Property Review

TR2 Residence, Titiwangsa, Kuala Lumpur

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Titiwangsa, Kuala Lumpur

Type

Serviced Apartment

Price

RM516k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM516,000 is competitive for a serviced apartment in the Titiwangsa vicinity, though pricing should be benchmarked against comparable projects in the area to assess value proposition relative to unit specifications and amenities.
  • **Location & Connectivity**: Titiwangsa offers established residential character with proximity to educational institutions and local amenities; however, the absence of nearby MRT connectivity limits convenience for public transport commuters, potentially reducing appeal to those reliant on rapid transit infrastructure.
  • **Risk & Timing**: The lack of a specified completion date presents a material risk regarding project delivery timelines and rental income commencement; prospective investors should seek clarity on developer track record and construction milestones before commitment.

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

4.0x

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

RM10,802/mo

DOSM 2024

Mean Household Income

RM13,985/mo

DOSM 2024

Households Above RM8k

~61%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
M Luna

Mah Sing Group

KepongRM295kCompleted
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Ria Bangsar South

Malton Berhad

Bangsar SouthRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Titiwangsa central location with excellent accessibility
  • Affordable entry price for KL serviced apartment
  • Strong rental potential in established neighbourhood
  • Leasehold tenure with manageable maintenance costs

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.