Eco Spring
Powered by verified data + DOSM
Generated 14 June 2026
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
Is this project priced fairly?
Price comparison data not available for this project.
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
—
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 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
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.