The Nine @ Elmina Green
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Sime Darby Property
Location
Shah Alam, Selangor
Type
Landed House
Price
RM950k+
Tenure
Freehold
Completion
2026
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing from RM950,000 offers competitive positioning for freehold landed houses in Shah Alam, though long-term appreciation depends on final specifications and finish quality relative to comparable developments in the area.
- •**Location & Connectivity**: Shah Alam's established infrastructure and proximity to employment centers provide solid accessibility; however, the absence of nearby MRT connectivity limits appeal for commuters and may impact rental demand compared to transit-oriented alternatives.
- •**Risk & Timing**: Unspecified completion timeline presents uncertainty for buyers seeking defined possession dates; buyers should seek clarification on project milestones before commitment, and market absorption rates in this price segment warrant monitoring given current property market conditions.
NewProjek Score
8.2
Worth Considering
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced 73% above area median — premium pricing
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
RM3,000–4,100
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
7.4x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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
Why Consider
- • Freehold tenure offers long-term ownership security and wealth building
- • Shah Alam prime location with established infrastructure and amenities
- • Sime Darby Property's reputation ensures quality construction and after-sales
- • Competitive RM950K price point for landed house investment
- • Growing Shah Alam area with strong appreciation potential
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.