📊 Property Review

Allamanda @ Meridin East

Powered by NAPIC + DOSM data

Generated 16 April 2026

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Executive Summary

Developer

Mah Sing Group

Location

Pasir Gudang, Johor

Type

Landed House

Price

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing details remain to be announced, limiting comparative valuation assessment; however, landed house developments by Mah Sing Group typically offer competitive per-square-foot rates within their market segment, though final pricing transparency will be essential for investment evaluation.
  • **Location & Connectivity**: Pasir Gudang offers industrial and commercial proximity with established residential appeal, but the absence of nearby MRT connectivity represents a notable limitation compared to projects in Klang Valley; accessibility depends heavily on personal vehicle usage and existing road infrastructure.
  • **Risk & Timing**: Unspecified completion timeline creates uncertainty for investors requiring defined possession dates; the project's viability should be assessed once official launch details, phasing schedule, and market conditions are confirmed, particularly given Johor's development cycles and buyer sentiment fluctuations.

NewProjek Score

8

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

Johor — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM350,000
2022RM358,000+2.3%
2023RM365,000+2.0%
2024RM372,000+1.9%
2025RM380,000+2.2%
Investment Analysis

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 SalaryMax AffordableCan Afford?
RM5,000RM704k✅ Yes
RM7,000RM1.0 mil✅ Yes
RM10,000RM1.5 mil✅ Yes
RM15,000RM2.3 mil✅ Yes
RM20,000RM3.2 mil✅ Yes

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

Area Profile

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 + Risk Factors

✅ Why Consider

  • Located in Pasir Gudang, Johor
  • Freehold title property
  • By Mah Sing Group

⚠️ 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 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.