SUMMERA GROVE
Powered by NAPIC + DOSM data
Generated 13 April 2026
Developer
SP Setia
Location
Johor, Johor
Type
2-sty terrace/link house
Price
RM846+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry price of RM846k offers competitive positioning for a 2-storey terrace in Johor's mid-range segment, though actual value depends on unit specifications, built-up area, and comparison with similar developments in the vicinity.
- •**Location & Connectivity**: Johor location provides accessibility to established commercial and residential hubs, but the absence of MRT connectivity limits public transport options and may impact long-term appreciation compared to developments along future transit corridors.
- •**Risk & Timing**: Key project details including tenure type and completion timeline are not disclosed, creating uncertainty for purchasers regarding investment horizon and holding costs; prospective buyers should clarify these fundamentals with the developer before commitment.
NewProjek Score
8
Worth Considering
- • Verified developer with established track record
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Johor — Median Condo Prices (NAPIC)
| 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
RM0–0
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
0.0x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | ✅ Yes |
| RM7,000 | RM1.0 mil | ✅ Yes |
| RM10,000 | RM1.5 mil | ✅ Yes |
| RM15,000 | RM2.3 mil | ✅ Yes |
| RM20,000 | RM3.2 mil | ✅ Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| MAPLE 3 SP Setia | Johor | RM500 | — |
✅ Why Consider
- • Located in Johor, Johor
- • By SP Setia
⚠️ Risk Factors
- • Under construction — completion delays are possible
- • 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.