Allamanda @ Meridin East
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Mah Sing Group
Location
Pasir Gudang, Johor
Type
Landed House
Price
RM500k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM500,000 entry price is competitive for freehold landed houses in Pasir Gudang, offering reasonable value for mid-range buyers, though pricing competitiveness depends on unit size, finishes, and comparable projects in the immediate vicinity.
- •**Location & Connectivity**: Pasir Gudang offers industrial and commercial proximity but lacks MRT connectivity, relying primarily on road networks; accessibility is moderate with dependence on personal vehicles, limiting appeal for those prioritizing public transport integration.
- •**Risk & Timing**: Absence of specified completion date presents timing uncertainty for investors and end-users; market absorption risk exists given Pasir Gudang's moderate demand profile compared to stronger growth corridors, requiring careful consideration of cash flow and holding period expectations.
NewProjek Score
7.8
Worth Considering
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced 19% above area median
Is this project priced fairly?
Johor — Median Condo Prices (Verified)
| 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
RM1,900–2,600
Based on similar properties in Johor
Gross Rental Yield
5.0%–6.0%
Annual rental / property price
Area Price Trend
+8.6%
Verified data 2021–2025
Price-to-Income
5.4x
National avg: 6.8x
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
RM7,712/mo
DOSM 2024
Mean Household Income
RM9,484/mo
DOSM 2024
Households Above RM8k
~43%
Estimated for Johor
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| Eco Tropics Eco World Development | Iskandar | RM279k | Under Construction |
| D'Putra Suites | Kulai | RM322k | Completed |
| Harmoni Permai @ Bandar Universiti Pagoh | Muar | RM349k | New Launch |
Why Consider
- • Pasir Gudang location offers strong industrial and commercial growth potential
- • Freehold tenure provides permanent ownership and long-term value appreciation
- • Mah Sing Group reputation ensures quality construction and reliable completion
- • RM500,000 price point represents excellent value for landed homes
- • Strategic location near major highways for seamless connectivity and accessibility
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.