If you’re earning about RM3,500 monthly, the property market might seem out of reach, but it’s not. Let’s take a closer look at the numbers and some potential property options in Kuala Lumpur that might just end up being your first or next property purchase.
Buying a property is a big leap, but it can also be an exciting one. This guide aims to help you find a place that could possibly fit your budget and lifestyle. We’ll take a look at some new properties in Kuala Lumpur that young professionals or families could call home sweet home.
But first, let’s do some maths.
Salary Insights: What Can You Afford?
According to the Department of Statistics Malaysia (DOSM), the median monthly salary for formal sector workers in Malaysia reached RM2,844 as of March 2024. In the Klang Valley, wages are higher, with Kuala Lumpur at RM4,256 per month, and Selangor at RM3,164 per month.
As there are a lot of Selangorians working in KL, and vice-versa, we’ll take the median monthly income of these two areas, which comes to RM3,710. Next, to arrive at the properties in Kuala Lumpur that you could consider from that price point, let’s calculate how much your property budget could be.
RM3,710 (gross income) – 20% (EPF, SOCSO, and PCB) = RM2,968 (net income)
By the way, when we say maths, we’re referring to the PropertyGuru Home Loan Calculator. So, how much home loan can you borrow with approximately RM2,077.60?
By the way, when we say maths, we’re referring to the PropertyGuru Home Loan Calculator. So, how much home loan can you borrow with approximately RM2,077.60?
It’s about RM469,000. This is assuming that your home loan has:
- An interest rate of 4%
- Repayment period of 35 years
- 10% down payments at RM46,900
So, if the down payment is 10% (RM46,900), this means that you can search for properties that are priced around RM515,900 (RM469,000 + RM46,900). Do also bear in mind that there are other costs involved. So, be sure to pay close attention to your budget, budget, budget.
iProperty Transaction Prices data showed that the median transacted price for Selangor is RM470,000, while the median transacted price for KL City is RM420,000.
So the RM515,900 based on the median income of those in Kuala Lumpur and Selangor is slightly higher than the median transacted prices in those areas. With that figure in mind, let’s now explore new properties in the Klang Valley.
1. Tuju Residences
| Location | Jalan Kuching, KL |
| Developer | Distinctive World Sdn Bhd, a joint venture between Distinctive Capital Sdn Bhd and Eccaz Sdn Bhd |
| Property Type | Service Apartment |
| Tenure | Leasehold (Commercial Title) |
| Total Units | 932 (2 towers, 41 storeys) |
| Built-up Sizes | 710 sq ft – 1,442 sq ft |
| Expected Completion | 2027 |
| Selling Price | From RM440,960 |
The RM750 million Tuju Residences sits on a 4.52-acre leasehold land. It comprises two 41-storey apartment towers (Towers A and B), and a nine-storey annex block with 38 units of one- and two-storey retail spaces, electric vehicle-ready car park bays, and recreational facilities.
In total, there are 932 units (466 in each tower) that range from 710 sq ft to 1,442 sq ft. With an average selling price of RM650 per sq ft, those earning RM3,710 could consider Type A units (710 sq ft).
- Type A / Aa: 1 bedroom, 1 study, 1 bathroom
- Type A1 / A1a: 1 bedroom, 1 bathroom
- Type A2 / A2a: 1 bedroom, 1 bathroom
Type A1 is elderly- and disabled-friendly, with features such as wheelchair-accessible bathrooms, and panic buttons that are connected to the guard house. There will also be panic buttons in the common areas and car parks.
Facilities are located across 3 levels – Level 9 (Annexe Block), Level 6 (Tower Blocks), and Level 41 (Sky Roof). Some of the facilities include a basketball court, badminton court-cum-multipurpose hall, playground, sauna, swimming pools, Jacuzzi, camping garden, games room, various nooks, swing garden, sky dining space, reading lounges, air hockey, and hammock garden, among others.
Tuju Residences also has green features such as ledges and fins on the building’s facade as solar shading devices, LED lights in common areas for energy efficiency, rooftop solar panels to harness renewable energy, rainwater harvesting system to reduce water consumption for common landscape usage, and green landscaping to minimise air and noise pollution.
The developer aims to also have an EV-powered shuttle bus to provide short-distance transportation for residents of Tuju Residences. This shuttle bus will bring residents to the nearest transit points, Publika Shopping Gallery, and other destinations.
