Property Review

union-tower @ KL

Powered by verified data + DOSM

Generated 29 August 2026

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Executive Summary

Developer

UOA Development Bhd

Location

Kuala Lumpur, Kuala Lumpur

Type

Condominium/Apartment

Price

RM686k+

Tenure

Freehold

Completion

NewProjek Verdict

  • Value & Pricing: Pricing details remain undisclosed (TBA), making it difficult to assess competitiveness against comparable KL developments; freehold tenure is advantageous for long-term value retention, but final pricing transparency will be critical for investment evaluation.
  • Location & Connectivity: Central Kuala Lumpur location offers urban appeal and accessibility to commercial districts; however, the absence of nearby MRT connectivity is a notable limitation for public transport reliance, potentially impacting rental yield and resale appeal compared to MRT-proximate developments.
  • Risk & Timing: Unspecified completion timeline creates uncertainty regarding construction delivery and market entry timing; this ambiguity, combined with lack of pricing disclosure, suggests the project remains in early marketing phases and carries elevated execution risk for buyers requiring purchase certainty.

NewProjek Score

8

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM686,100
Kuala Lumpur MedianRM850,000
Priced 19% below area median

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

RM2,300–3,200

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

5.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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

RM10,802/mo

DOSM 2024

Mean Household Income

RM13,985/mo

DOSM 2024

Households Above RM8k

~61%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
Icon Residence @ Mont Kiara

Mah Sing Group

Mont KiaraRM350kCompleted
sentul-point-suite-apartments @ KL

UOA Development Bhd

SentulRM360kCompleted
The Nobel Healthcare Park KL Wellness CityBukit JalilRM366kNew Launch
Why Consider + Risk Factors

Why Consider

  • Prime Kuala Lumpur location with excellent urban connectivity
  • Freehold tenure ensures long-term property ownership security
  • Reputable developer UOA Development Bhd delivers quality projects
  • Strong investment potential in Malaysia's thriving capital city
  • Strategic KL address attracts robust rental and resale demand

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.