GEMS Residences, Sepang
IOI Properties Group Berhad · Condominium · Freehold · Completed
From RM 708,000 · 969–1,475 sq ft · 2–4 bed · Completion 2024
- 1Price against the areaRM 671+50% vs new launches nearby+135% vs completed condos
- 2The area+11.9%Change in Selangor house prices over the four years to Q1 2026 · Very high unsold supply in the state
- 3Other options at this price8other new launches within 15% of RM 671 per sq ft
- 4Cost and risksRM 86,040Cash upfront and RM 2,937 a month after that
GEMS Residences is a freehold condominium in Sepang, Selangor, by IOI Properties. The developer lists prices from RM708,000. Completed condos in Sepang had a NAPIC 2025 median of RM285 psf. Checked against the developer's website on · Developer's project page
Location
IOI Resort City, Sepang, Selangor
1GEMS Residences price compared with the area
Prices start from RM 650,000. With the smallest layout at 969 sq ft, that works out to about RM 671 per sq ft.
NAPIC recorded 9 completed condos in Sepang in 2025. Its entry price per sq ft is higher than every price NAPIC recorded in the area. New launches usually cost more per sq ft than completed condos nearby.
See the 9 completed condos NAPIC recorded in Sepang on the area page.
- Puteri Palma CondominiumRM 417
- Arena Residences 2RM 476
- GEMS ResidencesRM 671
Each developer's starting price divided by its smallest layout, unless the developer states a price per sq ft.
2The area
- DamansaraRM 535
- Subang JayaRM 738 · 10 launchesRM 469
- Bandar SunwayRM 434
- Kota DamansaraRM 674 · 3 launchesRM 432
- Petaling JayaRM 721 · 11 launchesRM 412
- Kelana JayaRM 400
- PuchongRM 631 · 13 launchesRM 399
- Shah AlamRM 585 · 9 launchesRM 350
- SerdangRM 325
- AmpangRM 322
- SepangRM 476 · 3 launchesRM 285
NAPIC 2025 data. Only areas with at least 5 recorded schemes are listed. Hover or tap an area for details.
House prices in Selangor rose 11.9% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Sepang page.
3Other options at this price
↑ Starting price
| Project | Entry psf | vs this |
|---|---|---|
| Danau PuchongPuchong | RM 673 | 0% |
| Mahogany ResidencesPetaling Jaya | RM 674 | 0% |
| Astra ResidencePuchong | RM 683 | +2% |
| Avantro ResidencesPuchong | RM 652 | -3% |
| Triara ResidencesPetaling Jaya | RM 699 | +4% |
| Trinity RainforaPuchong | RM 704 | +5% |
| Damayan ResidencesSubang Jaya | RM 704 | +5% |
| Emerald 9Cheras | RM 637 | -5% |
4Cost and risks
Starting priceRM 708,000
Monthly instalment
RM 2,937
Cash upfront (down payment and stamp duty)
RM 86,040
- Down payment
- RM 70,800
- Stamp duty on the transfer
- RM 15,240
- Loan amount
- RM 637,200
- Total interest over the loan
- RM 596,405
Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.
Things to check
- The project is completed. The price shown may be the launch price, so ask for the current price list.
- In Selangor a foreign buyer needs state consent and can only buy a unit priced at RM 2,000,000 or more.
Project details+
- Developer
- IOI Properties Group Berhad (joint venture)
- Location
- IOI Resort City, Selangor
- Property type
- Condominium
- Tenure
- Freehold
- Total units
- 676
- Blocks / towers
- Not stated by the developer
- Storeys
- Not stated by the developer
- Expected completion
- 2024
Private lift at doorstep · Assisted living features (selected units)
GEMS Residences floor plans and photos
Our take
- The entry price per sq ft is 135% above the median for completed condos in Sepang. Some of that gap is normal for a new building. We would compare it with other new launches in Sepang before paying a booking fee.
- Of the 3 new launches we track in Sepang, it has the highest entry price per sq ft.
- Other new launches at a similar price per sq ft: Danau Puchong (RM 673 psf), Mahogany Residences (RM 674 psf) and Astra Residence (RM 683 psf).
- Many completed condos in Selangor are still unsold. That can make a unit slower to resell or rent out.
- The project is completed, so you can view a finished unit before you buy.
More new launches in Sepang
Other new launches in Selangor
More new launches by IOI Properties
GEMS Residences: common questions
How much is GEMS Residences in Sepang?
The developer lists prices from RM 708,000, about RM 671 per sq ft for the smallest layout.
Is GEMS Residences freehold or leasehold?
The developer lists it as freehold.
When was GEMS Residences completed?
GEMS Residences was completed in 2024.
Can foreigners buy GEMS Residences?
Selangor sets a RM 2,000,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.
Sources
Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.