The retail units at the annex block is a good addition, since the surrounding neighbourhood of Tuju Residences consists of light industrial businesses. A diverse tenant mix for the retail spaces is expected to cater to the residents’ daily needs.
Tuju Residences is accessible via Jalan Kuching and highways such as the Duta-Ulu Kelang Expressway (DUKE), PLUS Highway, SPRINT Highway, New Klang Valley Expressway (NKVE), Damansara Link, and Penchala Link.
The entire development is expected to be completed in 2027, and once Tuju Residences is completed, the developer plans to develop another project adjacent to it.
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2. The Vesta
| Location | Setiawangsa, KL City Centre |
| Developer | SkyWorld Development Bhd |
| Property Type | Service Residence |
| Tenure | Leasehold (Commercial Title) |
| Total Units | 1,001 (2 blocks, 44 storeys) |
| Built-up Sizes | 715 sq ft – 1,125 sq ft |
| Expected Completion | 2027 |
| Selling Price | From RM408,000 |
The 2.08-acre Vesta Residences is located at SkySierra in Setiawangsa. Unit sizes range from 715 sq ft to 1,125 sq ft, with flexibility that allows for personalised living spaces that can comfortably cater to everyone, whether you’re a working professional, a young couple, or part of a multi-generational family.
The bedrooms will be designed with outward-facing views, so that residents can wake up to stunning vistas and to embrace the natural beauty of its surroundings. The layout types include:
- Type A: 715 sq ft (2 bedrooms, 2 bathrooms)
- Type B: 1,000 sq ft (3 bedrooms, 2 bathrooms)
- Type C: 1,125 sq ft (3+1 bedrooms, 3 bathrooms)
The interiors are spacious with 6m-wide living and dining halls. Not just that, The Vesta Residences will feature 5.6m to 6m wide-angle balconies, where residents can step out to unwind and connect with nature.
In addition to the regular facilities, The Vesta Residences has unique features such as personal lockers at the car park area, designated bicycle parking areas, hidden resting pods, and the SkyWorld Connects app.
The interiors are spacious with 6m-wide living and dining halls. Not just that, The Vesta Residences will feature 5.6m to 6m wide-angle balconies, where residents can step out to unwind and connect with nature.
In addition to the regular facilities, The Vesta Residences has unique features such as personal lockers at the car park area, designated bicycle parking areas, hidden resting pods, and the SkyWorld Connects app.
The Vesta Residences aims to prioritise sustainability and a healthy way of life, as it is developed to be in compliance with QLASSIC and GreenRE. It features electric car charging stations and automated waste management systems to encourage a cohesive effort to reduce its environmental footprint, all while ensuring efficient delivery of water and energy to residents.
Its design also allows for ample natural daylight, creating a balance between thermal comfort and cross-ventilation.
Developed by SkyWorld Development, The Vesta Residences also sits at the crossroads of convenience and accessibility. Residents will be just 6km away (short 10-minute drive) from the KL city centre and 8km from TRX, with easy access to other parts of the city via Duta-Ulu Kelang Expressway (DUKE), Setiawangsa–Pantai Expressway (SPE), Sungai Besi–Ulu Klang Elevated Expressway (SUKE), Ampang–Kuala Lumpur Elevated Highway (AKLEH), Middle Ring Road 2 (MRR2), Jalan Taman Setiawangsa, Jalan AU2, Jalan Setiawangsa, and Jalan Jelatek.
For public transport, there’s the upcoming AU2 MRT station within walking distance, and the Setiawangsa LRT station about 1.5km away. So, commuting is expected to be an effortless feat for residents at The Vesta Residences.
Residents of The Vesta Residences will be within walking distance (100m) from AEON Mall AU2, and a 5km drive to Suria KLCC and Great Eastern Mall. Other amenities within a 4km radius include Giant Supermarket Setiawangsa, SK Setiawangsa, SMK Taman Keramat, Brighton International School, Fairview International School, ST Rosyam Mart, Gleneagles Medical Centre, and Taman Tasik Datuk Keramat.
