sejati-lakeside-2 by Paramount Property
Powered by verified data + DOSM
Generated 15 July 2026
Developer
PARAMOUNT VENTURE SDN BHD
Location
Kuala Lumpur, Selangor
Type
Condominium/Apartment
Price
RM1.5 mil+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Unit prices starting at RM1.48 million position this project in the mid-to-upper segment of the KL condo market; value proposition depends on unit size and finishes, though the freehold tenure provides long-term ownership security without lease depreciation concerns.
- •**Location & Connectivity**: Lakeside positioning offers lifestyle amenities and waterfront appeal; however, the absence of nearby MRT connectivity is a significant limitation for daily commuting, making car dependency likely and potentially restricting appeal to transit-oriented buyers.
- •**Risk & Timing**: The lack of a specified completion date introduces execution and delivery risk; buyers should seek clarity on project timeline before commitment, as delayed handovers are not uncommon in the Malaysian property market and could affect investment returns or occupancy timelines.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 203% above area median — premium pricing
Is this project priced fairly?
Selangor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | — |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
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
11.5x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | Stretch |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
- • Freehold tenure offers long-term ownership security and asset appreciation
- • Paramount Property's established track record ensures quality construction standards
- • Prime Kuala Lumpur location with strong rental demand potential
- • Competitive pricing for modern condominium in central urban area
- • Strategic KL positioning provides excellent lifestyle and investment opportunities
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.