selayang-damai-residence @ KL
Powered by verified data + DOSM
Generated 16 July 2026
Developer
UOA Development Bhd
Location
Selayang, Kuala Lumpur
Type
Condominium/Apartment
Price
RM243k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing of RM243,000 offers affordability for first-time buyers, though lack of specified completion date may impact valuation certainty and financing approval timelines.
- •**Location & Connectivity**: Selayang provides established residential infrastructure and proximity to Selayang Besar commercial hub, but absence of nearby MRT connectivity limits appeal to commuters relying on public transport compared to newer developments on transit lines.
- •**Risk & Timing**: Undefined completion timeline presents execution risk regarding market conditions and interest rates; investors should verify developer track record and obtain clear handover schedules before commitment, particularly given UOA Development's portfolio size.
NewProjek Score
8
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced below area median — potential value opportunity
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
RM800–1,100
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
1.9x
National avg: 6.8x
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
Similar projects in Kuala Lumpur
| Project | Location | Price From | Status |
|---|---|---|---|
| Leederville Business Park by UOA UOA Development Bhd | Kepong | RM183k | Under Construction |
| sycamore @ KL UOA Development Bhd | Kuala Lumpur | RM190k | Various |
| Arte Star Arte Corp | Sungai Besi | RM245k | New Launch |
Why Consider
- • Affordable entry price in established Selayang neighbourhood
- • Freehold tenure ensures long-term property ownership security
- • Reputable UOA Development Bhd developer with track record
- • Strategic location near commercial and residential hubs
- • Strong capital appreciation potential in growing KL area
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.