Property Review

Setia Sky Vista

Powered by verified data + DOSM

Generated 14 June 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 the Puchong market, offering reasonable value for mid-range condominium units, though actual value depends on unit size, finishes, and amenities compared to nearby developments.
  • **Location & Connectivity**: Puchong Perdana LRT proximity provides good public transport access to the Klang Valley, while Puchong's established infrastructure supports daily connectivity; however, reliance on LRT means car dependency for some commuters given Selangor's traffic patterns.
  • **Risk & Timing**: Undisclosed completion timeline creates uncertainty for investment planning and rental yield projections; as a SP Setia project, developer track record is established, though market absorption rates in Puchong remain subject to economic cycles and competitive new launches.

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

3.8x

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

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

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

  • Excellent connectivity near Puchong Perdana LRT station
  • SP Setia's proven track record in quality development
  • Strategic Puchong location with strong rental demand potential
  • Competitive pricing for modern condominium living space
  • Well-positioned for capital appreciation in growing area

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.