SUMMERA GROVE
Powered by verified data + DOSM
Generated 4 June 2026
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 the Johor market, though the absence of tenure details and completion timeline limits transparent value assessment at this stage.
- •**Location & Connectivity**: Summera Grove benefits from Johor's growth corridor but lacks direct MRT access, relying on road connectivity; proximity to established amenities and future infrastructure development potential should be verified with the developer.
- •**Risk & Timing**: Key investment risks include unclear completion timeline and missing tenure specifications; buyers should obtain detailed project schedules and legal documentation before commitment, particularly given the speculative nature of early-stage property launches.
NewProjek Score
7
Worth Considering
- • Developer verification status not confirmed
- • Priced below area median — potential value opportunity
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
RM0–0
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
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 | Completed |
| CARISSA 1 SP Setia | Johor | RM500 | — |
| SUMMERA GROVE SP Setia | Johor | RM846 | — |
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 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.