📊 Property Review

the-park-residences @ KL

Powered by NAPIC + DOSM data

Generated 16 April 2026

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Executive Summary

Developer

UOA Development Bhd

Location

Kuala Lumpur, Kuala Lumpur

Type

Condominium/Apartment

Price

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing details remain unannounced (TBA), limiting comparative valuation assessment; final pricing strategy will be critical to determine competitiveness against similar freehold condominium offerings in the Kuala Lumpur market.
  • **Location & Connectivity**: The property lacks direct MRT access, which constrains accessibility and may reduce appeal to transit-dependent residents; proximity to alternative public transport, road networks, and commercial amenities requires clarification to assess true locational advantage.
  • **Risk & Timing**: Completion timeline is unspecified, creating uncertainty regarding delivery certainty and market conditions at handover; early-stage project maturity presents both development risk and potential timing risk if market conditions shift before launch.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

W.P. Kuala Lumpur — Median Condo Prices (NAPIC)

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

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

NAPIC data 2021–2025

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704k✅ Yes
RM7,000RM1.0 mil✅ Yes
RM10,000RM1.5 mil✅ Yes
RM15,000RM2.3 mil✅ Yes
RM20,000RM3.2 mil✅ Yes

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

Why Consider + Risk Factors

✅ Why Consider

  • Prime Kuala Lumpur location with excellent urban connectivity and accessibility
  • Freehold tenure ensures long-term ownership and property value appreciation
  • UOA Development Bhd reputation guarantees quality construction and reliable delivery
  • Central business district proximity offers strong rental yield potential
  • Strategic positioning in vibrant neighbourhood supports investment growth prospects

⚠️ 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 NAPIC, 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.