Property Review

Lakeside Mansions @ Sunway City Ipoh

Powered by NAPIC + DOSM data

Generated 29 April 2026

← Back to listing
Executive Summary

Developer

Sunway Property

Location

Ipoh, Perak

Type

Bungalow

Price

RM3.1 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM3.12M positioning places this in the upper-tier residential segment for Ipoh; pricing appears competitive relative to comparable gated bungalow developments in the region, though appreciation potential is moderate given the established nature of Sunway City.
  • **Location & Connectivity**: Situated within Sunway City Ipoh's integrated township offers convenience with shopping and amenities on-site; however, the absence of MRT connectivity limits accessibility to Kuala Lumpur and regional centers, relying primarily on highway access via North-South Expressway.
  • **Risk & Timing**: Critical gaps in publicly available information (tenure clarity, completion timeline, occupancy rate) present due diligence challenges for investors; market absorption rates for luxury bungalows in Ipoh remain slower than metropolitan markets, warranting careful timing consideration.

NewProjek Score

6.5

Moderate

  • Verified developer with established track record
  • Priced 875% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM3,120,000
Perak MedianRM320,000
Priced 875% above area median

Perak — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM255,000
2022RM261,000+2.4%
2023RM267,000+2.3%
2024RM274,000+2.6%
2025RM280,000+2.2%
Investment Analysis

Est. Monthly Rental

RM8,800–12,000

Based on similar properties in Perak

Gross Rental Yield

3.5%–4.5%

Annual rental / property price

Area Price Trend

+9.8%

NAPIC data 2021–2025

Price-to-Income

57.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milNo
RM20,000RM3.2 milStretch

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Perak

Median Household Income

RM4,494/mo

DOSM 2022

Mean Household Income

RM5,779/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Perak

Why Consider + Risk Factors

Why Consider

  • Located in Ipoh, Perak
  • By Sunway Property

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
🔒

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.