SUMMERA GROVE
Powered by verified data + DOSM
Generated 19 July 2026
Developer
SP Setia
Location
Summera Grove, Johor
Type
Landed
Price
RM996k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM846k entry price is competitive for landed properties in Johor's suburban segment, though the lack of tenure specification and completion timeline details limits transparent value assessment.
- •**Location & Connectivity**: Summera Grove benefits from Johor's growth corridor positioning, but the absence of MRT proximity and unclear road connectivity specifics may limit long-term accessibility compared to transit-oriented developments in the region.
- •**Risk & Timing**: Incomplete project information (tenure, completion date) presents a moderate risk for buyers requiring clarity on legal structure and delivery timeline; recommend obtaining comprehensive details from SP Setia before commitment.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 137% 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
RM3,900–5,200
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
10.8x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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
RM7,712/mo
DOSM 2024
Mean Household Income
RM9,484/mo
DOSM 2024
Households Above RM8k
~43%
Estimated for Johor
Similar projects in Johor
| Project | Location | Price From | Status |
|---|---|---|---|
| CARISSA 1 SP Setia | Johor | RM500k | — |
| Allamanda @ Meridin East Mah Sing Group | Pasir Gudang | RM500k | Under Construction |
| Allamanda 3 @ Meridin East Mah Sing Group | Pasir Gudang | RM500k | Under Construction |
Why Consider
- • Located in Summera Grove, 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.