Property Review

The Serenade @ Putra Heights

Powered by verified data + DOSM

Generated 20 July 2026

← Back to listing
Executive Summary

Developer

Sime Darby Property

Location

Putra Heights, Selangor

Type

Landed House

Price

RM1.3 mil+

Tenure

Freehold

Completion

2026

NewProjek Verdict

  • **Value & Pricing**: At RM1.34M for freehold landed houses in Putra Heights, the pricing is competitive for the suburban segment, though premium positioning by Sime Darby Property warrants verification of build quality, finishes, and comparable unit prices in established nearby developments.
  • **Location & Connectivity**: Putra Heights offers established amenities and highway access via the Federal and KLIA Expressways, but the absence of MRT connectivity limits public transport options and may constrain long-term appeal compared to developments within the Klang Valley MRT network expansion corridors.
  • **Risk & Timing**: The 2026 completion timeline carries typical development execution risk over a 3-4 year construction period; buyers should assess market absorption rates and property value stability in the segment, particularly if economic conditions or interest rates shift materially before delivery.

NewProjek Score

7.7

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced 144% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,340,000
Selangor MedianRM550,000
Priced 144% above area median

Selangor — Median Condo Prices (Verified)

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

RM4,300–5,800

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

10.4x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
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 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 + Risk Factors

Why Consider

  • Established Putra Heights location with mature amenities and infrastructure
  • Reputable Sime Darby Property developer ensures quality construction standards
  • Freehold tenure provides long-term ownership security and investment value
  • Competitive RM1.34M price point for landed house in area
  • Strong capital appreciation potential in growing Selangor property market

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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 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.