Property Review

Harmoni Permai @ Bandar Universiti Pagoh

Powered by verified data + DOSM

Generated 29 July 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 at RM349,000 offers accessibility for first-time buyers in the landed house segment, though the absence of tenure details and completion timeline limits assessment of long-term value proposition and affordability sustainability.
  • **Location & Connectivity**: Muar's position within Johor provides moderate regional accessibility, but the absence of MRT connectivity and limited public transport infrastructure may restrict appeal to buyers dependent on mass transit and urban employment centers.
  • **Risk & Timing**: Incomplete project specifications (tenure, completion date) present information gaps that elevate investment uncertainty; the developer's track record and market demand for Muar properties should be independently verified before commitment.

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

3.8x

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

RM7,712/mo

DOSM 2024

Mean Household Income

RM9,484/mo

DOSM 2024

Households Above RM8k

~43%

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.