The Conlay
Powered by verified data + DOSM
Generated 31 May 2026
Developer
—
Location
KL City Centre, Kuala Lumpur
Type
Service Residence
Price
RM1.6 mil+
Tenure
—
Completion
2025
NewProjek Verdict
- •**Value & Pricing**: RM1.552 million entry price positions The Conlay at the premium end of the service residence market; investors should assess whether the pricing justifies comparable alternatives in KL City Centre, particularly regarding unit sizes and amenities relative to surrounding developments.
- •**Location & Connectivity**: Situated in KL City Centre provides strong walkability and access to commercial/retail zones, though the absence of proximate MRT connectivity is a notable limitation compared to competitors; reliance on alternative transport (LRT, bus, or private vehicles) may impact rental appeal and tenant convenience.
- •**Risk & Timing**: 2025 completion timeline carries execution risk given current market conditions; the service residence sector faces headwinds from changing work patterns and tourism fluctuations, and investors should clarify the tenure structure (freehold/leasehold) before committing, as this significantly affects long-term viability and exit strategies.
NewProjek Score
5.2
Moderate
- • Developer verification status not confirmed
- • 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
12.6x
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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Why Consider
- • Located in KL City Centre, Kuala Lumpur
- • By Developer
- • Completion expected 2025
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.