Property Review

Tuan Straits Residency

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

Location

Desa Petaling, Kuala Lumpur

Type

Service Residence

Price

RM567k+

Tenure

Leasehold

Completion

2030

NewProjek Verdict

  • **Pricing & Value**: Entry price of RM566,800 is competitive for a service residence in the Klang Valley, though unit sizes and facilities should be evaluated against comparable projects to assess value proposition relative to market standards.
  • **Location & Connectivity**: Desa Petaling offers mature residential infrastructure and road access, but the absence of nearby MRT connectivity is a notable disadvantage in an increasingly transit-oriented market, potentially limiting appeal to buyers prioritizing public transport accessibility.
  • **Risk & Timing**: The 2030 completion date presents moderate execution risk over an 6-year development period; leasehold tenure with no specified lease length should be clarified, as this impacts long-term asset appreciation and financing eligibility for future buyers.

NewProjek Score

7

Worth Considering

  • 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 PriceRM566,800
Kuala Lumpur MedianRM850,000
Priced 33% 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

RM1,900–2,600

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

4.4x

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

  • Established Desa Petaling location with mature amenities nearby
  • Affordable entry point into service residence market
  • Long completion timeline allows flexible payment schedules
  • Prime KL address for rental income potential
  • Service residence format ideal for investors seeking hassle-free management

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.