the-goodwood-residence @ KL
Powered by verified data + DOSM
Generated 15 July 2026
Developer
UOA Development Bhd
Location
Kuala Lumpur, Kuala Lumpur
Type
Condominium/Apartment
Price
RM700k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM700,000 entry point for a freehold condominium in KL, the project offers competitive positioning within the mid-range segment; however, without specified unit sizes or detailed amenities comparison, value assessment remains incomplete and requires direct comparison with similar freehold developments.
- •**Location & Connectivity**: The absence of nearby MRT connectivity is a notable limitation for urban convenience; proximity to other transport modes and distance to commercial/business districts should be verified, as this significantly impacts long-term accessibility and rental/resale appeal for Kuala Lumpur standards.
- •**Risk & Timing**: The lack of specified completion date creates uncertainty for investors regarding possession timelines and market conditions at handover; combined with UOA Development's track record needing verification, buyers face timing risk that could affect financing arrangements and investment returns projections.
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
RM2,400–3,200
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
5.4x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| 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 |
|---|---|---|---|
| sentul-point-suite-apartments @ KL UOA Development Bhd | Sentul | RM360k | Completed |
| The Nobel Healthcare Park KL Wellness City | Bukit Jalil | RM366k | New Launch |
| Astana At Bamboo Hills by UOA UOA Development Bhd | Sentul | RM370k | Under Construction |
Why Consider
- • Prime KL location in established residential neighbourhood
- • Freehold tenure ensures long-term ownership value
- • UOA Development Bhd reputation for quality construction
- • Competitive RM700k price point for KL condominium
- • Strong capital appreciation potential in central location
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.