Oleander
Powered by verified data + DOSM
Generated 16 June 2026
Developer
—
Location
Johor Bahru, Johor
Type
Landed House
Price
RM808k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Pricing & Value**: Entry price of RM808,000 is competitive for landed houses in Johor Bahru's current market, offering reasonable value for first-time buyers and investors seeking affordability, though lack of tenure specification requires clarification before purchase commitment.
- •**Location & Connectivity**: Johor Bahru location provides good accessibility to commercial hubs and the Singapore border, but absence of nearby MRT connectivity limits public transport options and may impact long-term appreciation compared to transit-oriented developments in the region.
- •**Risk & Timing**: Missing completion timeline and tenure details present notable information gaps that increase investment uncertainty; buyers should exercise caution until these critical specifications are confirmed by the developer, and market timing should consider Johor Bahru's ongoing infrastructure developments.
NewProjek Score
5
Moderate
- • Developer verification status not confirmed
- • Priced 92% 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
RM3,100–4,300
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
9.8x
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 |
|---|---|---|---|
| Ledang Homes @ Genting Indahpura, Kulai, Johor Genting Properties | Kulai | RM437k | New Launch |
| Erica @ Meridin East, Pasir Gudang, Johor Mah Sing Group | Pasir Gudang | RM440k | New Launch |
| Erica East @ Meridin East Mah Sing Group | Pasir Gudang | RM450k | Under Construction |
Why Consider
- • Located in Johor Bahru, Johor
- • By Developer
Risk Factors
- • Under construction — completion delays are possible
- • 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.