Property Review

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

Powered by verified data + DOSM

Generated 29 July 2026

← Back to listing
Executive Summary

Developer

Location

Wangsa Maju, Kuala Lumpur

Type

Serviced Apartment

Price

RM450k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry price of RM450,000 is competitive for serviced apartments in the Klang Valley mid-market segment, though unit size and developer track record should be verified to assess value proposition relative to comparable projects in similar price brackets.
  • **Location & Connectivity**: Direct LRT Sri Rampai station access and proximity to Wangsa Walk Mall provides solid public transportation and retail connectivity; however, absence of MRT linkage limits appeal to commuters prioritizing faster travel to central business districts and may constrain long-term appreciation potential.
  • **Risk & Timing**: Critical project details including tenure structure, completion timeline, and developer credentials are not disclosed, creating material uncertainty for investment decisions; recommend obtaining formal brochure and timeline before commitment, particularly given Malaysia's track record of project delays in this segment.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
  • Completed project — no construction risk
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

3.5x

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 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

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

KepongRM295kCompleted
Why Consider + Risk Factors

Why Consider

  • LRT Sri Rampai station connection ensures excellent public transport access
  • Adjacent to Wangsa Walk Mall for shopping and dining convenience
  • Competitive pricing at RM450,000 for serviced apartment in prime location
  • Established Wangsa Maju area offers stable property value appreciation potential
  • Strategic connectivity to KL city centre via LRT network

Risk Factors

  • No MRT/LRT station listed nearby — may affect future demand

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.