The Conlay
Powered by verified data + DOSM
Generated 15 July 2026
Developer
—
Location
KL City Centre, Kuala Lumpur
Type
Service Residence
Price
RM1.6 mil+
Tenure
Freehold
Completion
2025
NewProjek Verdict
- •**Pricing** is positioned at the upper-mid range for service residences in KL City Centre, with entry units at RM1.55M reflecting premium positioning; value proposition depends on final amenities, management quality, and comparative yields against established competitors in the same micro-location.
- •**Location** benefits from KL City Centre's central business district status and walkability to commercial/retail hubs, though the absence of direct MRT connectivity is a material disadvantage for commuter convenience and long-term appeal compared to nearby MRT-served developments.
- •**Timing risk** is moderate given the 2025 completion timeline in an evolving market; service residence demand remains dependent on tourism recovery and expatriate rental demand, while presale conditions and developer track record warrant verification before commitment.
NewProjek Score
6.7
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 83% above area median — premium pricing
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
RM5,300–7,100
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
12.0x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | Stretch |
| 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
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
Why Consider
- • Prime KL City Centre location with excellent walkability
- • Freehold tenure ensures permanent ownership and asset appreciation
- • Strategic positioning for business and lifestyle convenience
- • Service residence model offers rental income potential
- • 2025 completion provides modern amenities and features
Risk Factors
- • 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.