lakeside-boulevard by Glomac
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Glomac
Location
Kuala Lumpur, Selangor
Type
Condominium/Apartment
Price
RM790k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Units starting from RM789,780 are competitively positioned for mid-range condominium segment in KL, though value assessment requires comparison with similar freehold developments; lack of specified completion timeline creates uncertainty in projecting returns and rental yield potential.
- •**Location & Connectivity**: Lakeside Boulevard's KL location offers urban accessibility, but the absence of nearby MRT connectivity is a significant disadvantage in a market where public transport proximity commands premium pricing and enhances long-term demand.
- •**Risk & Timing**: The absence of a specified completion date presents material risk regarding project delivery, funding certainty, and market conditions at handover; investors should exercise caution until clear timeline and development milestones are confirmed by the developer.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 61% above area median — premium pricing
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM2,500–3,400
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
6.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Selangor
Median Household Income
RM10,726/mo
DOSM 2024
Mean Household Income
RM13,296/mo
DOSM 2024
Households Above RM8k
~60%
Estimated for Selangor
Why Consider
- • Freehold tenure offers permanent ownership and strong asset security
- • Established developer Glomac brings credibility and quality construction standards
- • Lakeside location provides serene living with natural recreational amenities
- • Competitive pricing at RM789,780 offers strong value proposition
- • Kuala Lumpur address ensures high long-term appreciation potential
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.