The Veo @ KL East
Powered by verified data + DOSM
Generated 1 June 2026
Developer
Sime Darby Property
Location
Kuala Lumpur, Kuala Lumpur
Type
Landed House
Price
RM420k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM420,000 entry price is competitive for landed houses in the KL East corridor, though without completion timeline details, cost escalation risks and final unit specifications cannot be fully assessed for value validation.
- •**Location & Connectivity**: The project benefits from proximity to established KL East commercial and residential zones with road access, but the absence of nearby MRT connectivity limits public transport convenience compared to transit-oriented developments, relying primarily on personal vehicles.
- •**Risk & Timing**: The lack of specified completion date presents a material risk for buyers regarding project delivery certainty and potential delays; combined with Sime Darby Property's track record, investors should seek clarification on construction timeline and snagging/handover procedures before commitment.
NewProjek Score
8
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
RM1,400–1,900
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
3.4x
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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
| M Luna Mah Sing Group | Kepong | RM295k | Recently Completed |
| Ria Bangsar South | Bangsar South | RM300k | New Launch |
Why Consider
- • Freehold tenure ensures long-term ownership security and asset appreciation
- • Sime Darby Property's reputation guarantees quality construction and reliability
- • Affordable RM420k entry point for landed house ownership
- • KL East location offers urban convenience with growth potential
- • Strategic position for capital appreciation in developing area
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.