Property Review

Bayfield Residences Eco Spring | Double Storey Semi-D, Johor Bahru

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Semi-D

Price

RM2.4 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • Bayfield Residences Eco Spring | Double Storey Semi-D, Johor Bahru by the developer is a Semi-D development in Johor Bahru, Johor starting from RM2.4 mil.
  • With Freehold tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 464% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,370,000
Johor MedianRM420,000
Priced 464% 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

RM9,200–12,500

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

28.7x

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 milStretch
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

  • Freehold tenure ensures long-term property ownership security
  • Strategic Johor Bahru location with strong growth potential
  • Double storey semi-D offers excellent space and value
  • Eco Spring development emphasizes sustainable living features
  • Competitive pricing for freehold semi-detached property

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.