Eco Square
Powered by verified data + DOSM
Generated 9 July 2026
Developer
SP Setia
Location
Johor
Type
Shop office
Price
RM11.5 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM11.5 million entry point, Eco Square shop offices present a significant capital requirement; competitiveness depends on comparative pricing per square foot against established commercial hubs, though tenure and completion timeline should be verified to assess true value proposition.
- •**Location & Connectivity**: Johor's secondary location limits accessibility compared to Klang Valley or Penang; absence of nearby MRT connectivity may constrain tenant appeal and leasing velocity, though proximity to local commercial nodes and highway access warrant detailed evaluation.
- •**Risk & Timing**: Unspecified completion date and tenure terms create material uncertainties; pre-launch or early-stage projects carry execution risks typical of SP Setia developments, and market absorption in Johor's shop office segment remains dependent on local economic growth and tenant demand maturity.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 2926% 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
RM44,800–60,600
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
124.3x
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 | No |
| RM15,000 | RM2.3 mil | No |
| RM20,000 | RM3.2 mil | No |
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
- • By SP Setia
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.