Connexion Conference Event Centre by UOA
Powered by verified data + DOSM
Generated 1 June 2026
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
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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
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.