CompletedFreehold

Midas Seri Alam

Johor

From

RM208k

Price From

RM208k

Total Units

1,609

Midas Seri Alam Data Review

Is Midas Seri Alam priced fairly?

Developer price (from)RM208,000
Johor medianRM380,000

The entry price at Midas Seri Alam is 45% below the Johor median price for this property type. Entry units are usually the smallest, so compare like-for-like unit sizes before judging value.

Johor median condo prices (NAPIC)

YearMedian priceChange on year
2021RM350,000—
2022RM358,000+2.3%
2023RM365,000+2.0%
2024RM372,000+1.9%
2025RM380,000+2.2%

What rent and yield can you expect at Midas Seri Alam?

Est. monthly rent

RM800–1,100

Estimate from Johor yields

Gross rental yield

5.0%–6.0%

Annual rent / price

Area price trend

+8.6%

2021–2025 median

Price-to-income

2.2x

National average 6.8x

What salary do you need to buy at Midas Seri Alam?

Monthly salaryMax affordableCan afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments and a 90% loan margin.

What do households in Johor earn?

Median household income

RM7,712/mo

DOSM 2024

Mean household income

RM9,484/mo

DOSM 2024

Households above RM8k

~43%

Estimate for Johor

How does Midas Seri Alam compare with similar projects in Johor?

ProjectLocationPrice fromStatus
Eco Tropics

Eco World Development

IskandarRM279kUnder Construction

Why consider Midas Seri Alam, and what are the risks?

Why consider

  • • Freehold title property
  • • By Developer

Risk factors

  • • No MRT/LRT station listed nearby — may affect future demand
  • • Large development — higher unit supply may slow capital appreciation

Prices come from government and developer disclosures (NAPIC, DOSM) for Johor. Rent, yield and risk figures are estimates and not financial advice. Check current terms with the developer and a licensed adviser before you decide.

Project Details

Property Type

Service Residence

Land Tenure

Freehold

Construction Status

Completed

Total Units

1,609

Bumi Discount

Not Available

About Midas Seri Alam

Midas @ Seri Alam is a freehold service residence located in Bandar Seri Alam, Johor. It consists of 7 blocks with 35 stories, providing a variety of residential units ranging from studio to three-bedroom layouts. The development includes a range of amenities, making it a convenient and attractive option for residents.

Why Consider Midas Seri Alam?

Based on location data and market analysis

  • ✓Located in Johor, Malaysia
  • ✓Freehold title property
  • ✓By Developer — verified developer on NewProjek
  • ✓Service Residence development with 1,609 units

Investment Snapshot

Based on verified transaction data for Johor

Est. Monthly Rental

RM800–1,100

Based on similar properties in Johor

Gross Rental Yield

5.0%–6.0%

Annual rental / property price

Airbnb Estimate

RM2,900/mo

RM155/night × 62% occupancy · 16.7% gross yield

See Airbnb guide →

Area Price Trend

+8.6%

Verified sold prices 2021–2025

Price-to-Income

2.2x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Johor (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history

Browse real verified transaction prices for nearby properties

Can I afford this?

Estimate only — actual bank approval depends on your credit profile and existing commitments.

Est. monthly repayment

RM 851/mo

Based on 10% down, 35yr tenure at 4.2% p.a.

52% Principal — RM 187,20048% Interest — RM 170,422

Minimum gross monthly income typically needed

RM 1,419/mo

Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.

Check with your real income →

Estimated cash needed upfront

Down payment (10%)RM 20,800
Stamp duty (MOT + loan)RM 4,096
Legal fees (SPA + loan)RM 4,940
Total upfrontRM 29,836

Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).

Full stamp duty & legal fee breakdown →
Property PriceRM 208,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of Midas Seri Alam?▼

Midas Seri Alam starts from RM208k. Contact the developer directly on NewProjek for the latest pricing.

Where is Midas Seri Alam located?▼

Midas Seri Alam is located in Johor, Malaysia.

Who is the developer of Midas Seri Alam?▼

Midas Seri Alam is developed by Developer.

What type of property is Midas Seri Alam?▼

Midas Seri Alam is a Service Residence development with Freehold tenure. It comprises 1,609 units.

What is the construction status of Midas Seri Alam?▼

Midas Seri Alam is currently Completed.

Berapa harga Midas Seri Alam?▼

Midas Seri Alam dijual bermula dari RM208k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

✓ Completed Project

Looking to buy or rent Midas Seri Alam?

This project is already completed. Browse subsale transactions, current listings, and market data below.

Search Transaction HistoryFind Subsale ListingsOr search rentals →

Still want to contact the developer? (e.g., for clubhouse access, complaints, second-phase info)

Contact developer →
WhatsApp Us

I confirm that I have read the privacy policy and allow my information to be shared with this developer who may contact me later.

Save to Favourites

Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM19.90/month.

Search Transaction Data →

Follow for new-launch reviews

We review new launches like this one — verified prices, real verdicts, no fluff. Follow @newprojek.my so the next one finds you.