📊 Property Review

SUMMERA GROVE

Powered by NAPIC + DOSM data

Generated 20 April 2026

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Executive Summary

Developer

SP Setia

Location

Summera Grove, Johor

Type

Landed

Price

RM846+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM846k entry price is competitive for landed properties in Johor's mid-tier segment, though value assessment is limited without specification of built-up size, land area, or unit type details.
  • **Location & Connectivity**: Johor location offers affordability advantage but lacks MRT accessibility, relying on road-based transport; proximity to major highways and commercial hubs requires verification for daily commute feasibility.
  • **Risk & Timing**: Absence of specified completion date and tenure details creates uncertainty for investment planning; buyers should clarify development timeline and obtain legal documentation before commitment to mitigate execution and ownership risks.

NewProjek Score

8

Worth Considering

  • Verified developer with established track record
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM846
Johor MedianRM420,000
Priced 100% below 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

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 SalaryMax AffordableCan Afford?
RM5,000RM704k✅ Yes
RM7,000RM1.0 mil✅ Yes
RM10,000RM1.5 mil✅ Yes
RM15,000RM2.3 mil✅ Yes
RM20,000RM3.2 mil✅ Yes

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
MAPLE 3

SP Setia

JohorRM500Completed
SUMMERA GROVE

SP Setia

JohorRM846
Why Consider + Risk Factors

✅ Why Consider

  • Located in Summera Grove, 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.