Property Review

Aspira Gardens @ Iskandar Puteri, Johor

Powered by verified data + DOSM

Generated 14 June 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 homes in Iskandar Puteri, offering reasonable value for first-time buyers, though long-term appreciation depends on broader market conditions and the developer's track record.
  • **Location & Connectivity**: Iskandar Puteri is a developing corridor with improving infrastructure, but the absence of nearby MRT connectivity is a significant limitation; residents will depend on personal vehicles, which may impact future resale appeal as public transport remains a key consideration for many buyers.
  • **Risk & Timing**: Unspecified completion date introduces uncertainty regarding delivery timelines and potential cost overruns; investors should clarify project phases and obtain clear contractual commitments before commitment, as market conditions in Johor remain subject to economic cycles and oversupply concerns in certain segments.

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 (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

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

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

  • Strategic location in Iskandar Puteri, Johor's premier development zone
  • Freehold tenure provides long-term ownership and investment security
  • Competitive pricing at RM898,000 for landed house segment
  • Growing infrastructure and connectivity in Iskandar Puteri corridor
  • Strong rental and capital appreciation potential in emerging area

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 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.