MAPLE 3
Powered by NAPIC + DOSM data
Generated 14 May 2026
Developer
SP Setia
Location
Johor, Johor
Type
2-sty terrace/link house
Price
RM500+
Tenure
—
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry point of RM500k offers competitive positioning for 2-storey terrace housing in Johor; however, without specified tenure details or completion timeline, the actual value proposition and investment returns remain unclear and require developer clarification.
- •**Location & Connectivity**: Johor location provides affordable residential market access, but the absence of nearby MRT connectivity limits appeal for commuters and may constrain long-term appreciation compared to transit-oriented developments in the Klang Valley or Selangor.
- •**Risk & Timing**: Unspecified completion date and tenure status present material uncertainties for buyers; market timing risk is elevated given Johor's variable property demand cycles, and lack of transparency on project milestones warrants cautious consideration before commitment.
NewProjek Score
8.5
Strong Buy Signal
- • Verified developer with established track record
- • Priced below area median — potential value opportunity
- • 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
RM0–0
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
0.0x
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
Why Consider
- • Located in Johor, Johor
- • By SP Setia
Risk Factors
- • 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 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.