Property Review

Suasana Iskandar

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Landed House

Price

RM762k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM762,000 positions this competitively within Johor's landed housing market, though value assessment is constrained by lack of specification details on tenure type, unit specifications, and developer track record.
  • **Location & Connectivity**: Johor Bahru's strategic location near Singapore border supports medium-term appreciation potential; however, absence of nearby MRT connectivity limits accessibility compared to newer developments, relying primarily on road-based transportation.
  • **Risk & Timing**: Elevated execution risk due to missing critical information (tenure, completion timeline, developer credentials), making it difficult to assess project viability; recommend verification of these details before commitment, particularly given Johor's variable development delivery timelines.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 81% above area median — premium pricing
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

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

Johor — Median Condo Prices (Verified)

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%

Verified data 2021–2025

Price-to-Income

8.2x

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

RM7,712/mo

DOSM 2024

Mean Household Income

RM9,484/mo

DOSM 2024

Households Above RM8k

~43%

Estimated for Johor

Comparable Projects

Similar projects in Johor

ProjectLocationPrice FromStatus
Meridin Bayvue

UEM Sunrise

Iskandar PuteriRM388kCompleted
M Grand Minori

Mah Sing Group

Taman PelangiRM390k
M Grand Minori

Mah Sing Group

Taman Pelangi, Johor BahruRM390k
Why Consider + Risk Factors

Why Consider

  • Located in Johor Bahru, Johor
  • By Developer

Risk Factors

  • 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.