SkyAwani PRIMA Residences, Serviced Apartment @ Brickfields, Kuala Lumpur
Powered by verified data + DOSM
Generated 14 June 2026
Developer
SkyWorld Development
Location
Brickfields, Kuala Lumpur
Type
Serviced Apartment
Price
RM390k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM390,000 positions the project competitively within the serviced apartment segment; however, pricing appears premium relative to standard residential units in the same area, justified only if rental yield or amenities justify the serviced component.
- •**Location & Connectivity**: Brickfields offers established urban infrastructure and accessibility via major roads; the absence of direct MRT connectivity is a notable drawback in a market increasingly valuing rail-based transit, though the area remains reasonably accessible to Kuala Lumpur's commercial core.
- •**Risk & Timing**: Incomplete tenure and project completion timeline information presents material uncertainty for investment decision-making; serviced apartments carry inherent operational and vacancy risks dependent on tourism/business travel cycles, requiring careful assessment of developer track record and market demand forecasts.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Priced below area median — potential value opportunity
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
RM1,300–1,800
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
3.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
| Arte Star Arte Corp | Sungai Besi | RM245k | New Launch |
| M Luna Mah Sing Group | Kepong | RM295k | Recently Completed |
Why Consider
- • Located in Brickfields, Kuala Lumpur
- • By SkyWorld Development
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.