Property Review

union-tower @ 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

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Price details remain unconfirmed (TBA), limiting ability to assess competitive positioning and value proposition relative to comparable KL condominiums; pricing transparency is essential before making investment decisions.
  • **Location & Connectivity**: Union Tower's Kuala Lumpur location offers urban accessibility, though the absence of proximate MRT connectivity represents a notable disadvantage compared to transit-oriented developments; reliance on personal transport or alternative public transit may impact appeal and rental yields.
  • **Risk & Timing**: The unspecified completion timeline creates uncertainty regarding project execution and market entry; investors should clarify development schedules and obtain firm commitments before proceeding, particularly given the competitive KL residential market.

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 (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

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

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

Why Consider + Risk Factors

Why Consider

  • Freehold tenure in prime Kuala Lumpur central location
  • Developed by reputable UOA Development Bhd with proven track record
  • Strategic KL positioning offers strong long-term appreciation potential
  • Located in established neighbourhood with excellent urban connectivity
  • Premium condominium offering modern lifestyle in Malaysia's capital

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.

union-tower @ KL Property Report — Is It Worth Buying? | NewProjek | NewProjek