millennial-tower @ KL
Powered by verified data + DOSM
Generated 15 July 2026
Developer
UOA Development Bhd
Location
Kuala Lumpur, Kuala Lumpur
Type
Condominium/Apartment
Price
RM4.2 mil+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Pricing details are not yet available (TBA), limiting ability to assess competitiveness; prospective buyers should await official pricing to evaluate value against comparable developments in the Kuala Lumpur market.
- •**Location & Connectivity**: The project lacks direct MRT access, which is a significant connectivity disadvantage in central Kuala Lumpur where proximity to public transit is a key value driver; reliance on alternative transport modes may limit appeal to urban commuters.
- •**Risk & Timing**: Completion timeline is not specified, creating uncertainty around delivery schedules and potential delays; investors should seek clarity on project milestones and completion dates before committing, as prolonged timelines increase market and financial risk.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 394% above area median — premium pricing
Is this project priced fairly?
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
RM14,300–19,300
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
32.4x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | No |
| RM15,000 | RM2.3 mil | No |
| RM20,000 | RM3.2 mil | No |
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
- • Freehold tenure ensures long-term property ownership and value retention
- • Prime Kuala Lumpur location in Malaysia's most dynamic city centre
- • UOA Development Bhd brings established reputation and quality construction standards
- • Strategic central location offers excellent connectivity to business districts
- • Strong investment potential in high-demand metropolitan residential market
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • 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.