Property Review

Lakeville Residence @ Taman Wahyu, KL

Powered by verified data + DOSM

Generated 31 May 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

  • **Value & Pricing:** RM325,000 entry price is competitive for the condominium segment in Kuala Lumpur, offering accessible pricing for first-time buyers and investors, though long-term appreciation will depend on market conditions and the developer's track record with Mah Sing Group's established reputation providing reasonable assurance on quality delivery.
  • **Location & Connectivity:** Taman Wahyu offers established residential convenience with nearby amenities, but the absence of direct MRT connectivity is a notable limitation; accessibility relies on alternative transport modes such as buses, personal vehicles, or potential future transit expansion, which may impact long-term demand and rental yields compared to MRT-proximate properties.
  • **Risk & Timing:** The unspecified completion date introduces scheduling uncertainty that warrants clarification with the developer; freehold tenure provides ownership security, but property buyers should verify the project's construction timeline, market absorption rates, and

NewProjek Score

8

Worth Considering

  • Developer verification status not confirmed
  • 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

2.6x

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

RM10,234/mo

DOSM 2022

Mean Household Income

RM13,325/mo

DOSM 2022

Households Above RM8k

~58%

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

  • Taman Wahyu established neighbourhood with mature infrastructure
  • Mah Sing Group reputable developer with strong track record
  • Freehold tenure provides long-term ownership security
  • Affordable entry price at RM325,000 for KL property
  • Strategic location near Kuala Lumpur city centre

Risk Factors

  • Under construction — completion delays are possible
  • 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.