Setia Sky Seputeh, Kuala Lumpur | SP Setia
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
KL City Centre, Kuala Lumpur
Type
Condominium
Price
RM3.9 mil+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: At RM3.9M entry point, Setia Sky Seputeh positions itself in the premium segment for KL City Centre; pricing is competitive relative to comparable freehold developments in the area, though buyers should verify rental yield potential given the high capital requirement.
- •**Location & Connectivity**: The City Centre location offers strong walkability to commercial hubs and amenities, but the absence of direct MRT access is a notable drawback in an area where proximity to rapid transit significantly influences long-term demand and resale value.
- •**Risk & Timing**: The lack of a specified completion date introduces timeline uncertainty and potential for construction delays; investors should seek clarity on delivery schedules and market absorption rates, as extended timelines may impact occupancy demand in an increasingly competitive segment.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 359% above area median — premium pricing
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| 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
RM13,300–17,900
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
Verified data 2021–2025
Price-to-Income
30.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | No |
| RM15,000 | RM2.3 mil | No |
| RM20,000 | RM3.2 mil | No |
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
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
Why Consider
- • Prime KL City Centre location with excellent urban connectivity
- • Freehold tenure ensures long-term ownership and appreciation potential
- • SP Setia's proven track record delivers quality developments
- • Strong investment potential in high-demand central business district
- • Modern condominium living in vibrant, established neighbourhood
Risk Factors
- • 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.