Property Review

Sophea

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM1.4 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM1.4M entry price is moderate for Selangor residential, though without specified completion timeline, cost escalation risk and value trajectory remain uncertain pending project details.
  • **Location & Connectivity**: Selangor positioning offers growth potential, but absence of MRT proximity limits public transport accessibility; viability depends on proximity to major highways and commercial nodes not detailed in available information.
  • **Risk & Timing**: Incomplete project specifications (tenure, completion date) present material gaps for investment assessment; prudent buyers should clarify timeline and legal framework before commitment to manage execution and regulatory risks.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 186% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,400,000
Selangor MedianRM490,000
Priced 186% above area median

Selangor — Median Condo Prices (Verified)

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

RM4,500–6,000

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

Verified data 2021–2025

Price-to-Income

11.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milStretch
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

Why Consider + Risk Factors

Why Consider

  • By SP Setia

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.