The Veo @ KL East
Powered by verified data + DOSM
Generated 16 July 2026
Developer
Sime Darby Property
Location
Kuala Lumpur, Kuala Lumpur
Type
Landed House
Price
RM420k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: RM420,000 entry point is competitive for a freehold landed house in the KL East corridor, though final value depends on built-up area and specifications which are not detailed; represents mid-range positioning within Greater KL's landed property market.
- •**Location & Connectivity**: KL East lacks direct MRT accessibility, limiting public transport convenience despite being within the greater Kuala Lumpur metropolitan area; reliance on roads and bus networks may affect long-term commuting appeal compared to MRT-adjacent developments.
- •**Risk & Timing**: Completion timeline is not specified, creating uncertainty for buyers regarding delivery schedules and market conditions; Sime Darby Property's track record is established, but lack of transparency on handover dates warrants clarification before commitment.
NewProjek Score
9
Strong Buy Signal
- • Verified developer with established track record
- • 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
3.2x
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 |
|---|---|---|---|
| selayang-damai-residence @ KL UOA Development Bhd | Selayang | RM243k | Various |
| Arte Star Arte Corp | Sungai Besi | RM245k | New Launch |
| M Luna Mah Sing Group | Kepong | RM295k | Completed |
Why Consider
- • Freehold tenure ensures long-term ownership and asset appreciation
- • Sime Darby Property's reputation guarantees quality construction standards
- • KL East location offers urban convenience and accessibility
- • Affordable entry price at RM420,000 for landed property
- • Strong investment potential in growing Kuala Lumpur corridor
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.