R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor
New LaunchFreehold

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor

by R&F PropertiesJohor Bahru, Johor

From

RM640k

Price From

RM640k

Built-Up

313 sqft

Price Insights

Developer Asking Price

RM2,045/sqft

Based on RM640k ÷ 313 sqft

Johor Market Range

RM300550/sqft

Q3 2025 median (high-rise residential)

Based on Johor Bahru, Johor market data, similar properties transact at RM300–RM550 psf. This project is priced above the area median — typical for new launches with premium finishes.

ReviewDo Your HomeworkBased on verified transaction data

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor Review — Worth Buying?

NP Score

6.7/10

Moderate

Asking PSF

RM2,045

per sqft

The case for buying

  • Freehold tenure ensures long-term property ownership and asset appreciation
  • Prime Johor Bahru location with strong rental demand potential
  • R&F Properties' reputable developer backing ensures quality construction standards
  • Serviced apartment offers flexible income generation through short-term rentals
  • Competitive RM640,000 price point for strategic city centre positioning

The honest verdict

Value & Pricing

Unit pricing from RM640,000 is competitive for serviced apartments in Johor Bahru's mid-range segment, though returns depend on occupancy rates and management efficiency; investors should benchmark against comparable serviced apartment yields (typically 4-6% gross) to assess value proposition.

Location & Connectivity

Johor Bahru's central location offers accessibility to Singapore via causeway and strong domestic connectivity; however, the absence of nearby MRT connectivity limits appeal for non-driving residents and may constrain long-term demand compared to transit-oriented developments.

Risk & Timing

2024 completion timing is imminent with execution risk dependent on developer track record; the serviced apartment segment carries higher operational risk than residential units due to management-dependent returns, and market saturation in Johor Bahru's serviced apartment sector warrants careful demand assessment before commitment.

Unlock the full data report — free with sign-in:

  • Market price analysis — is it fairly priced?
  • Investment analysis — rental yield & capital growth
  • Loan eligibility — salary needed to buy
  • Area income profile (DOSM)
  • Comparable projects side-by-side
View Full Report — Free with Sign-in

No payment needed · Takes 10 seconds

Compare more Johor property reviews →

Project Details

Property Type

Serviced Apartment

Land Tenure

Freehold

Construction Status

New Launch

Expected Completion

2024

Bumi Discount

Not Available

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor Video Tour

Watch a video tour of R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor in Johor Bahru, Johor. Serviced Apartment by R&F Properties.

Video sourced from YouTube. Not affiliated with the developer.

More videos →

Why Consider R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor?

Based on location data and market analysis

  • Freehold tenure ensures long-term property ownership and asset appreciation
  • Prime Johor Bahru location with strong rental demand potential
  • R&F Properties' reputable developer backing ensures quality construction standards
  • Serviced apartment offers flexible income generation through short-term rentals
  • Competitive RM640,000 price point for strategic city centre positioning

Investment Snapshot

Based on verified transaction data for Johor

Est. Monthly Rental

RM2,5003,400

Based on similar properties in Johor

Gross Rental Yield

5.0%–6.0%

Annual rental / property price

Airbnb Estimate

RM2,900/mo

RM155/night × 62% occupancy · 5.4% gross yield

See Airbnb guide →

Area Price Trend

+8.6%

Verified sold prices 2021–2025

Price-to-Income

6.9x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Johor (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history in Johor Bahru

Browse real verified transaction prices for nearby properties

Can I afford this?

Estimate only — actual bank approval depends on your credit profile and existing commitments.

Est. monthly repayment

RM 2,620/mo

Based on 10% down, 35yr tenure at 4.2% p.a.

52% Principal — RM 576,00048% Interest — RM 524,374

Minimum gross monthly income typically needed

RM 4,367/mo

Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.

Check with your real income →

Estimated cash needed upfront

Down payment (10%)RM 64,000
Stamp duty (MOT + loan)RM 16,080
Legal fees (SPA + loan)RM 14,660
Total upfrontRM 94,740

Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).

Full stamp duty & legal fee breakdown →
Property PriceRM 640,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor?

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor starts from RM640k. Contact the developer directly on NewProjek for the latest pricing.

Where is R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor located?

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor is located in Johor Bahru, Johor, Malaysia.

Who is the developer of R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor?

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor is developed by R&F Properties.

What type of property is R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor?

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor is a Serviced Apartment development with Freehold tenure.

What is the construction status of R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor?

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor is currently New Launch. Expected completion is 2024.

Berapa harga R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor?

R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor dijual bermula dari RM640k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Interested in R&F Princess Cove Phase 3, New Casa Suites, Serviced Apartment, Johor Bahru, Johor?

Connect directly with the developer. Real market prices.

Direct developer pricing

Price list within 24hrs

Free transaction report

Your details go directly to the developer. Straight to the developer's sales team.

R

R&F Properties

Johor Bahru, Johor

I confirm that I have read the privacy policy and allow my information to be shared with this developer who may contact me later.

View all projects by R&F Properties
Save to Favourites

Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

Search Transaction Data →

Follow for new-launch reviews

We review new launches like this one — verified prices, real verdicts, no fluff. Follow @newprojek.my so the next one finds you.