Property Review

Graydon

Powered by verified data + DOSM

Generated 7 September 2026

← Back to listing
Executive Summary

Developer

SP Setia

Location

Johor, Johor

Type

Semi-detached house

Price

RM2 mil+

Tenure

Completion

NewProjek Verdict

  • Pricing & Value: RM2.0 million positions this semi-detached offering at the premium segment of Johor's residential market; value assessment is limited without completion timeline and tenure details, requiring buyer clarification on these factors relative to comparable properties.
  • Location & Connectivity: Johor's location provides regional accessibility but the absence of nearby MRT connectivity is a notable limitation; proximity to major highways and amenities would be key determinants of long-term desirability and rental appeal.
  • Risk & Timing: Incomplete project specifications (tenure undefined, no completion date provided) present material risks for purchase decision-making; buyers should seek full details from SP Setia before commitment, particularly regarding delivery timeline and any market timing considerations.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 376% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,000,000
Johor MedianRM420,000
Priced 376% 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

RM7,800–10,500

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

21.6x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
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

RM7,712/mo

DOSM 2024

Mean Household Income

RM9,484/mo

DOSM 2024

Households Above RM8k

~43%

Estimated for Johor

Why Consider + Risk Factors

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

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.