Property Review

Sg Long Residence @ Bandar Sungai Long

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Cheras, Selangor

Type

Condominium

Price

RM491k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing starting at RM491,000 positions this project competitively within the mid-range condominium segment, though the absence of tenure information and completion timeline details limits assessment of long-term value proposition and cost transparency.
  • **Location & Connectivity**: Bandar Sungai Long in Cheras offers established residential infrastructure but lacks direct MRT connectivity, potentially constraining accessibility and limiting appeal to commuters relying on public transport; proximity to major highways would be the primary transportation advantage.
  • **Risk & Timing**: The omission of critical project details—including land tenure, expected completion date, and developer track record—presents elevated investment risk; potential buyers should seek clarification on these fundamentals before commitment, as delayed completions and tenure mismatches are common concerns in this market segment.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • 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 — Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM1,600–2,100

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

4.1x

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 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
Tangerine Suites at Sunsuria City, SepangSepangRM250kNew Launch
MIRA at Shorea Park, PuchongPuchongRM250kNew Launch
MKH Boulevard II @ Kajang

MKH Berhad

KajangRM250kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Cheras, Selangor
  • By Developer

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 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.