the-park-residences @ KL
Powered by verified data + DOSM
Generated 15 July 2026
Developer
UOA Development Bhd
Location
Kuala Lumpur, Kuala Lumpur
Type
Condominium/Apartment
Price
RM1.1 mil+
Tenure
Freehold
Completion
2010
NewProjek Verdict
- •**Value & Pricing**: RM1.1 million entry price positions the project in the mid-to-upper segment for KL condominiums; pricing appears market-competitive for freehold tenure, though actual value depends on unit size, finishes, and amenities which require detailed comparison with similar developments.
- •**Location & Connectivity**: The project's KL location provides urban accessibility; however, the absence of nearby MRT connectivity is a notable disadvantage compared to transit-oriented developments, potentially limiting appeal to buyers prioritizing public transportation and may impact long-term rental demand.
- •**Risk & Timing**: The absence of a specified completion date represents a material risk factor—delays could affect buyer timelines and financing arrangements; investors should seek clarity on construction timeline and obtain contractual protections regarding completion schedules before commitment.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 29% above area median
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
RM3,700–5,100
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
8.5x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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
Why Consider
- • Prime Kuala Lumpur location with excellent urban accessibility
- • Freehold tenure ensures long-term ownership and asset value
- • Reputable UOA Development Bhd developer with proven track record
- • Strong investment potential in Malaysia's capital city market
- • Competitive RM1.1M price point for KL condominium investment
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.