Oleander
Powered by verified data + DOSM
Generated 31 July 2026
Developer
—
Location
Johor Bahru, Johor
Type
Landed House
Price
RM808k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM808,000 entry price is competitive for landed housing in Johor Bahru's mid-market segment, though the absence of tenure information and completion timeline details limit comprehensive valuation assessment and may obscure true affordability.
- •**Location & Connectivity**: Johor Bahru offers established urban infrastructure and economic activity, but the lack of MRT proximity and unspecified connectivity details suggest reliance on personal vehicles and may impact long-term accessibility and property appreciation relative to rail-connected developments.
- •**Risk & Timing**: Unspecified completion date and tenure details present material project risks; investors lack clarity on possession timelines and ownership structure (Freehold vs. Leasehold), which are critical variables affecting investment returns and legal security in the Malaysian property market.
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
8.7x
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
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 |
|---|---|---|---|
| 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.