Property Review

MAPLE 3

Powered by verified data + DOSM

Generated 28 June 2026

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Executive Summary

Developer

SP Setia

Location

Johor, Johor

Type

2-sty terrace/link house

Price

RM500+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: The RM500k entry price is competitive for a 2-storey terrace in Johor, though the absence of specified tenure (freehold vs leasehold) and completion timeline creates uncertainty regarding long-term value retention and actual cost of ownership.
  • **Location & Connectivity**: While Johor offers affordability, the lack of nearby MRT connectivity limits accessibility to major employment centers and may constrain future appreciation compared to properties along rapid transit corridors in the Klang Valley or Penang.
  • **Risk & Timing**: Key risks include missing tenure and completion details from the developer, which are essential for assessing investment viability; buyers should obtain full specifications before commitment, and consider that Johor's property market remains more volatile than established markets despite recent growth.

NewProjek Score

7.5

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM500
Johor MedianRM420,000
Priced 100% below 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

RM0–0

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

0.0x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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
CARISSA 1

SP Setia

JohorRM500
Why Consider + Risk Factors

Why Consider

  • Located in Johor, Johor
  • By SP Setia

Risk Factors

  • 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.