Property Review

Aspira Gardens @ Iskandar Puteri, Johor

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Landed House

Price

RM898k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing of RM898,000 is competitive for freehold landed houses in the Iskandar Puteri corridor, though actual value depends on final specifications and built-up area; pricing appears positioned for first-time buyers and investors seeking affordability over premium positioning.
  • **Location & Connectivity**: Strategic location within the established Iskandar Puteri development zone provides proximity to commercial hubs and amenities, but the absence of nearby MRT connectivity limits long-term public transportation advantages compared to projects along the upcoming Johor MRT line, potentially affecting resale appeal.
  • **Risk & Timing**: Significant risk factor is the non-specified completion date, which creates uncertainty for buyers regarding possession timelines and potential cost escalation; this ambiguity, combined with market sensitivity to Johor property cycles, warrants careful due diligence on developer track record and binding contractual prot

NewProjek Score

6.5

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 (Verified)

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%

Verified data 2021–2025

Price-to-Income

9.7x

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

RM7,712/mo

DOSM 2024

Mean Household Income

RM9,484/mo

DOSM 2024

Households Above RM8k

~43%

Estimated for Johor

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
Erica East @ Meridin East

Mah Sing Group

Pasir GudangRM450kUnder Construction
Erica West @ Meridin East

Mah Sing Group

Pasir GudangRM464kUnder Construction
Taman Permata Penawar, 2-Storey Terrace @ Johor Bahru, JohorJohor BahruRM470kRecently Completed
Why Consider + Risk Factors

Why Consider

  • Prime location in Iskandar Puteri, Johor's fastest growing economic hub
  • Freehold landed houses offer excellent long-term value and ownership security
  • Strategic position near major highways for easy access to Singapore
  • Affordable entry price for quality landed property in premium development
  • Strong rental demand and capital appreciation potential in emerging zone

Risk Factors

  • 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 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.