Property Review

Laelia II

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM600k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM600,000 entry price is competitive for Selangor residential market, though without specified tenure details (freehold/leasehold) and completion timeline, true value assessment is limited; comparable projects in the region range RM550k-RM750k depending on unit size and specifications.
  • **Location & Connectivity**: Absence of nearby MRT connectivity is a notable drawback for long-term accessibility, though SP Setia's established presence in Selangor suggests reasonable road infrastructure and future public transport planning; location suitability depends on proximity to employment centers and amenities not detailed in available information.
  • **Risk & Timing**: Non-disclosure of completion date and tenure type creates investment uncertainty; SP Setia's track record mitigates developer risk, but buyers should verify launch phase, construction timeline, and legal structure before commitment to assess holding period and exit liquidity realistically.

NewProjek Score

5.8

Moderate

  • Developer verification status not confirmed
  • Priced 22% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM600,000
Selangor MedianRM490,000
Priced 22% above area median

Selangor — Median Condo Prices (Verified)

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

RM1,900–2,600

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

5.0x

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

Why Consider + Risk Factors

Why Consider

  • By SP Setia

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.