Property Review

Eco Spring

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Eco World Development

Location

Iskandar, Johor

Type

Bungalow

Price

TBA

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing remains to be announced, limiting immediate assessment of value proposition; comparable Iskandar bungalow projects typically range RM800k–RM2m, so final pricing will be crucial in determining competitiveness and ROI potential.
  • **Location & Connectivity**: Iskandar's strategic position near Singapore and established infrastructure provides medium-to-long term appreciation potential, though the absence of nearby MRT connectivity currently limits convenience and may appeal primarily to car-dependent buyers until future transit plans materialize.
  • **Risk & Timing**: Key project details including tenure structure, completion timeline, and detailed specifications remain undisclosed, presenting information risk; early-stage projects in Iskandar carry execution risk dependent on sustained property demand and regional economic conditions, requiring investor caution pending official launch details.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

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

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

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

Why Consider + Risk Factors

Why Consider

  • Located in Iskandar, Johor
  • By Eco World Development

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.