Wellington Garden, 2-Storey Terrace @ Eco Grandeur, Puncak Alam, Selangor
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Puncak Alam, Selangor
Type
Landed House
Price
RM698k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Pricing & Value**: At RM698,000 for a 2-storey terrace in Puncak Alam, the entry price is competitive for landed property in this tier; however, value assessment is limited without specifications on built-up area, land size, and finishes—clarification needed to determine if pricing aligns with comparable properties in the vicinity.
- •**Location & Connectivity**: Puncak Alam offers suburban living with developing infrastructure, but the absence of nearby MRT connectivity is a significant constraint for commuters; reliance on personal vehicles and road networks may limit appeal to buyers seeking convenient public transport access to employment centers.
- •**Risk & Timing**: Critical information gaps including unspecified tenure type, completion timeline, and developer details present execution and ownership clarity risks; prospective buyers should verify these fundamentals and assess market absorption rates in this emerging area before committing, as delayed completions are not uncom
NewProjek Score
5.3
Moderate
- • Developer verification status not confirmed
- • Priced 27% above area median
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
RM2,200–3,000
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
5.4x
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
- • Strategic location in Puncak Alam, growing residential township
- • Affordable terrace house at RM698,000 entry price point
- • Eco-friendly development with modern amenities and green spaces
- • Strong investment potential in expanding Selangor property market
- • Well-connected to Shah Alam and Kuala Lumpur corridors
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.