Summit @ Lagoon Residences, Johor
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
M Summit Group
Location
Masai, Johor
Type
Serviced Apartment
Price
TBA
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Without confirmed pricing details, valuation assessment is premature; however, serviced apartments in emerging Masai areas typically offer lower entry costs than established zones, presenting potential value for budget-conscious investors, though rental yields will depend on final unit specifications and amenities.
- •**Location & Connectivity**: Masai's position along the Johor Bahru-Singapore corridor provides moderate accessibility via major highways, but the absence of MRT connectivity limits public transport convenience; proximity to industrial zones and developing commercial areas may support long-term growth, though current connectivity ranks below established submarkets.
- •**Risk & Timing**: The lack of specified completion dates introduces execution and market timing uncertainty; early-stage projects carry construction delays and market cycle risks, requiring investors to assess M Summit Group's track record and absorption rates in a competitive Johor residential market before commitment.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
Is this project priced fairly?
Price comparison data not available for this project.
Johor — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM350,000 | — |
| 2022 | RM358,000 | +2.3% |
| 2023 | RM365,000 | +2.0% |
| 2024 | RM372,000 | +1.9% |
| 2025 | RM380,000 | +2.2% |
Est. Monthly Rental
—
Based on similar properties in Johor
Gross Rental Yield
5.0%–6.0%
Annual rental / property price
Area Price Trend
+8.6%
NAPIC data 2021–2025
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| 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 Johor
Median Household Income
RM6,879/mo
DOSM 2022
Mean Household Income
RM8,517/mo
DOSM 2022
Households Above RM8k
~39%
Estimated for Johor
Why Consider
- • Located in Masai, Johor
- • Freehold title property
- • By M Summit Group
Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.