Property Review

The Garden Residences @ Skudai

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Skudai, Johor

Type

Serviced Apartment

Price

RM371k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: The entry price of RM371,000 is competitive for serviced apartments in Johor's secondary markets, offering reasonable value proposition, though affordability depends on unit size, finishes, and amenities relative to comparable developments in the region.
  • **Location & Connectivity**: Skudai offers established infrastructure and proximity to educational institutions and commercial nodes, but the absence of nearby MRT connectivity limits accessibility for those dependent on public transport; road-based mobility remains the primary option.
  • **Risk & Timing**: Critical information gaps—including unspecified tenure type and completion timeline—present material risks for investment decision-making; buyers should seek clarity on these fundamentals before commitment, particularly given current market volatility in secondary property markets.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Priced in line with area median
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM371,000
Johor MedianRM380,000
Priced 2% below 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

RM1,400–2,000

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

4.5x

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
2-Storey Terrace (RMMJ Type D) @ Taman Akasia, Kluang, JohorKluangRM250kNew Launch
One49 Residence, Johor Bahru - Residential ApartmentJohor BahruRM289kNew Launch
D'Putra SuitesKulaiRM322kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Skudai, Johor
  • By Developer

Risk Factors

  • 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.