Property Review

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

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Semi-D

Price

RM2.4 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: At RM2.37M for a freehold double-storey semi-D in Johor Bahru, the property is positioned in the upper-mid segment; valuation appears reasonable for the tenure type, though competitive comparisons with other freehold developments in similar localities would be necessary to confirm value competitiveness.
  • **Location & Connectivity**: The Eco Spring location offers residential appeal with environmental positioning, though the absence of nearby MRT connectivity is a notable limitation for commuters; accessibility depends on proximity to major highways and local amenities, which requires detailed site verification.
  • **Risk & Timeline**: The lack of specified completion date presents a scheduling risk and potential concern for buyers; market conditions in Johor Bahru's property sector and absorption rates for this price point should be monitored, alongside the developer's track record for timely delivery.

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 (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

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%

Verified data 2021–2025

Price-to-Income

25.6x

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

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

  • Johor Bahru prime location with strong property appreciation potential
  • Freehold tenure ensures long-term ownership and investment security
  • Spacious double storey semi-D design ideal for families
  • Eco Spring development offers modern amenities and green living
  • Strategic JB location attracts steady rental and resale demand

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.