Triowalk
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM216k+
Tenure
Freehold
Completion
2023
NewProjek Verdict
- •**Pricing and Value**: Entry price of RM216,000 positions Triowalk as an affordable residential option, though value assessment is limited without unit size specifications, finishes, and amenities comparison to similar Selangor developments.
- •**Location and Connectivity**: Selangor location lacks MRT accessibility, which may constrain long-term appreciation and tenant appeal in an increasingly transit-oriented market; detailed road connectivity and proximity to employment centers require further evaluation.
- •**Risk and Timing**: Completion timeline not disclosed presents uncertainty for investors regarding cash flow timing and market conditions at handover; lack of tenure information (freehold/leasehold) adds risk factor that should be clarified before commitment.
NewProjek Score
8.2
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM700–900
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
1.7x
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 Selangor
Median Household Income
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Rumah Selangorku, Pangsapuri Cenderawasih – Azalia SP Setia | — | RM150k | Completed |
| Sky Curve SP Setia | — | RM180k | Under Construction |
| TRIO by Setia (Block B) SP Setia | — | RM216k | Completed |
Why Consider
- • Affordable freehold property at RM216,000 entry price
- • Reputable SP Setia developer with proven track record
- • Selangor location offers growth and appreciation potential
- • Completed 2023 project ready for immediate occupation
- • Strategic Selangor positioning near major commercial hubs
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.