Property Review

Laman Idaman @ Bukit Jelutong

Powered by verified data + DOSM

Generated 16 July 2026

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Executive Summary

Developer

Sime Darby Property

Location

Shah Alam, Selangor

Type

Landed House

Price

RM2.2 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM2.2 million for freehold landed houses in Bukit Jelutong, pricing is competitive for Shah Alam's mid-to-upper segment, though buyers should verify specifications and built-up area against comparable properties in established townships like USJ or Damansara to assess true value proposition.
  • **Location & Connectivity**: Bukit Jelutong offers established residential infrastructure and proximity to commercial areas, but the absence of nearby MRT connectivity limits public transport options; accessibility depends primarily on car usage, which may impact long-term appeal as transit-oriented development becomes increasingly valued.
  • **Risk & Timing**: Primary concern is the unspecified completion timeline, which creates uncertainty for investors regarding occupancy and rental income projections; recommend clarifying delivery dates and obtaining contractual guarantees, particularly given market sensitivity to project delays in the current economic environment.

NewProjek Score

7.5

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced 300% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,200,000
Selangor MedianRM550,000
Priced 300% above area median

Selangor — Median Condo Prices (Verified)

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

RM7,000–9,500

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

Verified data 2021–2025

Price-to-Income

17.1x

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 milStretch
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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Established Shah Alam location with strong infrastructure connectivity
  • Reputable Sime Darby Property developer ensures quality construction
  • Freehold tenure provides long-term ownership and asset appreciation
  • Landed houses offer spacious living in suburban setting
  • Strategic location near commercial and educational amenities

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.