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Project Memo

Pine 1 & 2 Investment Memo

Setia Eco Gardens, Gelang Patah, Pulai, Johor Bahru, Johor · RM 602K-893K

Tenure

Freehold

Size

1445-1646 sqft

Developer

SP Setia

Completion

Q4 2024

Total units

116

Type

Condominium

Entry and holding

RM 602K-893K. Check nett price, package, maintenance, furnishing and vacancy buffer before booking.

Tenant and exit

Likely target audience: local own-stay families, upgraders or practical renters in the surrounding area. Before booking, compare entry price against nearby completed projects so the resale gap is clear. For rental planning, check realistic furnished rental, maintenance fee and vacancy buffer instead of only gross yield.

Risk notes

Traffic and actual travel time should be checked during weekday peak hour. Final package, rebate, car park allocation and legal fee support can change without notice. Rental estimate should be checked against current completed supply nearby. Construction timeline and VP date should be reconfirmed with the developer.

Cash buffer guide

SPA / legal buffer: RM 6,020

Stamp duty buffer: RM 18,060

Loan agreement buffer: RM 3,010

Renovation / move-in buffer: RM 15,050

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