Jasmine @ Meridin East
Powered by verified data + DOSM
Generated 31 May 2026
Developer
Mah Sing Group
Location
Pasir Gudang, Johor
Type
Landed House
Price
RM495k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM495,000 entry point is competitively positioned for freehold landed houses in Johor, offering reasonable value for the property type, though long-term appreciation may be moderate given the mid-tier location and developer track record in the region.
- •**Location & Connectivity**: Pasir Gudang offers established residential infrastructure and industrial proximity, but the absence of MRT connectivity and distance from major commercial hubs limits accessibility; reliance on private transport and regional road networks may affect convenience and resale appeal.
- •**Risk & Timing**: Unspecified completion timeline presents uncertainty for buyers, and the broader Pasir Gudang market shows slower capital growth compared to premium zones; purchase timing should align with personal occupancy needs rather than short-to-medium term investment returns.
NewProjek Score
6.8
Moderate
- • Developer verification status not confirmed
- • 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
6.0x
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
RM6,879/mo
DOSM 2022
Mean Household Income
RM8,517/mo
DOSM 2022
Households Above RM8k
~39%
Estimated for Johor
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| 2-Storey Terrace (RMMJ Type D) @ Taman Akasia, Kluang, Johor | Kluang | RM250k | New Launch |
| Eco Tropics Eco World Development | Iskandar | RM279k | Under Construction |
| One49 Residence, Johor Bahru - Residential Apartment TH TEBRAU LAND SDN BHD | Johor Bahru | RM289k | New Launch |
Why Consider
- • Pasir Gudang industrial hub offers strong rental demand
- • Freehold tenure ensures long-term ownership security
- • Mah Sing Group reputation guarantees quality construction
- • Affordable RM495k entry point for landed homes
- • Strategic location near port and manufacturing zones
Risk Factors
- • Under construction — completion delays are possible
- • 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.