Eco Spring
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
Eco World Development
Location
Iskandar, Johor
Type
Bungalow
Price
TBA
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Without confirmed pricing details, comparative analysis against established Iskandar bungalow developments remains incomplete; recommend awaiting official price list before assessment, though Eco World's track record suggests competitive positioning within the mid-to-premium segment.
- •**Location & Connectivity**: Iskandar's strategic position within the southern growth corridor provides medium-term appreciation potential; however, the absence of nearby MRT connectivity limits immediate accessibility advantages, relying instead on road-based transport to Johor Bahru CBD and Singapore border crossings.
- •**Risk & Timing**: Incomplete tenure and completion timeline specifications present information gaps for investment decision-making; early-stage projects carry extended holding periods before occupancy, requiring buyer confidence in developer execution and Iskandar's sustained economic momentum.
NewProjek Score
7
Worth Considering
- • Verified developer with established track record
Is this project priced fairly?
Price comparison data not available for this project.
Johor — Median Condo Prices (NAPIC)
| 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%
NAPIC 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 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.