Property Review

Setia Sky Vista

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

SP Setia

Location

Puchong, Selangor

Type

Condominium

Price

RM450k – RM750k

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM450,000 entry price is competitive for Puchong's mid-range condominium market, though actual value depends on unit size, finishes, and amenities which are not detailed here; leasehold tenure may limit long-term appreciation compared to freehold alternatives.
  • **Location & Connectivity**: Proximity to Puchong Perdana LRT station provides reasonable access to the Klang Valley network, though Puchong remains a secondary location; connectivity to major employment centers and Kuala Lumpur CBD requires transfer or additional travel time.
  • **Risk & Timing**: Missing completion timeline creates uncertainty for investors; SP Setia's track record is established, but undisclosed project phases and delivery dates pose timing risks; market absorption and property value depend heavily on final launch details and broader Puchong market conditions.

NewProjek Score

7.3

Worth Considering

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM450,000
Selangor MedianRM490,000
Priced 8% 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

RM1,400–1,900

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

3.5x

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
Adenia

SP Setia

RM227kUnder Construction
Bayu Avenue

SP Setia

RM230kUnder Construction
sejati-residences by Paramount Property

PARAMOUNT VENTURE SDN BHD

Kuala LumpurRM249kVarious
Why Consider + Risk Factors

Why Consider

  • Established developer SP Setia ensures quality construction and reliability
  • Puchong Perdana LRT proximity provides excellent public transport connectivity
  • Competitive pricing in high-demand Puchong location offers value
  • Strategic location near amenities, schools, and commercial centres
  • Strong rental demand potential in growing Selangor market

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold

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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.