Property Review

AUREA

Powered by verified data + DOSM

Generated 30 September 2026

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Executive Summary

Developer

SP Setia

Location

Johor

Type

Bungalow

Price

RM23 mil+

Tenure

—

Completion

—

NewProjek Verdict

  • •Value & Pricing: RM23 million entry price positions AUREA in the ultra-luxury segment; positioning appears justified for landed bungalows in Johor's premium developments, though comparable market analysis would be needed to confirm value competitiveness against similar-priced projects in the region.
  • •Location & Connectivity: Johor's location offers proximity to Singapore and established commercial hubs; however, the absence of nearby MRT connectivity limits public transport accessibility, making personal vehicle dependency a notable consideration for residents despite reasonable highway and major road linkages.
  • •Risk & Timing: Missing tenure and completion timeline details create material information gaps that increase investment uncertainty; buyers should seek clarification on these critical terms, as tenure type significantly impacts long-term value and completion schedules directly affect cash flow and occupancy planning.

NewProjek Score

5.5

Moderate

  • • Developer verification status not confirmed
  • • Priced 5376% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM23,000,000
Johor MedianRM420,000
Priced 5376% 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

RM89,600–121,200

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

248.5x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milNo
RM20,000RM3.2 milNo

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

Why Consider + Risk Factors

Why Consider

  • • By SP Setia

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.