Property Review

Taman Harmoni, 1 & 2-Storey Terrace @ Sungai Pelek, Sepang, Selangor

Powered by verified data + DOSM

Generated 29 July 2026

← Back to listing
Executive Summary

Developer

Location

Sepang, Selangor

Type

Landed House

Price

RM688k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM688,000 is competitive for freehold terrace houses in Sepang, offering reasonable affordability for first-time buyers, though long-term appreciation may be moderate given the suburban location relative to premium developments.
  • **Location & Connectivity**: Sungai Pelek remains a developing area with limited public transport infrastructure (no nearby MRT), necessitating private vehicle dependency; proximity to major highways provides connectivity to Kuala Lumpur and Port Klang, but amenities and social infrastructure are still sparse compared to established suburbs.
  • **Risk & Timing**: Absence of specified completion date creates uncertainty for planning and occupancy timelines; the emerging nature of Sepang's property market presents both opportunity and risk, as infrastructure development and population growth remain subject to broader economic and government planning priorities.

NewProjek Score

6.8

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 25% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM688,000
Selangor MedianRM550,000
Priced 25% 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

RM2,200–3,000

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

5.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Freehold landed property with strong appreciation potential in growth corridor
  • Strategic Sepang location near major commercial and industrial developments
  • Affordable entry price for 1 & 2-storey terrace houses
  • Excellent connectivity to Kuala Lumpur via major highways
  • Established residential area with growing community infrastructure

Risk Factors

  • Premium pricing relative to area median may limit resale upside
  • No MRT/LRT station listed nearby — may affect future demand

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.