Eco Square
Powered by verified data + DOSM
Generated 12 June 2026
Developer
SP Setia
Location
Johor, Johor
Type
Shop office
Price
RM1 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value/Pricing**: At RM1 million entry point for shop offices, Eco Square offers mid-range positioning within the Johor commercial segment; competitiveness depends on unit specifications and built-up area, which require detailed comparison against similar developments in the region.
- •**Location/Connectivity**: The project's Johor location provides access to the state's growing commercial corridor, though the absence of MRT connectivity limits appeal to transit-dependent occupants and may constrain future tenant demand compared to better-connected hubs like Kuala Lumpur.
- •**Risk/Timing**: The non-disclosure of completion timeline and tenure details presents material uncertainty for investment planning; buyers should seek clarification on these factors before commitment, as extended completion periods or unclear ownership structures could impact cash flow projections and resale liquidity.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 163% 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
RM3,900–5,300
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
12.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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 Johor, Johor
- • 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.