Taman Permata Penawar, 2-Storey Terrace @ Johor Bahru, Johor
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Johor Bahru, Johor
Type
Landed House
Price
RM470k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM470,000 entry price is competitive for landed 2-storey terrace housing in Johor Bahru's mid-tier market segment, though pricing competitiveness depends on built-up size, finishes, and comparison with nearby developments in similar localities.
- •**Location & Connectivity**: Johor Bahru offers established urban infrastructure and economic activity, but the absence of nearby MRT connectivity limits future public transportation accessibility; property value appreciation will rely on road networks and local amenities rather than rapid transit linkages.
- •**Risk & Timing**: Critical project details—tenure type, completion timeline, and developer track record—remain unspecified, creating uncertainty around financing eligibility (especially for Bumiputera vs. non-Bumiputera buyers), delivery schedules, and long-term holding periods; these should be clarified before commitment.
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
5.1x
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
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 |
|---|---|---|---|
| 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 economic growth potential
- • Affordable terrace house entry point for first-time buyers
- • Landed property investment with tangible asset appreciation prospects
- • Well-established residential area offering community stability and amenities
- • Competitive RM470,000 price point for 2-storey terrace configuration
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.