Property Review

Sfera @ Wangsa Maju, connected to LRT Sri Rampai & Wangsa Walk Mall

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Wangsa Maju, Kuala Lumpur

Type

Serviced Apartment

Price

RM450k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM450,000 is competitive for serviced apartments in the mid-tier KL market, though per-unit costs and unit sizes should be verified against comparable projects in similar localities to assess true value proposition.
  • **Location & Connectivity**: Direct LRT Sri Rampai connectivity and proximity to Wangsa Walk Mall provide solid public transport access and retail amenities; however, the absence of nearby MRT limits connectivity to the broader KL metropolitan network compared to centrally-located alternatives.
  • **Risk & Timing**: Critical information gaps—notably missing tenure details and completion timeline—present material uncertainties; prospective buyers should obtain these specifics before commitment, as they directly impact investment returns, holding periods, and regulatory compliance.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM450,000
Kuala Lumpur MedianRM850,000
Priced 47% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,500–2,100

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

3.7x

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 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

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Arte Star

Arte Corp

Sungai BesiRM245kNew Launch
M Luna

Mah Sing Group

KepongRM295kRecently Completed
Why Consider + Risk Factors

Why Consider

  • Direct LRT connectivity via Sri Rampai station for seamless commuting
  • Adjacent to Wangsa Walk Mall for shopping and dining convenience
  • Competitive pricing at RM450,000 for serviced apartment in prime location
  • Strategic Wangsa Maju location with established infrastructure and amenities
  • Strong rental potential due to excellent transport links and accessibility

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 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.