Tuai Timur @ Setia Alam, Shah Alam, nearby Bukit Raja & Setia Alam
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
SP Setia
Location
Setia Alam, Selangor
Type
Condominium
Price
RM498k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •Tuai Timur @ Setia Alam, Shah Alam, nearby Bukit Raja & Setia Alam by SP Setia is a Condominium development in Setia Alam, Selangor starting from RM498k.
- •With Freehold tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.
NewProjek Score
8.5
Strong Buy Signal
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced in line with area median
Is this project priced fairly?
Selangor — Median Condo Prices (NAPIC)
| 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
RM1,600–2,100
Based on similar properties in Selangor
Gross Rental Yield
4.0%–5.0%
Annual rental / property price
Area Price Trend
+8.9%
NAPIC data 2021–2025
Price-to-Income
4.2x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Seri Kenanga @ Saujana Perdana, Sungai Buloh | Sungai Buloh | RM250k | Completed |
| MKH Boulevard II @ Kajang MKH Berhad | Kajang | RM250k | Completed |
| MIRA at Shorea Park, Puchong | Puchong | RM250k | New Launch |
Why Consider
- • Established Setia Alam neighbourhood with proven track record
- • Reputable SP Setia developer ensures quality construction standards
- • Freehold tenure provides long-term ownership security and value
- • Competitive RM498k price point for growing Shah Alam area
- • Strategic location near Bukit Raja commercial hub expansion
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 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.