Molek Pine 4
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Johor Bahru, Johor
Type
Serviced Apartment
Price
RM944k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry price of RM944,000 is competitive for serviced apartments in Johor Bahru's mid-market segment, though value assessment is limited without clear unit specifications, finishes, or amenities breakdown.
- •**Location & Connectivity**: Johor Bahru city proximity offers reasonable commercial accessibility, but absence of MRT connectivity is a notable disadvantage compared to developments in KL/Selangor; reliance on road transport may limit appeal to commuters.
- •**Risk & Timing**: Critical project details remain unspecified (tenure length, completion timeline, developer credentials), creating execution and investment timeline uncertainty; recommend clarification before commitment as these factors significantly impact long-term viability.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 148% above area median — premium pricing
- • Completed project — no construction risk
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
RM3,700–5,000
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
10.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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
RM7,712/mo
DOSM 2024
Mean Household Income
RM9,484/mo
DOSM 2024
Households Above RM8k
~43%
Estimated for Johor
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| Jasmine @ Meridin East Mah Sing Group | Pasir Gudang | RM495k | Under Construction |
| Jasmine 2 @ Meridin East Mah Sing Group | Pasir Gudang | RM495k | Under Construction |
| CARISSA 1 SP Setia | Johor | RM500k | — |
Why Consider
- • Located in Johor Bahru, Johor
- • By Developer
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.