Property Review

Triara @ Ara Damansara

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

Sime Darby Property

Location

Ara Damansara, Selangor

Type

Condominium/Apartment

Price

RM832k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM832,000 entry price is competitive for the Ara Damansara locality, though lacking freehold tenure clarity and unspecified completion timeline introduces valuation uncertainty for investors requiring clear timelines and ownership structures.
  • **Location & Connectivity**: Ara Damansara offers established infrastructure and proximity to commercial amenities, but the absence of nearby MRT connectivity limits long-term accessibility advantage compared to transit-oriented developments, potentially affecting rental yield and capital appreciation.
  • **Risk & Timing**: Undefined completion date presents material risk for end-users and investors regarding possession timelines and market conditions; developers should clarify delivery schedule to reduce buyer uncertainty and demonstrate project momentum.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 70% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM832,000
Selangor MedianRM490,000
Priced 70% above area median

Selangor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM2,700–3,600

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

Verified data 2021–2025

Price-to-Income

6.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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 Selangor

Median Household Income

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Established neighbourhood in Ara Damansara with strong community infrastructure
  • Freehold tenure provides long-term ownership security and value
  • Sime Darby Property's reputable track record ensures quality development
  • Strategic location near commercial hubs and shopping districts
  • High investment potential in sought-after Selangor residential area

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.