Wellington Garden, 2-Storey Terrace @ Eco Grandeur, Puncak Alam, Selangor
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Puncak Alam, Selangor
Type
Landed House
Price
RM698k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Pricing & Value**: RM698,000 entry price is competitive for a 2-storey terrace in the Klang Valley, offering reasonable value for landed property; however, without specified tenure clarity (freehold vs leasehold), the long-term asset appreciation potential cannot be fully assessed.
- •**Location & Connectivity**: Puncak Alam is a developing suburban area with improving road infrastructure via Federal routes, but lacks direct MRT connectivity, making it dependent on private transport or future public transit plans; proximity to Klang and Shah Alam provides moderate accessibility to employment centers.
- •**Risk & Timing**: Project completion and tenure details are not publicly specified, creating uncertainty around delivery timelines and investment security; early-stage developments in peripheral locations carry elevated execution and market absorption risks that warrant confirmation from the developer before commitment.
NewProjek Score
5.3
Moderate
- • Developer verification status not confirmed
- • Priced 27% above area median
Is this project priced fairly?
Selangor — Median Condo Prices (NAPIC)
| 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%
NAPIC data 2021–2025
Price-to-Income
5.8x
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
RM9,983/mo
DOSM 2022
Mean Household Income
RM12,233/mo
DOSM 2022
Households Above RM8k
~56%
Estimated for Selangor
Why Consider
- • Located in Puncak Alam, Selangor
- • By Developer
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 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.