MAPLE 3
Powered by NAPIC + DOSM data
Generated 12 May 2026
Developer
SP Setia
Location
Johor
Type
2-sty terrace/link house
Price
RM5001 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM5.001 billion, the pricing appears exceptionally high for 2-storey terrace/link houses in Johor; without clear specifications on unit size, finishes, or amenities, the value proposition requires detailed cost-per-square-foot comparison against comparable Johor developments to justify the premium.
- •**Location & Connectivity**: The Johor location lacks MRT accessibility, limiting connectivity advantages; viability depends on proximity to major highways, commercial nodes, and whether the site offers strategic positioning relative to Singapore or Johor's growth corridors, which are not detailed.
- •**Risk & Timing**: Missing tenure details and completion timeline create significant uncertainty for purchasers; the absence of defined project milestones and land ownership structure presents execution and regulatory risks typical of early-stage developments in Johor's evolving market.
NewProjek Score
7
Worth Considering
- • Verified developer with established track record
- • Priced 1190614% above area median — premium pricing
- • Completed project — no construction risk
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
RM19,483,100–26,359,400
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
60582.9x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | No |
| RM15,000 | RM2.3 mil | No |
| RM20,000 | RM3.2 mil | No |
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
Why Consider
- • By SP Setia
Risk Factors
- • 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 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.