Property Review

The Ria @ Riveria City, Brickfields. 300m to KL Sentral

Powered by NAPIC + DOSM data

Generated 30 April 2026

← Back to listing
Executive Summary

Developer

Location

KL Sentral, Kuala Lumpur

Type

Serviced Apartment

Price

RM685k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry price of RM685,000 is competitive for a serviced apartment in central KL, though the absence of tenure and completion timeline details limits assessment of long-term value proposition and investment certainty.
  • **Location & Connectivity**: 300m proximity to KL Sentral provides excellent accessibility to the city's main transport hub and business district; however, the lack of listed MRT connectivity is a notable gap, as nearby MRT stations would significantly enhance the property's appeal and rental potential.
  • **Risk & Timing**: Critical project information gaps—including tenure type, completion date, and developer details—present material risks for investors; delayed completion or unfavorable tenure terms could impact both occupancy timeline and capital appreciation, making due diligence essential before commitment.

NewProjek Score

6.5

Moderate

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

Is this project priced fairly?

Developer PriceRM685,000
Kuala Lumpur MedianRM850,000
Priced 19% below area median

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

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

RM2,300–3,200

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

NAPIC data 2021–2025

Price-to-Income

5.6x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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
M Azura

Mah Sing Group

SetapakRM381kUnder Construction
SkyAwani PRIMA Residences, Serviced Apartment @ Brickfields, Kuala Lumpur

SkyWorld Development

BrickfieldsRM390kNew Launch
M Adora

Mah Sing Group

Wangsa MelawatiRM398kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in KL Sentral, Kuala Lumpur
  • By Developer

Risk Factors

  • Under construction — completion delays are possible
  • No MRT/LRT station listed nearby — may affect future demand
🔒

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.