Property Review

Lakeside Mansions @ Sunway City Ipoh

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Sunway Property

Location

Ipoh, Perak

Type

Bungalow

Price

RM3.1 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM3.12M entry point positions this in the upper-middle segment for Ipoh bungalows; pricing appears market-competitive for a branded developer, though value assessment is constrained by missing tenure details and completion timeline information.
  • **Location & Connectivity**: Sunway City Ipoh offers established township amenities and retail proximity, but the absence of MRT connectivity limits appeal for those prioritizing public transport access; reliance on personal vehicles is essential for commuting to Kuala Lumpur or beyond.
  • **Risk & Timing**: Critical project details—land tenure, completion date, and delivery schedule—remain unspecified, creating execution and timeline uncertainty; prospective buyers should seek clarification on these fundamentals before commitment, particularly given the premium entry price.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • 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 (Verified)

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%

Verified 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

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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.