The Nine @ Elmina Green
Powered by verified data + DOSM
Generated 31 May 2026
Developer
Sime Darby Property
Location
Shah Alam, Selangor
Type
Landed House
Price
RM950k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry point of RM950,000 is competitive for freehold landed houses in Shah Alam, though actual value depends on unit specifications and built-up area; positioned as mid-range offering without premium positioning that may appeal to first-time buyers and upgraders.
- •**Location & Connectivity**: Shah Alam benefits from established infrastructure and proximity to major highways, but the absence of nearby MRT connectivity is a notable limitation; residents will rely on personal vehicles or bus services, potentially affecting long-term accessibility and rental appeal as public transport networks evolve.
- •**Risk & Timing**: Completion timeline is unspecified, creating uncertainty for investment planning and occupancy schedules; Sime Darby Property's track record is established, but investors should clarify delivery dates and staged completion phases before commitment, particularly given the current market's sensitivity to project delays.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • 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
7.9x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Why Consider
- • Established Shah Alam location with mature infrastructure and amenities
- • Sime Darby Property developer reputation ensures quality and reliability
- • Freehold tenure provides long-term ownership and investment security
- • Competitive RM950k pricing in sought-after residential area
- • Strong capital appreciation potential in growing Selangor market
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.