Summit @ Lagoon Residences, Johor
New LaunchFreehold

Summit @ Lagoon Residences, Johor

by M Summit GroupMasai, Johor

From

RM998k

Price From

RM998k

Built-Up

1,109 sqft

Price Insights

Developer Asking Price

RM899/sqft

Based on RM998k ÷ 1,109 sqft

Johor Market Range

RM300550/sqft

Q3 2025 median (high-rise residential)

Based on Masai, Johor market data, similar properties transact at RM300–RM550 psf. This project is priced above the area median — typical for new launches with premium finishes.

ReviewDo Your HomeworkBased on verified transaction data

Summit @ Lagoon Residences, Johor Review — Worth Buying?

NP Score

6.5/10

Moderate

Asking PSF

RM899

per sqft

The case for buying

  • Freehold tenure ensures long-term ownership and asset security
  • Strategic Masai location provides access to growing commercial hub
  • Competitive pricing at under RM1 million for modern living
  • Serviced apartment model offers rental income and lifestyle flexibility
  • M Summit Group reputation backed by established property development track record

The honest verdict

Pricing & Value

Unit prices starting from RM997,500 are competitive for serviced apartments in the Johor market, though the lack of premium amenities or MRT connectivity may limit appreciation potential compared to higher-priced developments in established corridors.

Location & Connectivity

Masai offers moderate accessibility via road networks to Johor Bahru's commercial hubs, but the absence of MRT proximity is a significant drawback for tenants and resale appeal, making it primarily suitable for car-dependent residents or investors targeting domestic workers and lower-income segments.

Risk & Timing

The absence of a specified completion date raises concerns about project delivery and cash flow timelines; combined with Masai's lower market visibility and reliance on serviced apartment rental demand, investors should verify developer track record and demand forecasts before commitment.

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  • Area income profile (DOSM)
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Project Details

Property Type

Serviced Apartment

Land Tenure

Freehold

Construction Status

New Launch

Bumi Discount

Not Available

Summit @ Lagoon Residences, Johor Video Tour

Watch a video tour of Summit @ Lagoon Residences, Johor in Masai, Johor. Serviced Apartment by M Summit Group.

Video sourced from YouTube. Not affiliated with the developer.

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Why Consider Summit @ Lagoon Residences, Johor?

Based on location data and market analysis

  • Freehold tenure ensures long-term ownership and asset security
  • Strategic Masai location provides access to growing commercial hub
  • Competitive pricing at under RM1 million for modern living
  • Serviced apartment model offers rental income and lifestyle flexibility
  • M Summit Group reputation backed by established property development track record

Investment Snapshot

Based on verified transaction data for Johor

Est. Monthly Rental

RM3,9005,300

Based on similar properties in Johor

Gross Rental Yield

5.0%–6.0%

Annual rental / property price

Airbnb Estimate

RM2,900/mo

RM155/night × 62% occupancy · 3.5% gross yield

See Airbnb guide →

Area Price Trend

+8.6%

Verified sold prices 2021–2025

Price-to-Income

10.8x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Johor (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history in Masai

Browse real verified transaction prices for nearby properties

Can I afford this?

Estimate only — actual bank approval depends on your credit profile and existing commitments.

Est. monthly repayment

RM 4,083/mo

Based on 10% down, 35yr tenure at 4.2% p.a.

52% Principal — RM 897,75048% Interest — RM 817,286

Minimum gross monthly income typically needed

RM 6,806/mo

Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.

Check with your real income →

Estimated cash needed upfront

Down payment (10%)RM 99,750
Stamp duty (MOT + loan)RM 28,414
Legal fees (SPA + loan)RM 21,453
Total upfrontRM 149,616

Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).

Full stamp duty & legal fee breakdown →
Property PriceRM 997,500
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of Summit @ Lagoon Residences, Johor?

Summit @ Lagoon Residences, Johor starts from RM998k. Contact the developer directly on NewProjek for the latest pricing.

Where is Summit @ Lagoon Residences, Johor located?

Summit @ Lagoon Residences, Johor is located in Masai, Johor, Malaysia.

Who is the developer of Summit @ Lagoon Residences, Johor?

Summit @ Lagoon Residences, Johor is developed by M Summit Group.

What type of property is Summit @ Lagoon Residences, Johor?

Summit @ Lagoon Residences, Johor is a Serviced Apartment development with Freehold tenure.

What is the construction status of Summit @ Lagoon Residences, Johor?

Summit @ Lagoon Residences, Johor is currently New Launch.

Berapa harga Summit @ Lagoon Residences, Johor?

Summit @ Lagoon Residences, Johor dijual bermula dari RM998k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

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M Summit Group

M Summit Group

Est. 2000Menara M Summit, George Town, Penang

Penang-born multidisciplinary group founded in 2000 that grew from construction into a property developer and hospitality provider in George Town, Penang.

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Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

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