Verde | Type 1
Powered by verified data + DOSM
Generated 29 July 2026
Developer
SP Setia
Location
Selangor
Type
Residential
Price
RM720k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM719,800, Verde Type 1 offers competitive entry-level pricing for Selangor residential, though the value proposition depends on unit specifications and finishes which are not detailed; pricing appears positioned for first-time buyers and investors seeking affordability over premium positioning.
- •**Location & Connectivity**: The project's Selangor location lacks MRT proximity, potentially limiting accessibility for commuters reliant on public transport; viability depends on proximity to main highways, local amenities, and whether it serves secondary growth corridors where MRT absence is offset by road connectivity and development potential.
- •**Risk & Timing**: Absence of specified tenure (freehold/leasehold) and completion timeline creates uncertainty for investment planning and returns; buyers should clarify these critical details before commitment, as indefinite completion timelines and unclear tenure classification present moderate execution and resale risk.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 47% above area median — premium pricing
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM2,300–3,100
Based on similar properties in Selangor
Gross Rental Yield
4.0%–5.0%
Annual rental / property price
Area Price Trend
+8.9%
Verified data 2021–2025
Price-to-Income
5.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| RM7,000 | RM1.0 mil | Yes |
| 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 Selangor
Median Household Income
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Why Consider
- • By SP Setia
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.