Property Review

Laurus @ Bukit Bandaraya, Shah Alam | 2-storey Semi-Detached Homes (40' x 80'), Move-in Ready

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Shah Alam, Selangor

Type

Semi-D

Price

RM1.4 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM1,450,000 for a 40' x 80' move-in ready semi-detached home is competitive within Shah Alam's mid-range segment, offering reasonable value for established residential developments, though pricing competitiveness should be verified against comparable properties in the same locality.
  • **Location & Connectivity**: Shah Alam provides established infrastructure and amenities, but the absence of nearby MRT connectivity limits appeal for commuters; accessibility depends on proximity to main highways (Federal Route, Shah Alam Expressway) and local road networks, which should be evaluated based on exact project location within the district.
  • **Risk & Timing**: The lack of specified completion date and tenure type presents information gaps that complicate investment assessment; move-in ready status mitigates construction risk, but buyers should verify actual occupancy status, outstanding defects liability periods, and obtain complete legal documentation before commitment.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 164% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,450,000
Selangor MedianRM550,000
Priced 164% above area median

Selangor — Median Condo Prices (NAPIC)

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

RM4,600–6,300

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

12.1x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milStretch
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

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Located in Shah Alam, Selangor
  • By Developer

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 NAPIC, 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.