Property Review

The Nobel Healthcare Park KL Wellness City

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

Location

Bukit Jalil, Kuala Lumpur

Type

Service Residence

Price

RM366k+

Tenure

Completion

2026

NewProjek Verdict

  • **Value & Pricing**: RM366,000 entry price is competitive for service residences in Kuala Lumpur, though pricing appears moderate relative to wellness-focused amenities; actual value proposition depends on unit sizes, finishes, and management fees which are not detailed.
  • **Location & Connectivity**: Bukit Jalil offers established infrastructure and proximity to commercial centers, but the absence of nearby MRT connectivity is a significant limitation for accessibility; reliance on car travel or future transit developments may impact long-term convenience and rental appeal.
  • **Risk & Timing**: 2026 completion date presents standard execution risk over a 2-3 year construction period; lack of specified tenure details raises concerns about lease duration and long-term ownership value, requiring clarification before commitment.

NewProjek Score

6.7

Moderate

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM366,000
Kuala Lumpur MedianRM850,000
Priced 57% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,200–1,700

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

3.0x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

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

Area Profile

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

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
sycamore @ KL

UOA Development Bhd

Kuala LumpurRM190kVarious
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
M Luna

Mah Sing Group

KepongRM295kRecently Completed
Why Consider + Risk Factors

Why Consider

  • Located in Bukit Jalil, Kuala Lumpur
  • By Developer
  • Completion expected 2026

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.