Property Review

aster-hill-sri-petaling @ KL

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

UOA Development Bhd

Location

Sri Petaling, Kuala Lumpur

Type

Condominium/Apartment

Price

RM498k+

Tenure

Freehold

Completion

2027

NewProjek Verdict

  • **Value & Pricing**: Unit prices starting from RM498,000 offer competitive positioning within the Sri Petaling mid-range market segment, though pricing justification depends on unit size, finishes, and amenities relative to comparable developments in the vicinity.
  • **Location & Connectivity**: Sri Petaling provides established residential infrastructure with road connectivity to major expressways; however, the absence of nearby MRT access limits public transportation convenience compared to developments along the LRT or MRT corridors, potentially restricting appeal to transit-dependent buyers.
  • **Risk & Timing**: The absence of a specified completion date introduces uncertainty regarding delivery timelines and market conditions at handover; freehold tenure mitigates long-term ownership concerns, but market absorption may be affected by the location's distance from mass rapid transit networks.

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
Market Price Analysis

Is this project priced fairly?

Developer PriceRM498,000
Kuala Lumpur MedianRM850,000
Priced 41% 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

RM1,700–2,300

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

3.8x

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
Ria Bangsar South

Malton Berhad

Bangsar SouthRM300kNew Launch
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Freehold tenure ensures long-term ownership security and appreciation
  • Sri Petaling established neighbourhood with mature amenities and community
  • Competitive pricing at RM498k for quality UOA development
  • UOA Development Bhd reputable developer with strong track record
  • Strategic location near commercial hub with rental demand potential

Risk Factors

  • Under construction — completion delays are possible
  • No MRT/LRT station listed nearby — may affect future demand
  • Large development — higher unit supply may slow capital appreciation

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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.