Erica (A6B) | Double Storey Terrace Home, Johor Bahru
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Johor Bahru, Johor
Type
Landed House
Price
RM510k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM510,000 entry price is competitive for double-storey terrace homes in Johor Bahru's mid-market segment, offering reasonable value for freehold landed property, though final pricing depends on unit-specific configurations and additional charges not detailed here.
- •**Location & Connectivity**: The project lacks direct MRT accessibility, which limits public transport convenience compared to developments along the Johor Bahru MRT line; connectivity relies on road networks and bus services, making car ownership practically necessary for residents.
- •**Risk & Timing**: Completion timeline is not specified, creating uncertainty for buyers regarding possession dates and financing implications; the lack of defined milestones presents a moderate execution risk that requires clarification from the developer before commitment.
NewProjek Score
6.3
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 21% above area median
Is this project priced fairly?
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
RM2,000–2,700
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
Price-to-Income
6.2x
National avg: 6.8x
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
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| One49 Residence, Johor Bahru - Residential Apartment | Johor Bahru | RM289k | New Launch |
| D'Putra Suites | Kulai | RM322k | Completed |
| Nadira Residensi, Kota Tinggi, Johor - 2 Storey Terrace/Link House | Kulai | RM322k | Completed |
Why Consider
- • Freehold double storey terrace at competitive RM510,000 price point
- • Strategic Johor Bahru location with strong property appreciation potential
- • Landed property ideal for families seeking space and value
- • Established developer with reliable completion track record
- • Growing JB market offers excellent long-term investment returns
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 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.