Ledang Homes @ Genting Indahpura, Kulai, Johor
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
Genting Properties
Location
Kulai, Johor
Type
Landed House
Price
RM437k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value/Pricing**: Entry-level pricing of RM437,000 is competitive for freehold landed houses in Johor, offering reasonable value for first-time buyers and investors seeking affordability, though price appreciation potential remains dependent on broader market demand in the Kulai corridor.
- •**Location/Connectivity**: Kulai's proximity to Johor Bahru CBD and established infrastructure provides functional accessibility, but the absence of MRT connectivity and reliance on road-based transport limits long-term appeal compared to projects in more transit-oriented zones.
- •**Risk/Timing**: Unspecified completion timeline presents execution risk and extends investor holding periods, while the wider Johor property market's sensitivity to economic cycles and FDI inflows warrants caution; early commitment should be contingent on clear contractual delivery milestones.
NewProjek Score
7.5
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced in line with area median
Is this project priced fairly?
Johor — Median Condo Prices (NAPIC)
| 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
RM1,700–2,300
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
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
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 |
| One49 Residence, Johor Bahru - Residential Apartment | Johor Bahru | RM289k | New Launch |
| D'Putra Suites | Kulai | RM322k | Completed |
Why Consider
- • Freehold tenure ensures long-term ownership and asset appreciation
- • Genting Properties developer brings reliability and quality construction
- • Kulai location offers affordable entry into Johor market
- • Proximity to Genting Indahpura provides amenities and infrastructure
- • Strong investment potential in growing Johor residential corridor
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 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.