๐Ÿ“Š Property Intelligence Report

Aspira Gardens @ Iskandar Puteri, Johor

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Johor Bahru, Johor

Type

Landed House

Price

RM898k+

Tenure

Freehold

Completion

โ€”

NewProjek Verdict

Aspira Gardens @ Iskandar Puteri, Johor by the developer is a Landed House development in Johor Bahru, Johor starting from RM898k. With Freehold tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.

๐Ÿ”ด HIGH RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Freehold tenure provides long-term ownership security
  • โ€ข Priced 114% above area median โ€” premium pricing
Market Price Analysis

Is this project priced fairly?

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

Johor โ€” Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM3,500โ€“4,700

Based on similar properties in Johor

Gross Rental Yield

5.0%โ€“6.0%

Annual rental / property price

Area Price Trend

+8.6%

NAPIC data 2021โ€“2025

Price-to-Income

10.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโŒ No
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… 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

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
Taman Permata Penawar, 2-Storey Terrace @ Johor Bahru, JohorJohor BahruRM470kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Johor Bahru, Johor
  • โ€ข Freehold title property
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข Premium pricing relative to area median may limit resale upside
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

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