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3. M Nova
| Location | Kepong, Kuala Lumpur |
| Developer | Mah Sing Group Berhad |
| Property Type | Service Apartment |
| Tenure | Leasehold |
| Total Units | 1,248 (3 towers) |
| Built-up Sizes | 700 sq ft – 1,000 sq ft |
| Expected Completion | 2028 |
| Selling Price | From RM328,000 |
M Nova is a mixed-use development that includes three towers (Towers A, B, and C) of residential units, and 11 retail lots and one with a drive-through element. It is developed by the renowned Mah Sing Group and it sits on a 8.09-acre leasehold land in Kepong. M Nova is the developer’s third project in Kepong, following Lakeville Residence, and M Luna.
M Nova has a gross development value (GDV) of RM790 million and the serviced residences has three layouts:
- Type A: 700 sq ft (2 bedrooms, 2 bathrooms)
- Type B: 850 sq ft (3 bedrooms, 2 bathrooms)
- Type C: 1,000 sq ft (4 bedrooms, 2 bathrooms)
According to the developer, M Nova is intended for urban-sized families looking for a comfortable living experience inside Greater Kuala Lumpur. Some of its facilities include a swimming pool, badminton court, co-working space, e-hailing pickup/drop-off point, dedicated car park ramp, jogging track and bicycle parking.
The development also adopts green features such as EV charging stations, delivery parcel lockers, and automated waste collection system.
The project is in good company, as it’s located within well-established neighbourhoods of Kepong, Taman Selayang Jaya, Batu Caves, Bandar Menjalara, Segambut, Taman Seri Gombak, and Sentul. Additionally, it is just about 12.9km from KL City Centre.
For views, residents will be treated to the sights of Batu Caves and Bukit Lagong Forest Reserve, which are located near the Forest Research Institute Malaysia (FRIM). There’s also the 235-acre Kepong Metropolitan Park, which has a 140-acre lake. The best part? The park is only 2km away.
M Nova is also highly accessible as it’s located next to the MRR2-Jalan Kuching interchange, Duta-Ulu Kelang Expressway (DUKE), and North-South Expressway (NSE).
There are many amenities near M Nova such as schools, hospitals, and public transport (Taman Wahyu KTM station, MRT2 station). Residents can also enjoy retail conveniences at Pasar Borong Selayang (1.2km), Selayang Mall (3.6km), Lotus’s Selayang (4.2km), Brem Mall (5.2km), AEON BiG Kepong (7km), and AEON Mall Metro Prima (7.3km), as well as access to hospitals such as Hospital Selayang (3.7km).
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4. Tuan Heritag3 Residency
| Location | Segambut, Kuala Lumpur |
| Developer | CPI Land Sdn Bhd |
| Property Type | Service Residence |
| Tenure | Freehold (Commercial Title) |
| Total Units | 1,269 (1 block, 45 storeys) |
| Built-up Sizes | 820 sq ft – 1,026 sq ft |
| Expected Completion | 2028 |
| Selling Price | From RM511,400 |
Located in Segambut, the 3.65-acre Tuan Heritag3 pays tribute to retro glamour while incorporating timeless beauty and sophisticated design. It had its soft launch in May 2024.
This single-block, 45-storey development houses a total of 1,269 serviced apartments with built-ups ranging from 820 sq ft to 1,026 sq ft (with a private terrace). For those with an monthly income of RM3,700, the best option would be to go for the 820 sq ft unit.
- Type A & C: 820 sq ft (3 bedrooms, 3 bathrooms)
- Type B & D (Corner): 820 sq ft (3 bedrooms, 3 bathrooms)
- Type A/G & C/G: 1,026 sq ft (3 bedrooms, 3 bathrooms)
- Type B/G & D/G (Corner): 1,026 sq ft (3 bedrooms, 3 bathrooms)
All units in Tuan Heritag3 Residency come with a balcony, two parking bays, and are semi-furnished with kitchen cabinets, hob and hood, air conditioners, water heaters, bathroom white ware, door grille, and digital lock. Semi-furnished units also make it easier for residents to move in. All that’s needed are some loose furniture.
Tuan Heritag3 Residency is the third development in the Tuan series – Tuan Residency and Tuan 2egacy Residency. Like the other two Tuan projects, Tuan Heritag3 Residency has a British colonial design element, highlighting the concept of the railway station as it is a transit-oriented development (TOD).
There will be a real, working clock hanging on the building, akin to the clock tower in a typical British train station. While this sounds fancy, the developer still keeps practicality throughout the development, with long-term maintenance in mind.
Tuan Heritage3 Residency’s facade will be predominantly white, with high ceilings in the common areas, and Victorian-style metal frames that require minimum maintenance. All these certainly sound charming, don’t they?
