Property Review

sycamore @ KL

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

UOA Development Bhd

Location

Kuala Lumpur, Kuala Lumpur

Type

Condominium/Apartment

Price

RM190k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM190,000 is competitive for a freehold condominium in Kuala Lumpur, though per-unit pricing competitiveness cannot be fully assessed without unit size specifications; represents accessible pricing for first-time buyers and investors in the mid-market segment.
  • **Location & Connectivity**: Situated in central Kuala Lumpur with urban accessibility, but the absence of listed MRT connectivity is a notable limitation; reliance on alternative public transport (bus, monorail) or private vehicles may impact long-term desirability compared to MRT-proximate developments.
  • **Risk & Timing**: Completion timeline is not specified, creating uncertainty for investors regarding occupancy and ROI timelines; recommend clarification from UOA Development Bhd on project milestones before commitment, as extended timelines could affect market conditions and financing arrangements.

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 PriceRM190,000
Kuala Lumpur MedianRM850,000
Priced 78% 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

RM600–900

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

1.5x

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

RM10,234/mo

DOSM 2022

Mean Household Income

RM13,325/mo

DOSM 2022

Households Above RM8k

~58%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
Leederville Business Park by UOA

UOA Development Bhd

KepongRM183kUnder Construction
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Why Consider + Risk Factors

Why Consider

  • Located in Kuala Lumpur, Kuala Lumpur
  • Freehold title property
  • By UOA Development Bhd

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.