Property Review

Aspira Gardens @ Iskandar Puteri, Johor

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Landed House

Price

RM898k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry point of RM898,000 is competitive for freehold landed homes in Iskandar Puteri, offering reasonable value for first-time buyers and investors seeking affordable property in the region, though long-term appreciation depends on broader market conditions.
  • **Location & Connectivity**: Iskandar Puteri offers proximity to commercial hubs and amenities within the greater Johor Bahru ecosystem, but the absence of nearby MRT connectivity limits public transport options and may reduce appeal compared to future transit-oriented developments.
  • **Risk & Timing**: Unspecified completion timeline presents execution risk and uncertainty for purchasers; investors should seek clarity on delivery dates and developer track record, as delayed projects can impact cash flow and market entry timing in a moderately active property market.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 114% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM898,000
Johor MedianRM420,000
Priced 114% above area median

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

RM3,500–4,700

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

Price-to-Income

10.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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, 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

  • Iskandar Puteri prime location with strong growth potential
  • Freehold tenure offers long-term ownership security
  • Competitive pricing at RM898,000 for landed house
  • Established developer reputation in Johor property market
  • Proximity to Johor Bahru CBD and amenities

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.