Property Review

Lakeville Residence @ Taman Wahyu, KL

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

Mah Sing Group

Location

Taman Wahyu, Kuala Lumpur

Type

Condominium/Apartment

Price

RM325k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: Unit prices starting from RM325,000 are competitive for the condominium segment in Kuala Lumpur, offering reasonable value, though the absence of specified completion dates limits assessment of price-to-delivery predictability and potential appreciation timelines.
  • **Location & Connectivity**: Taman Wahyu offers established residential infrastructure with road access to major areas, but the lack of nearby MRT connectivity is a notable limitation that may restrict appeal to transit-dependent buyers and could impact long-term demand compared to MRT-proximate developments.
  • **Development Risk & Timing**: Mah Sing Group's established track record provides developer credibility; however, the non-disclosure of a completion timeline presents uncertainty regarding project progression, funding security, and buyer cash flow planning, warranting clarification before commitment.

NewProjek Score

9.5

Strong Buy Signal

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM325,000
Kuala Lumpur MedianRM850,000
Priced 62% below area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM1,100–1,500

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

Verified data 2021–2025

Price-to-Income

2.5x

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 Kuala Lumpur

Median Household Income

RM10,802/mo

DOSM 2024

Mean Household Income

RM13,985/mo

DOSM 2024

Households Above RM8k

~61%

Estimated for Kuala Lumpur

Comparable Projects

Similar projects in Kuala Lumpur

ProjectLocationPrice FromStatus
Leederville Business Park by UOA

UOA Development Bhd

KepongRM183kUnder Construction
sycamore @ KL

UOA Development Bhd

Kuala LumpurRM190kVarious
selayang-damai-residence @ KL

UOA Development Bhd

SelayangRM243kVarious
Why Consider + Risk Factors

Why Consider

  • Established Taman Wahyu neighbourhood with mature amenities and infrastructure
  • Reputable Mah Sing Group developer ensuring quality construction standards
  • Freehold tenure provides long-term ownership security and appreciation
  • Competitive RM325k price point for KL metropolitan area
  • Strong rental demand potential in accessible residential location

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 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.