The Corak @ Serenia City
Powered by verified data + DOSM
Generated 16 July 2026
Developer
Sime Darby Property
Location
Sepang, Selangor
Type
Landed House
Price
RM388k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Pricing details remain to be announced, limiting ability to assess competitiveness against comparable freehold landed properties in the Klang Valley; final pricing will be critical to determining value proposition relative to similar developments.
- •**Location & Connectivity**: Sepang location offers affordability and space benefits typical of outer Klang Valley developments, but lacks direct MRT accessibility, making it dependent on private vehicle ownership and subject to traffic congestion patterns on existing highway corridors.
- •**Risk & Timing**: Undefined completion timeline introduces uncertainty for buyers regarding investment returns and occupancy; pre-launch stage presents execution risk common to early-phase projects, warranting caution until developer milestones and detailed delivery schedules are confirmed.
NewProjek Score
9
Strong Buy Signal
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM1,200–1,700
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
3.0x
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 Selangor
Median Household Income
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| TRIO by Setia (Block A) SP Setia | — | RM216k | Completed |
| TRIO by Setia (Block B) SP Setia | — | RM216k | Completed |
| Triowalk SP Setia | — | RM216k | Under Construction |
Why Consider
- • Affordable freehold landed house at RM388,000 entry price
- • Reputable Sime Darby Property developer with strong track record
- • Strategic Sepang location with growing commercial and residential development
- • High investment potential in rapidly developing Selangor corridor
- • Proximity to major highways and business districts nearby
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.