Taman Permata Penawar, 2-Storey Terrace @ Johor Bahru, Johor
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Johor Bahru, Johor
Type
Landed House
Price
RM470k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM470,000 entry price is competitive for 2-storey terrace housing in Johor Bahru's mid-range segment, though pricing competitiveness should be verified against comparable developments in the same locality.
- •**Location & Connectivity**: Johor Bahru offers reasonable urban accessibility and economic activity; however, the absence of listed MRT connectivity limits high-speed public transport options and may impact long-term appreciation potential compared to KL developments with rail infrastructure.
- •**Risk & Timing**: Critical project information gaps—including unspecified tenure type, completion timeline, and developer details—present material uncertainties; prospective buyers should obtain clarification on these factors before commitment, as they directly affect ownership structure, investment horizon, and developer credibility assessment.
NewProjek Score
5.3
Moderate
- • Developer verification status not confirmed
- • Priced 12% above area median
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
RM1,800–2,500
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
5.7x
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 |
|---|---|---|---|
| Eco Tropics Eco World Development | Iskandar | RM279k | Under Construction |
| D'Putra Suites | Kulai | RM322k | Completed |
| Harmoni Permai @ Bandar Universiti Pagoh | Muar | RM349k | New Launch |
Why Consider
- • Strategic Johor Bahru location with strong growth potential
- • Affordable 2-storey terrace at RM470,000 entry price
- • Established residential area with community infrastructure
- • Solid investment opportunity in expanding Johor market
- • Family-friendly landed property in developed neighbourhood
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.