Property Review

Erica East @ Meridin East

Powered by verified data + DOSM

Generated 31 May 2026

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Executive Summary

Developer

Mah Sing Group

Location

Pasir Gudang, Johor

Type

Landed House

Price

RM450k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM450,000 entry point is competitive for freehold landed homes in Pasir Gudang, offering reasonable value relative to similar developments in the region, though the absence of specified completion timeline makes it difficult to assess true affordability against inflation and potential price escalations.
  • **Location & Connectivity**: Pasir Gudang benefits from industrial and commercial activities with established road networks, but the lack of nearby MRT access limits public transportation convenience; connectivity relies primarily on personal vehicles, which may affect long-term appeal and resale potential as the Johor transit network develops.
  • **Risk & Timing**: The non-specified completion date presents execution risk and potential delays common in Malaysian property markets; buyers should seek clarification on timelines before commitment, and should consider that Pasir Gudang's property market is secondary-tier, which may result in slower capital appreciation compared to emerging hotspots like

NewProjek Score

7.5

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM450,000
Johor MedianRM420,000
Priced 7% above area median

Johor — Median Condo Prices (Verified)

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

Est. Monthly Rental

RM1,800–2,400

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

5.5x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

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

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
2-Storey Terrace (RMMJ Type D) @ Taman Akasia, Kluang, JohorKluangRM250kNew Launch
Eco Tropics

Eco World Development

IskandarRM279kUnder Construction
One49 Residence, Johor Bahru - Residential Apartment

TH TEBRAU LAND SDN BHD

Johor BahruRM289kNew Launch
Why Consider + Risk Factors

Why Consider

  • Pasir Gudang industrial hub offers strong rental demand potential
  • Mah Sing Group reputation ensures quality construction standards
  • Freehold tenure provides long-term ownership security benefits
  • Emerging area with affordable pricing compared to KL
  • Strategic location near Port Klang industrial corridor access

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 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.