Molek Pine 4
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Johor Bahru, Johor
Type
Serviced Apartment
Price
RM944k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM944,000 entry price is competitive for serviced apartments in Johor Bahru's mid-range segment, though actual value assessment is limited by unclear unit specifications and developer track record details.
- •**Location & Connectivity**: Molek area offers established residential infrastructure and proximity to commercial zones, but the absence of nearby MRT connectivity constrains future accessibility and may limit appeal to transit-dependent buyers compared to KL metro projects.
- •**Risk & Timing**: Unspecified tenure and completion timeline present material uncertainties for investment returns and occupancy planning; buyers should request detailed project schedules and clarification on freehold/leasehold status before commitment.
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 (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
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%
NAPIC data 2021–2025
Price-to-Income
11.4x
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
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 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 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.