Tuan Heritag3 Residency is developed by CPI Land, and they’ve mentioned that they package their products like a ‘combo meal’, meaning that they bundle key elements that purchasers want, such as prime location, competitive pricing, top-notch facilities, appealing concepts, and essential amenities.
Targeting first-time homebuyers, young professionals and small families, Tuan Heritag3 Residency will include facilities that cater for the demands of these purchasers, including a games room with snooker table, sky lounge with karaoke system, private room with gourmet kitchen, swimming pool, badminton court, futsal court, children’s playground, sky gym, multipurpose hall, parcel/food delivery area, 20 electric vehicle (EV) charging bays, and co-working space with WiFi.
Tuan Heritag3 Residency is located in a mature neighbourhood and close to the Segambut KTM station and the upcoming Jalan Kuching MRT station. Additionally, the development is near other mature areas such as Mont’Kiara, Bangsar, and Bukit Damansara.
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5. PV 22 Residences
| Location | Setapak, Kuala Lumpur |
| Developer | Platinum Victory Development Sdn Bhd |
| Property Type | Apartment Suites |
| Tenure | Leasehold (Commercial Title) |
| Total Units | 2,082 (2 blocks, 48 storeys) |
| Built-up Sizes | 490 sq ft – 1,300 sq ft |
| Expected Completion | 2028 |
| Selling Price | From RM373,000 |
Platinum Victory launched their mixed development, PV22 Residences (PV22), in July 2024. It showcases a concept of balanced urban living, and it is located in Setapak. The project has an estimated gross development value (GDV) of RM1.3 billion.
The leasehold development offers 2,082 units of apartments suites over two blocks and a commercial component comprising 57 units of two-storey retail units or 115,000 sq ft of retail space.
The apartment suites will come in built-ups ranging from 490 sq ft to 1,300 sq ft, with prices starting from RM373,000.
- Type A: 490 sq ft (1 bedroom, 1 bathroom)
- Type B: 700 sq ft (2 bedrooms, 2 bathrooms)
- Type C: 800 sq ft (2 bedrooms, 2 bathrooms)
- Type C1: 830 sq ft (3 bedrooms. 2 bathrooms)
- Type D: 1,000 sq ft (3 bedrooms, 2 bathrooms)
- Type E: 1,300 sq ft (3 bedrooms, 3 bathrooms)
- Type E1: 1,300 sq ft (3 bedrooms, 3 bathrooms)
PV22 is set to appeal to young urbanites looking for starter homes, families with young children, empty nesters, and those living with the elderly or disabled. The residences will have dual-key units, ideal for multigenerational families, and larger bathrooms to accommodate wheelchair-bound residents and the option to install bathtubs.
PV22’s design prioritises accessibility for wheelchair users, individuals pushing baby strollers, and families transporting groceries in shopping trolleys. These ramps will be available throughout PV22.
For leisure, residents have access to various facilities for a healthy lifestyle, including a gymnasium, herb garden, infinity pool, indoor games, reflexology path, putting green, sunken lawn, scent garden, pavilion, playground, and more.
The development’s commercial centre, The Palette, will provide residents with daily conveniences such as food and beverage, wellness centres, grocers, and more.
These offerings would be in addition to the amenities available within the mature neighbourhood of Setapak, such as SJK (C) Wangsa Maju, SJK (C) Mun Yee, SK Danau Kota, SK Taman Setia, SMK Danau Kota, SMK Taman Melati, Tunku Abdul Rahman University College (TARUC), Columbia Asia Hospital Setapak, KPJ Tawakkal Specialist Hospital and Hospital Kuala Lumpur (HKL).
For shopping and daily necessities, residents can choose from Giant Setapak, M3 Mall, KL East Mall, Platinum Walk, AEON BiG, Setapak Central Mall, Wangsa Walk, and Melawati Mall, all of which are within a 4km radius.
PV22 is located near three LRT stations – Wangsa Maju, Sri Rampai, and Taman Melati, and is accessible via Jalan Genting Klang, Jalan Gombak, Jalan Taman Melati, Setiawangsa-Pantai Expressway (SPE), Jalan Genting Kelang, and the Middle Ring Road 2 (MRR2).
With the convenience of city living and the comfort of a well-designed, high-quality space, PV22 Residences in Setapak could establish a new standard for urban lifestyle housing within the area.
