Sg Long Residence @ Bandar Sungai Long
Powered by NAPIC + DOSM data
Generated 15 March 2026
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.
- โข Developer verification status not confirmed
- โข Priced in line with area median
Is this project priced fairly?
Selangor โ Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | โ |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM1,600โ2,100
Based on similar properties in Selangor
Gross Rental Yield
4.0%โ5.0%
Annual rental / property price
Area Price Trend
+8.9%
NAPIC data 2021โ2025
Price-to-Income
4.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | โ Yes |
| RM7,000 | RM1.0 mil | โ Yes |
| RM10,000 | RM1.5 mil | โ Yes |
| RM15,000 | RM2.3 mil | โ Yes |
| RM20,000 | RM3.2 mil | โ 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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| MKH Boulevard II @ Kajang | Kajang | RM250k | New Launch |
| MIRA at Shorea Park, Puchong | Puchong | RM250k | New Launch |
| M Terra @ Puchong, nearby IOI Mall & Sunway Pyramid | Puchong | RM250k | New Launch |
โ Why Consider
- โข Located in Cheras, Selangor
- โข By Developer
โ ๏ธ Risk Factors
- โข Under construction โ completion delays are possible
- โข 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.