Property Review

Dahlia | Double Storey Terrace House, Seri Austin, Johor Bahru

Powered by NAPIC + DOSM data

Generated 29 April 2026

← Back to listing
Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Landed House

Price

RM610k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM610,000 entry point is competitive for double storey terraced housing in Johor Bahru's mid-tier developments, though pricing appears modest relative to freehold tenure, warranting assessment of build quality and finishes to confirm value alignment with market comparables.
  • **Location & Connectivity**: Seri Austin offers reasonable accessibility within Johor Bahru but lacks proximity to MRT infrastructure, limiting public transport options and potentially constraining appeal to non-vehicular dependent buyers and long-term appreciation in an increasingly transit-oriented market.
  • **Risk & Timing**: Absence of specified completion date presents execution and occupancy uncertainty; buyers should clarify developer track record and contractual timelines before commitment, particularly given the importance of timing for financing and investment returns in the current economic environment.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 45% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM610,000
Johor MedianRM420,000
Priced 45% 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

RM2,400–3,200

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

7.4x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
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

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
D'Putra SuitesKulaiRM322kCompleted
Nadira Residensi, Kota Tinggi, Johor - 2 Storey Terrace/Link HouseKulaiRM322kCompleted
Harmoni Permai @ Bandar Universiti PagohMuarRM349kNew Launch
Why Consider + Risk Factors

Why Consider

  • Freehold landed property in established Seri Austin neighbourhood
  • Competitive RM610,000 price point for double storey terrace
  • Strategic Johor Bahru location with growing economic development
  • Strong rental demand in established residential community
  • Attractive entry-level investment for first-time homebuyers

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
🔒

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.