Property Review

Taman Permata Penawar, 2-Storey Terrace @ Johor Bahru, Johor

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Johor Bahru, Johor

Type

Landed House

Price

RM470k+

Tenure

Completion

NewProjek Verdict

  • Taman Permata Penawar, 2-Storey Terrace @ Johor Bahru, Johor by the developer is a Landed House development in Johor Bahru, Johor starting from RM470k.
  • With standard tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Priced 12% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM470,000
Johor MedianRM420,000
Priced 12% above 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

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%

NAPIC data 2021–2025

Price-to-Income

5.7x

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

Why Consider + Risk Factors

Why Consider

  • Located in Johor Bahru, Johor
  • By Developer

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.

Taman Permata Penawar, 2-Storey Terrace @ Johor Bahru, Johor Property Report — Is It Worth Buying? | NewProjek | NewProjek