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6. Bamboo Hills Residences
| Location | Segambut, Kuala Lumpur |
| Developer | UOA Group |
| Property Type | Suite Apartment |
| Tenure | Freehold |
| Total Units | 755 (51 storeys) |
| Built-up Sizes | 603 sq ft – 904 sq ft |
| Expected Completion | 2028 |
| Selling Price | From RM402,000 |
Bamboo Hills Residences is located within the 27.51-acre Bamboo Hills development in Segambut. The 9.8-acre residences is a three-block project with 2,517 suite apartments, and a 2½ -storey retail podium.
The retail podium has a net lettable area of 150,000 sq ft and it will be managed and owned by UOA Development. The first phase will have 755 units with built-ups ranging from 603 sq ft to 904 sq ft. The suite apartment offers these built-up options:
- Type A1 & A2: 603 sq ft (2 bedrooms, 1 bathroom)
- Type B1: 743 sq ft (2 bedrooms, 2 bathrooms)
- Type B2: 732 sq ft (2+1 bedrooms, 2 bathrooms)
- Type C1, C2, C3, C4 and C5: 904 sq ft (3 bedrooms, 2 bathrooms)
All units will have a balcony and will be partly furnished with kitchen cabinets, a hood and hob, water heater, a digital lock for the main door, and air-conditioning for the bedrooms and living room. Each unit will also have one to two parking bays. There will be an electric-vehicle charging dock for residents.
Bamboo Hills Residences will offer three facility zones (splash, active and garden zones) across the podium deck, which will comprise a lower and upper deck on levels 8 and 8M respectively. There’s also rooftop sky lounges on the towers.
Modern facilities at Bamboo Hills Residences include a jogging track that runs from the lower to the upper deck, hydro gym, chill-out area, lazy river, sunken garden, playground, children’s playroom, computer and reading room, indoor games room, combat gym, trampoline park, basketball court, rock climbing, table tennis, pickleball court, badminton court, edible garden deck, outdoor dining, herb garden and gourmet pavilion, among others.
As for amenities close to Bamboo Hills Residences, there are educational institutions (Chong Hwa Independent High School, SMK Dato Ibrahim Yaakob, SJKC (C) Mun Chong, Hibiscus International School), and medical centres (Global Doctors Specialist Centre, ParkCity Medical Centre @ Desa ParkCity, Damansara Specialist Hospital 2).
Developed by UOA Development Bhd, Bamboo Hills is located next to the Duta-Ulu Kelang (DUKE) Highway, which will connect residents to Mont’Kiara, Dutamas, Sentul, Kepong, Hulu Kelang, and Ampang. Additionally, Bamboo Hills is accessible via the Damansara-Puchong Expressway (LDP), and North-South Expressway (NSE).
Bamboo Hills is built as a transit-oriented development (TOD) as the developer plans to build a direct link bridge to the Kentonmen MRT station, which is seven stops from Persiaran KLCC, eight stops from Conlay and nine stops from TRX. The Kentonmen 4 MRT station is part of the MRT Putrajaya Line. Additionally, the KTM Batu Kentonmen station is close by.
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Guiding You Towards Purchasing A New Launched Property
The above are just six of the many options for those earning a monthly income of RM3,710. Take a look at PropertyGuru’s New Launch page for more property options that are approximately RM500,000.
All said and done, finding the right new launch can feel overwhelming. There are so many steps, rules, and financing options to consider. We totally understand how it feels, having been through it. We’re here to help you as much as we can, every step of the way.
PropertyGuru has various resources to guide you towards making confident decisions, whether you’re a first-time home buyer, upgrader, or investor.
Want more new launches in Kuala Lumpur, Selangor, Johor or Penang? Explore our Ultimate New Launches Guide now!
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Disclaimer: The information is provided for general information only. PropertyGuru International (Malaysia) Sdn Bhd makes no representations or warranties in relation to the information, including but not limited to any representation or warranty as to the fitness for any particular purpose of the information to the fullest extent permitted by law. While every effort has been made to ensure that the information provided in this article is accurate, reliable, and complete as of the time of writing, the information provided in this article should not be relied upon to make any financial, investment, real estate or legal decisions. Additionally, the information should not substitute advice from a trained professional who can take into account your personal facts and circumstances, and we accept no liability if you use the information to form decisions.