Property Review

Suasana Iskandar

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Landed House

Price

RM762k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry price of RM762,000 is competitive for landed housing in Johor Bahru, offering reasonable affordability compared to Klang Valley equivalents, though actual value-for-money depends on unit specifications and built-up area which are not detailed.
  • **Location & Connectivity**: Situated in Johor Bahru with no MRT proximity, accessibility relies on road networks and personal transport; proximity to major highways, commercial centers, and amenities requires verification to assess true connectivity advantage.
  • **Risk & Timeline**: Absence of specified completion date and tenure information presents uncertainty for buyers; due diligence is essential to confirm developer credibility, project timeline, and legal structure before commitment.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 81% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM762,000
Johor MedianRM420,000
Priced 81% above area median

Johor — Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM3,000–4,000

Based on similar properties in Johor

Gross Rental Yield

5.0%–6.0%

Annual rental / property price

Area Price Trend

+8.6%

NAPIC data 2021–2025

Price-to-Income

9.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

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
Magnolia @ Impian Hills, Ulu Tiram | Plenitude Berhad

Plenitude Berhad

Ulu TiramRM386kNew Launch
Meridin Bayvue

UEM Sunrise

Iskandar PuteriRM388kCompleted
M Grand Minori

Mah Sing Group

Johor BahruRM390kNew Launch
Why Consider + Risk Factors

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 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.

Suasana Iskandar Property Report — Is It Worth Buying? | NewProjek | NewProjek