Property Review

The Serenade @ Putra Heights

Powered by verified data + DOSM

Generated 5 June 2026

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Executive Summary

Developer

Sime Darby Property

Location

Putra Heights, Selangor

Type

Landed House

Price

RM1.3 mil+

Tenure

Freehold

Completion

2026

NewProjek Verdict

  • **Pricing & Value**: Entry point of RM1.34M positions this development competitively within the mid-range landed segment; however, final pricing and actual built-up specifications should be verified against comparable freehold properties in Klang Valley to assess value proposition.
  • **Location & Connectivity**: Putra Heights offers established residential infrastructure and proximity to major highways, but the absence of MRT connectivity is a notable limitation for long-term accessibility; reliance on personal transport may impact buyer appeal compared to MRT-served developments.
  • **Risk & Timing**: 2026 completion timeline carries standard construction and market completion risks; buyers should carefully review the developer's track record and legal documentation, as extended holding periods expose purchasers to interest rate fluctuations and market cycle uncertainties.

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

11.2x

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

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

  • Established Putra Heights location with mature neighbourhood infrastructure
  • Freehold tenure ensures long-term ownership and wealth building
  • Sime Darby Property's strong reputation guarantees quality construction
  • Strategic Selangor location near major employment centres
  • Landed houses offer higher appreciation potential than condos

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

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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.