Property Review

aster-hill-sri-petaling @ KL

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

UOA Development Bhd

Location

Sri Petaling, Kuala Lumpur

Type

Condominium/Apartment

Price

RM498k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM498,000 entry price with freehold tenure, Aster Hill offers competitive positioning within the Sri Petaling mid-range market, though pricing appears moderate relative to comparable developments and may reflect the absence of nearby MRT connectivity as a limiting factor.
  • **Location & Connectivity**: Sri Petaling provides established residential infrastructure and road accessibility via major arterial routes; however, the lack of MRT proximity is a notable disadvantage for commuters, limiting appeal to those prioritizing public transportation convenience compared to newer developments along transit corridors.
  • **Risk & Timing**: Project completion timeline is unspecified, creating uncertainty around delivery schedules and market conditions; early-stage investors should clarify phasing details with the developer, and buyers should monitor broader KL property market cycles, as non-MRT locations face longer absorption periods during market downturns.

NewProjek Score

8

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

4.1x

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

RM10,234/mo

DOSM 2022

Mean Household Income

RM13,325/mo

DOSM 2022

Households Above RM8k

~58%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
M Luna

Mah Sing Group

KepongRM295kRecently Completed
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Ria Bangsar SouthBangsar SouthRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Established Sri Petaling neighbourhood with mature amenities and infrastructure
  • Freehold tenure ensures long-term ownership and asset appreciation
  • Reputable UOA Development Bhd delivers quality residential projects
  • Affordable entry price at RM498k for KL location
  • Strong rental demand in popular residential area

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.