Property Review

Lanai Lakeside @ Bandar Bukit Raja

Powered by verified data + DOSM

Generated 16 July 2026

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Executive Summary

Developer

Sime Darby Property

Location

Klang, Selangor

Type

Landed House

Price

RM1.9 mil – RM2.5 mil

Tenure

Freehold

Completion

2027

NewProjek Verdict

  • **Value & Pricing**: At RM1.87M for freehold landed houses in Bandar Bukit Raja, the pricing is competitive for the Klang market, though buyers should verify per-unit specifications and compare against nearby developments to assess true value relative to built-up area and finishes.
  • **Location & Connectivity**: While Bandar Bukit Raja offers established infrastructure and proximity to Klang town, the absence of nearby MRT connectivity limits convenient public transport access; however, the area has reasonable road networks and commercial amenities, making it suitable for car-dependent residents.
  • **Risk & Timing**: The 2027 completion date presents a 4-5 year waiting period with associated market fluctuation risks; buyers should consider their liquidity needs and Sime Darby Property's track record on delivery timelines, alongside potential interest rate changes before handover.

NewProjek Score

7.7

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced 240% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,869,888
Selangor MedianRM550,000
Priced 240% 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

RM6,000–8,100

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

14.5x

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 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 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 developer Sime Darby Property ensures quality construction standards
  • Lakeside living in accessible Klang location with growth potential
  • Freehold landed houses offer long-term equity appreciation prospects
  • Strategic Bandar Bukit Raja positioning near commercial and amenities
  • Competitive pricing for spacious freehold properties in Selangor

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.