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Johor ยท R&F Princess Cove Phase 1

R&F Princess Cove Phase 1 - 1
1/5
Service ResidenceFor Sale

R&F Princess Cove Phase 1

RMย 528,000

Jalan Tanjung Puteri, Johor Bahru, Johor

1Bath

Bathrooms

469

sq ft

Freehold tenure

Tenure

Description

No Cobroke โ€” Direct Buyers OnlyProperty Details:R&F Princess Cove @ Phase 1 (Block A6-1)Studio Unit + 1 BathroomSize: 469 SqftFloor Level: High FloorTenure: Freehold & Non-Bumi LotCondition: Fully FurnishedTenancy Status: Tenanted until Jan 1, 2027 (RM 2,400/mth)Bank Value: RM 600,000 (Public Bank & Hong Leong Bank)Selling Price: RM 528,000Note: Pictures shown are for illustration purposes only to protect owner's privacy. Viewing available on Weekends only.WhatsApp/Call Jason+6*****For more info or viewingKey Highlights:Cheapest Entry Price in Project: At RM 528,000, this is officially the most affordably priced studio unit in the entire R&F Princess Cove market. It offers the lowest entry barrier for investors looking to own a piece of this landmark development.High Yield Investment (ROI 5.4%): Currently tenanted at RM 2,400 per month, this unit delivers a stable 5.4% gross rental return. This significantly outperforms the average residential yield in Johor Bahru, making it a high-performance asset for your portfolio.Huge Equity Gain (Below Market Value): With a bank valuation of RM 600,000, you are purchasing this unit at nearly RM 72,000 below value. This represents immediate paper gain and a safe safety margin for your investment.

Key Features & Facilities

Amenities

Air conditionerBedCooker hoodCovered car parkingFridgeSecurity guardSmoke alarmWater heater

Common Facilities

24 hours securityBbqClubhouseGymJacuzziJogging trackLandscaped gardenMulti-purpose hallPlaygroundSwimming poolTennis courtsYoga room

Specifications

Property TypeService Residence
FurnishingFully Furnished
Built-up Size469 sq ft
TenureFreehold tenure
Built Year2024
Listed Date29 Apr 2026

Location

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๐Ÿ“ Jalan Tanjung Puteri, Johor Bahru, Johor

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Jason Fam

Jason Fam

IQI REALTY SDN. BHD. [ E (1) 1584/6 ]

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Jason Fam

Jason Fam

IQI REALTY SDN. BHD. [ E (1) 1584/6 ]