Property Review

Wellington Garden, 2-Storey Terrace @ Eco Grandeur, Puncak Alam, Selangor

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Puncak Alam, Selangor

Type

Landed House

Price

RM698k+

Tenure

Completion

NewProjek Verdict

  • **Pricing and Value**: Units priced from RM698,000 represent competitive positioning for landed 2-storey terraces in the Klang Valley suburban market, though value proposition depends on final built-up area and finishes, which require clarification against comparable projects in the RM600k-RM750k segment.
  • **Location and Connectivity**: Puncak Alam offers established residential amenities and township infrastructure, but the absence of nearby MRT connectivity limits public transport accessibility; reliance on personal vehicles is essential, though the location benefits from proximity to the Federal Highway corridor for commuters heading to central business districts.
  • **Risk and Timing**: Critical information gaps—including unspecified tenure type, completion timeline, and developer track record—present material risks; investors should verify land title classification (Bumiputera/non-Bumiputera) and obtain written completion dates before commitment, as these factors

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Priced 27% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM698,000
Selangor MedianRM550,000
Priced 27% above area median

Selangor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

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

5.8x

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 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 + Risk Factors

Why Consider

  • Strategic location in Puncak Alam, growing suburban area
  • Affordable terrace house at RM698,000 entry price
  • Eco-friendly development with modern amenities and facilities
  • Strong investment potential in developing Selangor corridor
  • Excellent value for first-time homebuyers seeking landed homes

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.