Property Review

Erica @ Meridin East, Pasir Gudang, Johor

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Mah Sing Group

Location

Pasir Gudang, Johor

Type

Landed House

Price

RM440k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing of RM440,000 offers accessibility for first-time buyers, though pricing competitiveness depends on unit specifications and comparable projects in the Pasir Gudang locality.
  • **Location & Connectivity**: Pasir Gudang provides industrial and commercial appeal with established infrastructure, but lacks direct MRT connectivity, making car dependency a consideration for commuters to central Johor Bahru or Kuala Lumpur.
  • **Risk & Timing**: Undefined completion timeline presents uncertainty for buyers; investors should seek clarity on project phase and handover schedule, as Pasir Gudang's market performance remains moderate compared to more established residential corridors in Johor.

NewProjek Score

8.5

Strong Buy Signal

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM440,000
Johor MedianRM420,000
Priced 5% 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

RM1,700–2,300

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

5.3x

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
Eco Tropics

Eco World Development

IskandarRM279kUnder Construction
D'Putra SuitesKulaiRM322kCompleted
Harmoni Permai @ Bandar Universiti PagohMuarRM349kNew Launch
Why Consider + Risk Factors

Why Consider

  • Established developer Mah Sing Group ensures quality construction standards
  • Freehold tenure provides long-term ownership security and value
  • Pasir Gudang location offers strategic East Coast connectivity hub
  • Affordable RM440,000 entry point for landed property investment
  • Growing industrial and residential area with strong appreciation potential

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.