Allamanda @ Meridin East
Powered by verified data + DOSM
Generated 31 May 2026
Developer
Mah Sing Group
Location
Pasir Gudang, Johor
Type
Landed House
Price
RM500k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Starting price of RM500,000 for freehold landed houses in Pasir Gudang is competitive for the market segment, offering reasonable value for owner-occupiers, though capital appreciation potential may be moderate given the mid-tier positioning and developer track record.
- •**Location & Connectivity**: Pasir Gudang offers established infrastructure and commercial amenities, but the absence of MRT connectivity limits accessibility to major employment centers; reliance on personal vehicles and bus networks may constrain appeal to commuters seeking convenience.
- •**Risk & Timing**: Unspecified completion date presents execution risk and uncertainty for buyers; market timing in Johor's industrial zone is subject to economic cycles and crude oil price volatility, requiring careful consideration of holding periods before potential returns materialize.
NewProjek Score
6.8
Moderate
- • Developer verification status not confirmed
- • 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
6.1x
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
RM6,879/mo
DOSM 2022
Mean Household Income
RM8,517/mo
DOSM 2022
Households Above RM8k
~39%
Estimated for Johor
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| Eco Tropics Eco World Development | Iskandar | RM279k | Under Construction |
| One49 Residence, Johor Bahru - Residential Apartment TH TEBRAU LAND SDN BHD | Johor Bahru | RM289k | New Launch |
| Nadira Residensi, Kota Tinggi, Johor - 2 Storey Terrace/Link House | Kulai | RM322k | Completed |
Why Consider
- • Pasir Gudang location offers strong industrial and commercial growth
- • Mah Sing Group reputation ensures quality construction and reliability
- • Freehold tenure provides long-term ownership security and value
- • Landed houses ideal for families seeking space and privacy
- • Emerging area presents excellent investment appreciation potential for buyers
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.