Property Review

Meridin East @ Pasir Gudang

Powered by verified data + DOSM

Generated 15 July 2026

← Back to listing
Executive Summary

Developer

Mah Sing Group

Location

Pasir Gudang, Johor

Type

Landed House

Price

RM792k+

Tenure

Freehold

Completion

2018

NewProjek Verdict

  • **Pricing & Value**: Entry-level pricing of RM792,100 offers affordability for first-time buyers in the landed house segment, though value assessment requires comparison with competing projects in Pasir Gudang; lack of specified completion timeline introduces uncertainty in cost escalation risks.
  • **Location & Connectivity**: Pasir Gudang provides industrial and commercial proximity with established infrastructure, but absence of MRT connectivity limits public transport accessibility and may constrain long-term appreciation potential compared to projects along major transit corridors.
  • **Risk & Timing**: Undefined completion timeline presents execution risk and delays in occupancy; market timing in Pasir Gudang requires careful consideration of broader Johor property cycle and absorption rates for landed properties in this secondary location.

NewProjek Score

8.2

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced 89% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM792,100
Johor MedianRM420,000
Priced 89% 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

RM3,100–4,200

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

8.6x

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

RM7,712/mo

DOSM 2024

Mean Household Income

RM9,484/mo

DOSM 2024

Households Above RM8k

~43%

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

  • Strategic Pasir Gudang location with strong industrial and commercial growth
  • Affordable freehold landed house under RM800k price point
  • Mah Sing Group developer ensures quality construction and after-sales support
  • Proximity to port, manufacturing hub boosts long-term appreciation potential
  • Ideal investment for rental yield in developing Johor corridor

Risk Factors

  • Premium pricing relative to area median may limit resale upside
  • 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 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.