Property Review

TR2 Residence, Titiwangsa, Kuala Lumpur

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Titiwangsa, Kuala Lumpur

Type

Serviced Apartment

Price

RM516k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM516,000 entry price for a serviced apartment in Titiwangsa, the project offers moderate positioning within the mid-range segment; however, pricing competitiveness requires comparison with nearby developments as serviced apartments typically command premium valuations relative to standard residential units.
  • **Location & Connectivity**: Titiwangsa presents established residential appeal with proximity to amenities, though the absence of nearby MRT connectivity is a notable limitation for commuters; accessibility depends significantly on vehicle ownership or alternative public transport options, potentially impacting long-term tenant demand and resale liquidity.
  • **Risk & Timing**: The project carries execution risk due to unspecified completion timeline, which hampers investment planning and rental income projections; leasehold tenure with no stated lease duration further warrants due diligence regarding depreciation trajectory and refinancing implications beyond the mid-tenure mark.

NewProjek Score

6.8

Moderate

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM516,000
Kuala Lumpur MedianRM850,000
Priced 39% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,800–2,400

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 SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
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 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

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
M Luna

Mah Sing Group

KepongRM295kRecently Completed
Ria Bangsar South

Malton Berhad

Bangsar SouthRM300kNew Launch
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Prime Titiwangsa location with excellent urban connectivity
  • Affordable entry point for first-time property buyers
  • Serviced apartment with management and rental income potential
  • Strategic KL position near commercial and leisure hubs
  • Leasehold investment in established, well-developed neighbourhood

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold
  • 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.