the-park-residences @ KL
Powered by verified data + DOSM
Generated 31 May 2026
Developer
UOA Development Bhd
Location
Kuala Lumpur, Kuala Lumpur
Type
Condominium/Apartment
Price
RM1.1 mil+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry point of RM1.1 million is positioned at mid-to-upper segment for KL condominiums; competitive within central locations but pricing justification depends on unit size, finishes, and amenities—requires comparison with similar freehold developments for true value assessment.
- •**Location & Connectivity**: Central KL location offers urban convenience and accessibility; however, absence of nearby MRT connectivity is a notable limitation in an era of transit-oriented development, potentially affecting long-term appeal and rental yield compared to MRT-proximate alternatives.
- •**Risk & Timing**: Lack of specified completion date introduces uncertainty regarding delivery and market conditions at handover; this ambiguity poses timing risk for both owner-occupiers and investors, particularly in a market sensitive to project delays and interest rate cycles.
NewProjek Score
6.8
Moderate
- • 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
9.0x
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
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Why Consider
- • Freehold tenure in prime Kuala Lumpur location
- • Established developer UOA Development Bhd with strong track record
- • Central KL location offers excellent connectivity and accessibility
- • Strong investment potential in high-demand urban market
- • Competitive pricing for premium condominium in city centre
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.