Property Review

TR2 Residence, Titiwangsa, Kuala Lumpur

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Location

Titiwangsa, Kuala Lumpur

Type

Serviced Apartment

Price

RM516k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM516,000 entry price is competitive for serviced apartments in KL's mid-tier segments, though pricing justification depends on unit size, finishes, and amenities; leasehold tenure may limit long-term appreciation compared to freehold alternatives.
  • **Location & Connectivity**: Titiwangsa offers established residential character with reasonable road access via main arterials, but the absence of nearby MRT connectivity is a notable drawback in an increasingly transit-oriented market, potentially limiting tenant appeal and resale liquidity.
  • **Risk & Timing**: Unspecified completion date presents execution risk and delays in capital returns; serviced apartment investments carry operational dependency on management quality and ongoing market demand for short-term rentals, requiring careful developer track record assessment.

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 (NAPIC)

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%

NAPIC 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
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
M Nova @ Kepong

Mah Sing Group

KepongRM318kNew Launch
Why Consider + Risk Factors

Why Consider

  • Strategic Titiwangsa location with established neighbourhood infrastructure
  • Affordable entry point for Kuala Lumpur property investment
  • Serviced apartment amenities ideal for rental income
  • Central KL position near business and commercial hubs
  • Strong capital appreciation potential in developing area

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 NAPIC, 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.