Summit @ Lagoon Residences, Johor
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Masai, Johor
Type
Serviced Apartment
Price
TBA
Tenure
Freehold
Completion
—
NewProjek Verdict
Summit @ Lagoon Residences presents a freehold serviced apartment opportunity in Masai, Johor, though prospective buyers should note the lack of public transportation connectivity and the absence of clearly defined pricing and completion timelines, which may impact both investment transparency and convenience. The project's appeal will largely depend on its amenities, surrounding infrastructure, and the developer's track record, factors that warrant thorough due diligence before commitment. Without comprehensive project details and a specified completion date, investors should exercise caution and seek detailed information directly from the developer to assess viability and value proposition.
- • 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 Developer
⚠️ Risk Factors
- • Under construction — completion delays are possible
- • No MRT/LRT station listed nearby — may affect future demand
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.