Connexion Conference Event Centre by UOA
Powered by verified data + DOSM
Generated 16 July 2026
Developer
UOA Development Bhd
Location
Bangsar South, Kuala Lumpur
Type
Commercial
Price
TBA
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Positioning as a conference and event centre offers diversified revenue streams beyond traditional commercial use; however, the absence of published pricing limits assessment of value competitiveness relative to comparable commercial developments in the KL market.
- •**Location & Connectivity**: Bangsar South benefits from established infrastructure and proximity to business districts, though the absence of direct MRT connectivity may disadvantage the venue for large-scale events requiring high public transportation accessibility compared to centrally-located competitors.
- •**Risk & Timing**: The unspecified completion timeline and lack of operational clarity present execution risk; the commercial events sector remains sensitive to economic cycles and post-pandemic demand stabilization, warranting caution until detailed project specifications and market recovery indicators are confirmed.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
Is this project priced fairly?
Price comparison data not available for this project.
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
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 Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Why Consider
- • Bangsar South prime location with established commercial ecosystem
- • UOA Development Bhd track record of quality projects
- • Freehold tenure ensures long-term asset ownership and value
- • Strategic position near major business and financial hub
- • Conference centre uses support growing events and tourism sector
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.