Property Review

Freehold Lakeside Condominium, Sanderling 2 @ Cyberjaya

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Cyberjaya, Selangor

Type

Condominium

Price

RM466k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry price of RM466,000 is competitive for a freehold condominium in the Cyberjaya market, though value assessment is limited without detailed unit specifications, amenities, or comparable property analysis in the immediate vicinity.
  • **Location & Connectivity**: Cyberjaya offers established commercial and residential infrastructure with proximity to major employment hubs; however, the absence of nearby MRT connectivity is a notable limitation for commuters relying on public transport, though the area benefits from road networks and potential future transit developments.
  • **Risk & Timing**: The lack of specified completion date presents uncertainty for buyers regarding project delivery timelines and market conditions at handover; investors should verify developer track record and obtain clear contractual commitments given the long-term nature of property investments in this phase of development.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM466,000
Selangor MedianRM490,000
Priced 5% below area median

Selangor — Median Condo Prices (NAPIC)

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

RM1,500–2,000

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

3.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Adiwarna, Villament Home (RSKU) @ Banting, SelangorBantingRM245kNew Launch
Seri Kenanga @ Saujana Perdana, Sungai BulohSungai BulohRM250kCompleted
MIRA at Shorea Park, PuchongPuchongRM250kNew Launch
Why Consider + Risk Factors

Why Consider

  • Freehold tenure offers long-term ownership security and appreciation potential
  • Cyberjaya location provides tech hub proximity and modern amenities
  • Lakeside setting enhances lifestyle appeal and property desirability
  • Competitive pricing at RM466k represents strong value proposition
  • Growing Cyberjaya area offers solid rental and resale potential

Risk Factors

  • Under construction — completion delays are possible
  • 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.