Property Review

East Bank by UOA

Powered by verified data + DOSM

Generated 16 July 2026

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Executive Summary

Developer

UOA Development Bhd

Location

Kuala Lumpur, Kuala Lumpur

Type

Condominium/Apartment

Price

RM500k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM500,000 positions this project competitively for first-time buyers and investors in the mid-range segment, though without specified completion date, cost certainty and potential for price escalation clauses remain unclear.
  • **Location & Connectivity**: Situated in central Kuala Lumpur but notably lacks immediate MRT access, which may limit appeal to commuters relying on public transport and could affect long-term rental yield compared to transit-oriented alternatives.
  • **Risk & Timing**: The absence of a stated completion timeline presents execution risk and prolongs capital lock-in; buyers should seek clarity on development schedule and obtain comprehensive contractual protections 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 PriceRM500,000
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

3.9x

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
M Luna

Mah Sing Group

KepongRM295kCompleted
SkyAwani 6 Residences @ Setapak, Kuala Lumpur

SkyWorld Development

SetapakRM300kNew Launch
Ria Bangsar South

Malton Berhad

Bangsar SouthRM300kNew Launch
Why Consider + Risk Factors

Why Consider

  • Prime Kuala Lumpur location with strong capital appreciation potential
  • Reputable UOA Development Bhd developer with proven track record
  • Freehold title ensures long-term ownership and asset security
  • Competitive RM500,000 entry price for KL condominium investment
  • Central location ideal for rental yields and resale value

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.