📊 Property Review

The Nine @ Elmina Green

Powered by NAPIC + DOSM data

Generated 16 April 2026

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Executive Summary

Developer

Sime Darby Property

Location

Shah Alam, Selangor

Type

Landed House

Price

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing details remain unannounced (TBA), limiting immediate assessment of affordability and value proposition relative to comparable freehold landed properties in Shah Alam; transparency on pricing structure will be essential for buyer evaluation.
  • **Location & Connectivity**: Shah Alam offers established infrastructure and commercial centers, though the absence of nearby MRT connectivity may reduce long-term appeal for commuters reliant on public transport; accessibility will primarily depend on personal vehicle usage or future transport developments.
  • **Risk & Timing**: The lack of specified completion timeline introduces execution risk and delays in occupancy; pre-launch stage requires careful due diligence on developer track record (Sime Darby Property has established credentials) before commitment, with extended waiting periods typical for early-stage projects.

NewProjek Score

8.5

Strong Buy Signal

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

Selangor — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704k✅ Yes
RM7,000RM1.0 mil✅ Yes
RM10,000RM1.5 mil✅ Yes
RM15,000RM2.3 mil✅ Yes
RM20,000RM3.2 mil✅ Yes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

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 + Risk Factors

✅ Why Consider

  • Located in Shah Alam, Selangor
  • Freehold title property
  • By Sime Darby Property

⚠️ Risk Factors

  • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, 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.