Property Review

HARP @ Taman Desa Tebrau

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Landed House

Price

RM1.3 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM1.3 million entry point is competitive for landed houses in Johor Bahru, offering reasonable value proposition for the property type, though affordability assessment requires comparison with similar projects in the same locality and size specifications.
  • **Location & Connectivity**: Taman Desa Tebrau provides residential accessibility within Johor Bahru, but absence of nearby MRT connectivity limits public transportation options and may restrict appeal to buyers dependent on mass transit, potentially affecting long-term demand and resale liquidity.
  • **Risk & Timing Concerns**: Critical project details remain unspecified including tenure type, completion timeline, and developer track record, creating uncertainty for investment decision-making; buyers should clarify these details before commitment as they significantly impact ownership rights, occupancy timing, and financial viability.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 210% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,300,000
Johor MedianRM420,000
Priced 210% above area median

Johor — Median Condo Prices (NAPIC)

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

RM5,100–6,900

Based on similar properties in Johor

Gross Rental Yield

5.0%–6.0%

Annual rental / property price

Area Price Trend

+8.6%

NAPIC data 2021–2025

Price-to-Income

15.7x

National avg: 6.8x

Loan Eligibility by Salary

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

Why Consider + Risk Factors

Why Consider

  • Located in Johor Bahru, Johor
  • By Developer

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
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Disclaimer: This report is generated using publicly available data from NAPIC, 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.