Sapphire Élan
Powered by verified data + DOSM
Generated 20 July 2026
Developer
SP Setia
Location
Johor, Johor
Type
Bungalow
Price
RM3.2 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM3.2 million entry point for bungalows in Johor, the pricing is positioned at the premium segment; value assessment is constrained by the absence of tenure information and completion timeline, which are critical determinants of long-term appreciation potential.
- •**Location & Connectivity**: Johor's strategic position as a growth corridor offers development potential, though the absence of listed MRT connectivity limits immediate accessibility to major employment centers; proximity to Singapore and developing commercial nodes may provide future upside.
- •**Risk & Timing**: The lack of specified tenure and completion date presents material information gaps that increase investment risk; buyers should clarify these details urgently, as completion delays or tenure restrictions could significantly impact asset liquidity and holding period returns.
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
- • Located in Johor, Johor
- • 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.