Ledang Homes @ Genting Indahpura, Kulai, Johor
Powered by verified data + DOSM
Generated 29 July 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 offers affordability for first-time buyers in the landed house segment, though the absence of specified completion dates makes it difficult to assess value trajectory and potential rental yield timing.
- •**Location & Connectivity**: Kulai's position in southern Johor provides moderate accessibility to Johor Bahru's commercial hubs, but the absence of nearby MRT connectivity and reliance on personal vehicles may limit long-term appreciation potential compared to transit-oriented developments.
- •**Risk & Timing**: The lack of a specified completion timeline presents execution risk and uncertainty for investors planning cash flow or occupancy, while the market-dependent nature of this corridor means returns are contingent on broader Johor property market performance and infrastructure developments.
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 (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
RM1,700–2,300
Based on similar properties in Johor
Gross Rental Yield
5.0%–6.0%
Annual rental / property price
Area Price Trend
+8.6%
Verified data 2021–2025
Price-to-Income
4.7x
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
- • Strategic Kulai location with growing commercial and residential development
- • Affordable freehold landed houses under RM450,000 price point
- • Genting Properties developer with established track record
- • Proximity to major highways for seamless connectivity
- • Strong investment potential in developing Johor property market
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.