The Shang Residence @ Kuchai Lama
Powered by verified data + DOSM
Generated 15 July 2026
Developer
—
Location
Old Klang Road, Kuala Lumpur
Type
Condominium
Price
RM549k+
Tenure
Freehold
Completion
2029
NewProjek Verdict
- •**Value & Pricing**: Pricing details remain to be announced, limiting informed comparison against comparable freehold units in similar catchments; freehold tenure provides stronger long-term asset value retention compared to leasehold alternatives in the Klang Valley market.
- •**Location & Connectivity**: Old Klang Road location offers established accessibility via major trunk roads and proximity to Kuala Lumpur's commercial zones, though the absence of nearby MRT connectivity represents a significant disadvantage relative to transit-oriented developments, relying primarily on private transport or bus networks.
- •**Risk & Timing**: Extended 5-year completion timeline to 2029 introduces prolonged market exposure and potential economic cycle risks; pre-launch phase carries typical construction and delivery execution risks inherent to large-scale residential projects in Malaysia.
NewProjek Score
7.7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
RM1,900–2,500
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
4.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Kuala Lumpur
Median Household Income
RM10,802/mo
DOSM 2024
Mean Household Income
RM13,985/mo
DOSM 2024
Households Above RM8k
~61%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| M Luna Mah Sing Group | Kepong | RM295k | Completed |
| SkyAwani 6 Residences @ Setapak, Kuala Lumpur SkyWorld Development | Setapak | RM300k | New Launch |
| Ria Bangsar South Malton Berhad | Bangsar South | RM300k | New Launch |
Why Consider
- • Freehold tenure provides permanent ownership and strong long-term value
- • Strategic Old Klang Road location near Kuala Lumpur city centre
- • Established Kuchai Lama neighbourhood with mature residential and commercial amenities
- • Long completion timeline allows flexible payment schemes and gradual appreciation
- • Reputable developer ensures quality construction and professional property management standards
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 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.