Grand Ion Majestic @ Genting Highlands
Powered by verified data + DOSM
Generated 29 July 2026
Developer
Genting Properties
Location
Genting Highlands, Pahang
Type
Condominium
Price
RM263k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM262,500 offers accessible positioning for the highland resort market segment, though absolute value assessment is constrained by absence of unit size specifications, amenities detail, and comparable project benchmarking in the Genting cluster.
- •**Location & Connectivity**: Genting Highlands premium location benefits from established tourism infrastructure and year-round visitor demand, but accessibility relies entirely on road networks with no MRT connectivity, limiting appeal to non-driving demographics and commuters seeking public transport options.
- •**Risk & Timing**: Project viability carries execution risk due to unspecified completion timeline, which combined with Genting's altitude and weather exposure, may impact construction schedules; market timing uncertainty for a resort-based property requires careful consideration of tourism cycle dynamics and buyer intent alignment.
NewProjek Score
8
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced in line with area median
Is this project priced fairly?
Pahang — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM245,000 | — |
| 2022 | RM251,000 | +2.4% |
| 2023 | RM257,000 | +2.4% |
| 2024 | RM264,000 | +2.7% |
| 2025 | RM270,000 | +2.3% |
Est. Monthly Rental
RM800–1,100
Based on similar properties in Pahang
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+10.2%
Verified data 2021–2025
Price-to-Income
4.4x
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 Pahang
Median Household Income
RM4,975/mo
DOSM 2024
Mean Household Income
RM6,066/mo
DOSM 2024
Households Above RM8k
~28%
Estimated for Pahang
Similar projects in Pahang
| Project | Location | Price From | Status |
|---|---|---|---|
| Vistaria @ Varsity Park | Kuantan | RM248k | New Launch |
| Eco Damansara, Single Storey Terrace & Semi-D @ Jln Bypass Kuantan, Pahang | Kuantan | RM299k | New Launch |
| Eco Damansara, Single Storey Semi-D & Terrace @ Jln Bypass Kuantan, Pahang | Kuantan | RM299k | New Launch |
Why Consider
- • Genting Highlands premier destination with established tourism and leisure appeal
- • Freehold tenure provides long-term ownership security and investment value
- • Competitive pricing at RM262,500 offers excellent value proposition
- • Genting Properties' reputation ensures quality development and reliable completion
- • Strategic highland location attracts both residents and holiday investors
Risk Factors
- • 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.