Meridin East @ Pasir Gudang
Powered by verified data + DOSM
Generated 31 May 2026
Developer
Mah Sing Group
Location
Pasir Gudang, Johor
Type
Landed House
Price
RM792k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM792,100 entry point is competitive for freehold landed houses in Johor's industrial zone, though pricing appears modest relative to similar developments in more established residential areas, suggesting acceptable value for budget-conscious buyers.
- •**Location & Connectivity**: Pasir Gudang's industrial character provides affordability but limited lifestyle amenities; absence of MRT connectivity and distance from Johor Bahru city center constrains accessibility, relying heavily on private vehicle dependency for commuting.
- •**Risk & Timing**: Unspecified completion timeline creates uncertainty for investment planning and cash flow projections; industrial area classification carries inherent risks of environmental factors and slower capital appreciation compared to residential-focused townships.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 89% above area median — premium pricing
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
RM3,100–4,200
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
9.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| 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
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| Freesia @ Saujana Jaya, Kulai | Kulai | RM399k | New Launch |
Why Consider
- • Pasir Gudang industrial hub offers strong rental demand potential
- • Reputable Mah Sing Group ensures quality construction standards
- • Freehold tenure provides long-term ownership security
- • Strategic location near major employment centres and highways
- • Affordable landed homes in growing Johor corridor
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 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.