Setia V Residences
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM2.0 mil+
Tenure
Freehold
Completion
2017
NewProjek Verdict
- •**Value & Pricing**: RM2.0M+ positioning targets upper-middle segment; pricing appears market-aligned for modern residential in Selangor, though competitiveness depends on unit specifications, built-up area, and amenities relative to comparable developments in the region.
- •**Location & Connectivity**: Selangor location provides established infrastructure access; however, absence of nearby MRT connectivity limits public transportation options and may constrain long-term appeal, requiring dependency on private vehicles or future transit developments.
- •**Risk & Timing**: Completion timeline not disclosed, creating uncertainty for investment planning and cash flow projections; tenure details also unspecified, which are critical factors for financing eligibility and resale value assessment in the Malaysian market.
NewProjek Score
6.7
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 310% above area median — premium pricing
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM6,400–8,700
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
15.6x
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 | 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 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
- • Established developer SP Setia with proven track record
- • Freehold tenure ensures long-term ownership and appreciation
- • Strategic Selangor location with growing residential demand
- • Completed project offers immediate occupancy and rental income
- • Competitive pricing for freehold residential property in region
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.