selayang-damai-residence @ KL
Powered by verified data + DOSM
Generated 1 June 2026
Developer
UOA Development Bhd
Location
Selayang, Kuala Lumpur
Type
Condominium/Apartment
Price
RM243k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM243,000 is competitive for the Selayang market segment, offering affordable accessibility; however, the absence of specified completion timeline creates uncertainty around actual delivery and potential cost escalations.
- •**Location & Connectivity**: Selayang provides established residential infrastructure and commercial amenities, but the absence of nearby MRT connectivity limits access to rapid transit, making it less attractive compared to developments along transit corridors despite reasonable road network proximity.
- •**Risk & Timing**: Primary concern is the lack of disclosed completion date, which raises red flags regarding project maturity and developer commitment; prospective buyers should verify financial viability and construction progress before commitment, as delayed delivery significantly impacts investment returns and occupancy timelines.
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
2.0x
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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
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 |
| M Luna Mah Sing Group | Kepong | RM295k | Recently Completed |
Why Consider
- • Established Selayang location with proven residential community appeal
- • Freehold tenure ensures long-term property ownership security
- • UOA Development's track record in quality residential projects
- • Strategic KL position for rental and capital appreciation
- • Accessible connectivity to major commercial and business hubs
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.