Property Review

Harmoni Permai @ Bandar Universiti Pagoh

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Muar, Johor

Type

Landed House

Price

RM349k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing of RM349,000 is competitive for landed houses in Muar, offering reasonable affordability for first-time buyers, though actual value depends on unit specifications and finishes not detailed here.
  • **Location & Connectivity**: Bandar Universiti Pagoh provides proximity to educational institutions and local amenities, but the absence of MRT connectivity and reliance on personal transport may limit appeal to commuters seeking access to Johor Bahru's economic centers.
  • **Risk & Timing**: Critical project details including tenure clarity, completion timeline, and developer track record are absent, creating uncertainty for buyers; without specified timelines, investment planning and occupancy dates remain unclear.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM349,000
Johor MedianRM420,000
Priced 17% below 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

RM1,400–1,800

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

4.2x

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
Laman Bayu @ Bandar Putera Indah, Batu PahatBatu PahatRM369kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Muar, Johor
  • By Developer

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.