Property Review

Maison One @ Taman Mutiara Maju, Skudai, Johor Bahru

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Landed House

Price

RM812k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing:** Entry-level pricing of RM812,000 offers competitive positioning within the Skudai market for freehold landed houses, though pricing justification depends on built-up area, finishes, and lot size which require detailed comparison with nearby comparable properties.
  • **Location & Connectivity:** Skudai presents moderate accessibility with established residential infrastructure, though the absence of nearby MRT connectivity limits public transport options and may impact long-term capital appreciation compared to properties along planned rapid transit corridors.
  • **Risk & Timing:** The unspecified completion timeline creates uncertainty for investment planning and occupancy schedules; coupled with Johor's market sensitivity to policy changes and KL-centric migration patterns, purchasers should clarify delivery dates and demand transparent progress milestones before commitment.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 93% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM812,000
Johor MedianRM420,000
Priced 93% above area median

Johor — Median Condo Prices (Verified)

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

RM3,200–4,300

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

9.8x

National avg: 6.8x

Loan Eligibility by Salary

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

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
Ledang Homes @ Genting Indahpura, Kulai, Johor

Genting Properties

KulaiRM437kNew Launch
Erica @ Meridin East, Pasir Gudang, Johor

Mah Sing Group

Pasir GudangRM440kNew Launch
Erica East @ Meridin East

Mah Sing Group

Pasir GudangRM450kUnder Construction
Why Consider + Risk Factors

Why Consider

  • Freehold landed house in established Taman Mutiara Maju neighbourhood
  • Strategic Skudai location near Johor Bahru commercial and business hubs
  • Competitive RM812,000 price point for landed property investment
  • Growing area with strong capital appreciation and rental potential
  • Accessible to major roads and Johor Bahru amenities

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 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.