Property Review

Eco Botanic

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Eco World Development

Location

Iskandar, Johor

Type

Landed House

Price

RM753k+

Tenure

Completion

NewProjek Verdict

  • **Value/Pricing:** Entry-level pricing from RM753,000 is competitive for landed houses in Iskandar, though the absence of specified tenure details (freehold vs. leasehold) should be clarified to assess long-term value retention and investment viability.
  • **Location/Connectivity:** Iskandar's strategic location near Singapore and established commercial corridors offers accessibility; however, the lack of nearby MRT connectivity limits public transport options and may restrict appeal to non-car-dependent buyers and future resale demographics.
  • **Risk/Timing:** Project timeline and completion date are not disclosed, creating uncertainty around delivery schedules and market conditions; investors should verify development milestones and track record of Eco World Development before commitment, particularly given Johor's evolving property market dynamics.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 79% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM753,000
Johor MedianRM420,000
Priced 79% 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

RM2,900–4,000

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

8.1x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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

RM7,712/mo

DOSM 2024

Mean Household Income

RM9,484/mo

DOSM 2024

Households Above RM8k

~43%

Estimated for Johor

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
Meridin @ Medini

Mah Sing Group

Iskandar PuteriRM379kUnder Construction
Meridin Bayvue

UEM Sunrise

Iskandar PuteriRM388kCompleted
M Grand Minori

Mah Sing Group

Taman PelangiRM390k
Why Consider + Risk Factors

Why Consider

  • Located in Iskandar, Johor
  • By Eco World Development

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.