Property Review

sejati-lakeside-2 by Paramount Property

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

PARAMOUNT VENTURE SDN BHD

Location

Kuala Lumpur, Selangor

Type

Condominium/Apartment

Price

RM1.5 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: At RM1.48M+, the project sits in the mid-to-premium segment for KL condominiums; pricing appears market-competitive for freehold units, though ROI potential depends on final specifications and amenities which require further verification.
  • **Location & Connectivity**: Lakeside positioning offers lifestyle appeal, but absence of nearby MRT connectivity is a significant limitation for commuters; accessibility relies on road networks and personal transport, potentially restricting buyer appeal to those valuing convenience over location prestige.
  • **Risk & Timing**: The absence of a specified completion date introduces execution risk and buyer uncertainty; investors should seek clarity on development timeline and demand proof of financial capacity from Paramount Venture before commitment, particularly given Malaysia's track record of project delays.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 203% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,484,400
Selangor MedianRM490,000
Priced 203% 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

RM4,700–6,400

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

12.4x

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

  • Freehold tenure ensures long-term ownership security and value
  • Prime Kuala Lumpur location in sought-after Lakeside development
  • Paramount Property's established track record in quality developments
  • Strategic positioning for rental yield and capital appreciation
  • Modern condominium living in integrated township environment

Risk Factors

  • 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.