๐Ÿ“Š Property Intelligence Report

Piccolo @ Bandar Putra Kulai, Johor

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Kulai, Johor

Type

Landed House

Price

RM528k+

Tenure

Freehold

Completion

โ€”

NewProjek Verdict

Piccolo @ Bandar Putra Kulai offers affordable entry-level landed properties with freehold tenure in a developing area of Johor, making it suitable for first-time homebuyers with budget constraints. However, the absence of nearby MRT connectivity and unspecified completion timeline present potential drawbacks for those prioritizing accessibility and project certainty. Prospective buyers should conduct thorough due diligence on the developer's track record and local infrastructure development plans before committing.

๐ŸŸก MEDIUM RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Freehold tenure provides long-term ownership security
  • โ€ข Priced 26% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM528,000
Johor MedianRM420,000
Priced 26% above area median

Johor โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM350,000โ€”
2022RM358,000+2.3%
2023RM365,000+2.0%
2024RM372,000+1.9%
2025RM380,000+2.2%
Investment Analysis

Est. Monthly Rental

RM2,100โ€“2,800

Based on similar properties in Johor

Gross Rental Yield

5.0%โ€“6.0%

Annual rental / property price

Area Price Trend

+8.6%

NAPIC data 2021โ€“2025

Price-to-Income

6.4x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

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

RM6,879/mo

DOSM 2022

Mean Household Income

RM8,517/mo

DOSM 2022

Households Above RM8k

~39%

Estimated for Johor

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
One49 Residence, Johor Bahru - Residential ApartmentJohor BahruRM289kNew Launch
D'Putra SuitesKulaiRM322kNew Launch
Nadira Residensi, Kota Tinggi, Johor - 2 Storey Terrace/Link HouseKulaiRM322kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Kulai, Johor
  • โ€ข Freehold title property
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข Premium pricing relative to area median may limit resale upside
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

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Piccolo @ Bandar Putra Kulai, Johor Property Report โ€” Is It Worth Buying? | NewProjek | NewProjek