Property Review

Lake Point Residence @ Cyberjaya

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Cyberjaya, Selangor

Type

Serviced Apartment

Price

RM460k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry price of RM460,000 is competitive for serviced apartments in the Cyberjaya market, though value assessment is limited by unclear unit specifications, amenities, and developer track record; comparable projects in the vicinity should be evaluated to determine if pricing reflects market rate or premium positioning.
  • **Location & Connectivity**: Cyberjaya's established business park status provides stable tenant demand and economic anchoring, but the absence of nearby MRT connectivity is a significant drawback for long-term appreciation and tenant attraction, relying instead on car dependency and potential future public transport expansion plans that remain uncertain.
  • **Risk & Timing**: Critical project information gaps—including unspecified tenure (freehold vs. leasehold), completion timeline, and developer credentials—present material risks for investment decision-making; completion delays are common in Malaysian property development, and the serviced apartment sector faces headwinds from Airbnb

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Priced in line with area median
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM460,000
Selangor MedianRM490,000
Priced 6% 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

3.8x

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
MIRA at Shorea Park, PuchongPuchongRM250kNew Launch
Seri Kenanga @ Saujana Perdana, Sungai BulohSungai BulohRM250kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Cyberjaya, Selangor
  • By Developer

Risk Factors

  • 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.