laurel-residence @ KL
Powered by verified data + DOSM
Generated 31 May 2026
Developer
UOA Development Bhd
Location
Kuala Lumpur, Kuala Lumpur
Type
Condominium/Apartment
Price
RM950k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM950,000 entry price is mid-range for KL condominiums; competitive positioning depends on unit size and finishes, though pricing clarity requires developer specification of built-up area and amenities.
- •**Location & Connectivity**: Lacks direct MRT connectivity which is a significant disadvantage for urban KL; accessibility relies on alternative transport modes, potentially limiting appeal to convenience-focused buyers and affecting rental demand.
- •**Risk & Timing**: Completion timeline is not specified by developer, creating uncertainty for investment planning and occupancy; this lack of transparency should be clarified before commitment, particularly given market conditions and financing considerations.
NewProjek Score
6.8
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 12% above area median
Is this project priced fairly?
W.P. Kuala Lumpur — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM780,000 | — |
| 2022 | RM800,000 | +2.6% |
| 2023 | RM820,000 | +2.5% |
| 2024 | RM835,000 | +1.8% |
| 2025 | RM850,000 | +1.8% |
Est. Monthly Rental
RM3,200–4,400
Based on similar properties in Kuala Lumpur
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9%
Verified data 2021–2025
Price-to-Income
7.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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 Kuala Lumpur
Median Household Income
RM10,234/mo
DOSM 2022
Mean Household Income
RM13,325/mo
DOSM 2022
Households Above RM8k
~58%
Estimated for Kuala Lumpur
Why Consider
- • Central Kuala Lumpur location with excellent urban connectivity
- • Freehold tenure provides long-term ownership security and value
- • Competitive pricing at RM950k in prime KL area
- • UOA Development's reputable track record ensures quality construction
- • Strong investment potential in high-demand city centre market
Risk Factors
- • Under construction — completion delays are possible
- • 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.