Property Review

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

Powered by verified data + DOSM

Generated 14 June 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 competitively positioned within the mid-to-premium segment; however, without specified completion dates or detailed specifications, buyers should conduct comparative market analysis to assess value against similar freehold offerings in established JB townships.
  • **Location & Connectivity**: Eco Spring's Johor Bahru location provides access to the state's economic growth corridor, though the absence of nearby MRT connectivity limits public transportation convenience; proximity to major roads and commercial hubs should be verified to determine suitability for commuters relying on private transport or highway access.
  • **Risk & Timing**: The lack of a specified completion timeline presents a moderate execution risk and delays potential occupancy and return on investment; buyers should seek clarity on development phases, construction timelines, and any potential cost escalation clauses

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

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 double storey semi-D in prime Johor Bahru location
  • Strategic positioning for strong capital appreciation and rental demand
  • Established residential area with excellent connectivity and amenities
  • Competitive pricing for semi-D property in growing JB market
  • Ideal family home with spacious layout and modern features

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.