • Freehold title property
- • By SP Setia
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 NAPIC, 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.