Sapphire Élan
Powered by verified data + DOSM
Generated 13 July 2026
Developer
SP Setia
Location
Johor
Type
Bungalow
Price
RM3.2 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Pricing & Value**: The RM3.2 million entry price positions Sapphire Élan in the premium bungalow segment; value assessment is constrained by the absence of specified tenure details and completion timeline, which are critical factors for investment returns and market competitiveness.
- •**Location & Connectivity**: The Johor location offers regional growth potential, but the lack of nearby MRT connectivity limits accessibility to public transport infrastructure, making this development more reliant on private vehicle ownership and potentially restricting its appeal to commuters requiring urban linkage.
- •**Risk & Timing**: The non-disclosure of tenure type and completion date introduces material uncertainty regarding asset permanence and liquidity; these missing specifications suggest the project may be in early marketing phases, requiring buyers to commit capital without clear development timelines or regulatory clarity.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 662% 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
RM12,500–16,900
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
34.6x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | No |
| RM15,000 | RM2.3 mil | No |
| RM20,000 | RM3.2 mil | Stretch |
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
Why Consider
- • By SP Setia
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.