CARISSA 1
Powered by verified data + DOSM
Generated 1 June 2026
Developer
SP Setia
Location
Johor, Johor
Type
2-sty terrace/link house
Price
RM500+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM500k is competitive for a 2-storey terrace in Johor, offering reasonable value for first-time buyers and investors, though pricing competitiveness depends on final built-up area and finishes relative to comparable developments in the same locality.
- •**Location & Connectivity**: The project lacks MRT accessibility, limiting public transport convenience; connectivity will depend entirely on road networks and proximity to major highways—this represents a significant drawback compared to better-connected Johor developments, though suitability varies by specific location within Johor.
- •**Risk & Timing**: Absence of specified completion date and tenure details creates uncertainty regarding project timeline and long-term asset value; buyers should seek clarification on these critical factors before commitment, as delays or unclear freehold/leasehold status could impact both occupancy plans and resale potential.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Johor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM350,000 | — |
| 2022 | RM358,000 | +2.3% |
| 2023 | RM365,000 | +2.0% |
| 2024 | RM372,000 | +1.9% |
| 2025 | RM380,000 | +2.2% |
Est. Monthly Rental
RM0–0
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
0.0x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| MAPLE 3 SP Setia | Johor | RM500 | Completed |
Why Consider
- • Located in Johor, Johor
- • By SP Setia
Risk Factors
- • Under construction — completion delays are possible
- • 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.