Jasmine @ Meridin East
Powered by verified data + DOSM
Generated 15 July 2026
Developer
Mah Sing Group
Location
Pasir Gudang, Johor
Type
Landed House
Price
RM495k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM495,000 entry price for freehold landed houses is competitively positioned within the Pasir Gudang market, offering reasonable value for owner-occupiers, though appreciation potential may be moderate given the mid-range positioning and lack of premium amenities typically associated with higher-priced developments.
- •**Location & Connectivity**: Pasir Gudang's location in southern Johor provides established residential infrastructure and proximity to industrial zones, but lacks MRT connectivity and relies primarily on road-based transport, potentially limiting appeal to buyers seeking seamless public transit options and may impact long-term demand relative to better-connected townships.
- •**Risk & Timing**: The absence of a specified completion date presents uncertainty for buyers regarding occupancy timelines and carrying costs, while Johor's property market sensitivity to economic cycles and competition from nearby established areas warrants careful consideration of purchase timing and market conditions before commitment.
NewProjek Score
7.8
Worth Considering
- • Verified developer with established track record
- • Freehold tenure provides long-term ownership security
- • Priced 18% above area median
Is this project priced fairly?
Johor — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM350,000 | — |
| 2022 | RM358,000 | +2.3% |
| 2023 | RM365,000 | +2.0% |
| 2024 | RM372,000 | +1.9% |
| 2025 | RM380,000 | +2.2% |
Est. Monthly Rental
RM1,900–2,600
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
5.3x
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 Johor
Median Household Income
RM7,712/mo
DOSM 2024
Mean Household Income
RM9,484/mo
DOSM 2024
Households Above RM8k
~43%
Estimated for Johor
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| Eco Tropics Eco World Development | Iskandar | RM279k | Under Construction |
| D'Putra Suites | Kulai | RM322k | Completed |
| Harmoni Permai @ Bandar Universiti Pagoh | Muar | RM349k | New Launch |
Why Consider
- • Pasir Gudang strategic location near Port Klang industrial hub
- • Affordable freehold landed houses starting RM495,000 entry price
- • Reputable Mah Sing Group developer with proven track record
- • Growing Johor property market with strong capital appreciation potential
- • Well-established township with existing amenities and infrastructure
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.