Property Review

camellia-serviced-suites @ KL

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

UOA Development Bhd

Location

Kuala Lumpur, Kuala Lumpur

Type

Condominium/Apartment

Price

RM410k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing and Value**: The entry price of RM410,000 is positioned at the mid-range for Kuala Lumpur serviced suites, offering reasonable value for investors seeking rental yield potential, though without specified completion date or unit specifications, long-term appreciation prospects remain uncertain.
  • **Location and Connectivity**: The property's KL location provides access to the metropolitan market, but the absence of nearby MRT connectivity is a notable disadvantage for tenant appeal and transportation convenience compared to developments near major transit hubs, potentially limiting occupancy rates.
  • **Risk and Timing**: The lack of a specified completion date presents significant execution risk and delays to investment returns, while the serviced suite model carries exposure to changing travel/hospitality demand; prospective buyers should seek clarity on project timeline and market conditions before commitment.

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 PriceRM410,000
Kuala Lumpur MedianRM850,000
Priced 52% 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

RM1,400–1,900

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

3.2x

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
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Arte Star

Arte Corp

Sungai BesiRM245kNew Launch
M Luna

Mah Sing Group

KepongRM295kCompleted
Why Consider + Risk Factors

Why Consider

  • Freehold tenure provides long-term ownership and investment security
  • Reputable developer UOA Development Bhd ensures quality construction
  • Prime Kuala Lumpur location offers excellent connectivity and accessibility
  • Serviced suites format provides rental income potential opportunities
  • Competitive pricing at RM410,000 presents strong value proposition

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.