Eco Spring
Powered by verified data + DOSM
Generated 29 July 2026
Developer
Eco World Development
Location
Iskandar, Johor
Type
Bungalow
Price
RM1.4 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Pricing details remain undisclosed (TBA), limiting ability to assess value competitiveness against comparable bungalow developments in Iskandar; lack of transparency at this stage suggests project is in early marketing phase.
- •**Location & Connectivity**: Iskandar location provides strategic access to Singapore and established commercial corridors; however, absence of nearby MRT connectivity may limit long-term accessibility compared to transit-oriented developments, relying instead on road-based transportation.
- •**Risk & Timing**: Critical project details including tenure type and completion timeline are unspecified, presenting material uncertainty for investment decision-making; buyers should exercise caution until comprehensive project specifications and timelines are officially disclosed.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 232% above area median — premium pricing
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
RM5,400–7,400
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
15.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | Stretch |
| 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
RM7,712/mo
DOSM 2024
Mean Household Income
RM9,484/mo
DOSM 2024
Households Above RM8k
~43%
Estimated for Johor
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.