๐Ÿ“Š Property Intelligence Report

Sg Long Residence @ Bandar Sungai Long

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Cheras, Selangor

Type

Condominium

Price

RM491k+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Sg Long Residence @ Bandar Sungai Long offers affordable entry-level condominium units in the established Cheras locality, making it accessible to first-time buyers and investors seeking value-oriented properties. However, the absence of MRT connectivity and missing key project details such as tenure type and completion timeline present significant limitations that warrant thorough due diligence before commitment. Prospective purchasers should prioritize obtaining comprehensive information from the developer and conducting a detailed feasibility analysis, particularly regarding transportation accessibility and long-term appreciation potential in this mid-range segment.

๐ŸŸข LOW RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM491,000
Selangor MedianRM490,000
Priced 0% below area median

Selangor โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM450,000โ€”
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM1,600โ€“2,100

Based on similar properties in Selangor

Gross Rental Yield

4.0%โ€“5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021โ€“2025

Price-to-Income

4.1x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

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
MKH Boulevard II @ KajangKajangRM250kNew Launch
MIRA at Shorea Park, PuchongPuchongRM250kNew Launch
M Terra @ Puchong, nearby IOI Mall & Sunway PyramidPuchongRM250kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Cheras, Selangor
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

Disclaimer: This report is generated using publicly available data from NAPIC, 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.

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