๐Ÿ“Š Property Intelligence Report

Eco Spring @ Tebrau

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Johor Bahru, Johor

Type

Bungalow

Price

RM1.4 mil+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Eco Spring @ Tebrau presents a moderately priced bungalow option in Johor Bahru with an eco-friendly positioning, though critical project details including tenure type and completion timeline are absent from available information. The lack of MRT proximity may limit accessibility for commuters, potentially affecting long-term value appreciation and tenant appeal. Prospective buyers should seek clarification on these missing specifics and conduct thorough due diligence on the developer's track record before committing.

๐Ÿ”ด HIGH RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced 229% above area median โ€” premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,380,000
Johor MedianRM420,000
Priced 229% above area median

Johor โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM350,000โ€”
2022RM358,000+2.3%
2023RM365,000+2.0%
2024RM372,000+1.9%
2025RM380,000+2.2%
Investment Analysis

Est. Monthly Rental

RM5,400โ€“7,300

Based on similar properties in Johor

Gross Rental Yield

5.0%โ€“6.0%

Annual rental / property price

Area Price Trend

+8.6%

NAPIC data 2021โ€“2025

Price-to-Income

16.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโŒ No
RM7,000RM1.0 milโŒ No
RM10,000RM1.5 milโš ๏ธ Stretch
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

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

โœ… Why Consider

  • โ€ข Located in Johor Bahru, Johor
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข Premium pricing relative to area median may limit resale upside
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

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Eco Spring @ Tebrau Property Report โ€” Is It Worth Buying? | NewProjek | NewProjek