Property Review

SUMMERA GROVE

Powered by verified data + DOSM

Generated 4 June 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 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
Market Price Analysis

Is this project priced fairly?

Developer PriceRM846
Johor MedianRM420,000
Priced 100% below 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

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 SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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

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
CARISSA 1

SP Setia

JohorRM500
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 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.

SUMMERA GROVE Property Report — Is It Worth Buying? | NewProjek | NewProjek