Property Review

Connexion Conference Event Centre by UOA

Powered by verified data + DOSM

Generated 1 June 2026

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Executive Summary

Developer

UOA Development Bhd

Location

Bangsar South, Kuala Lumpur

Type

Commercial

Price

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing details remain undisclosed, limiting comparative valuation analysis; however, as a purpose-built conference facility by an established developer, it should command premium rates within the commercial events sector, though actual value proposition depends on final pricing structure and operational performance metrics.
  • **Location & Connectivity**: Bangsar South offers strong accessibility via major arterial roads and proximity to Kuala Lumpur's business district, but the absence of direct MRT connectivity is a notable limitation that may reduce appeal for international delegates and restrict long-term competitive positioning against newer developments with integrated public transport access.
  • **Risk & Timing**: Lack of specified completion date introduces execution risk and market timing uncertainty; the commercial events sector remains sensitive to economic cycles and post-pandemic demand recovery, requiring careful monitoring of occupancy projections and tenant commitments before investment commitment.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

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

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

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

Why Consider + Risk Factors

Why Consider

  • Bangsar South prime location with established commercial ecosystem
  • UOA Development's track record ensures quality construction
  • Freehold tenure provides long-term ownership security
  • Conference centre positioned for strong rental income potential
  • Strategic business hub location attracts corporate clientele

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.