R&F Princess Cove Phase 3 (Casa Suites)
Freehold Luxury Condominiums — Tanjung Puteri, Johor Bahru
Near CIQ & RTS Link | Foreign Buyer Eligible | Handover 2028
Quick Specifications
- Property name: R&F Princess Cove Phase 3 (Casa Suites).
- Location: Tanjung Puteri, Johor Bahru (near CIQ border).
- Tenure: Freehold.
- Project type: Luxury serviced apartment / condo.
- Units offered: 1BR, 2BR and 3BR configurations.
- Price range: From RM900 psf (varies by unit type & floor).
- Handover: 2028 (Phase 3).
- Developer: R&F Properties.
- Foreign buyer eligible: Yes — including foreigners and MM2H holders. Confirm current eligibility rules with your agent before committing.
R&F Princess Cove Phase 3 (Casa Suites) is a freehold luxury serviced apartment development in Tanjung Puteri, Johor Bahru, positioned close to the CIQ checkpoint and the future RTS Link at Bukit Chagar. Phase 3 offers 1, 2 and 3-bedroom configurations, with handover targeted for 2028. Phases 1 and 2 are already completed and substantially sold.
Why This Property? The Singapore-Edge Advantage
R&F Princess Cove isn't a typical Johor development. It's a gateway property designed for three investor profiles:
- 1. Singapore Expats — If you work in Singapore or want a second home within reach of the CIQ, this is your answer. The sheltered link bridge connects directly to Johor Bahru CIQ checkpoint.
- 2. Malaysian Investors (income diversification) — Johor's property market is moving toward mixed ownership — locals and foreigners together. Properties near CIQ and RTS get pricing uplift.
- 3. MM2H Retirees — The MM2H programme attracts affluent retirees globally. Princess Cove's waterfront location, proximity to Singapore, and lower entry price (vs. Singapore property) make it well-suited for this demographic.
Investment Thesis: Capital Appreciation + Rental Yield
- Near-term (2–3 years): RTS Link completion connects Bukit Chagar station to Singapore. Connectivity premium expected.
- Medium-term (3–5 years): CIQ redevelopment and JS-SEZ expansion in the Johor Bahru waterfront corridor.
- Rental yield baseline: 4–5% gross on sub-RM600K units is the working assumption for well-furnished serviced apartments targeting business travellers and MM2H rentals. Actual yields depend on occupancy, management and market conditions.
Location & connectivity
Distances and indicative commute times from Phase 3:
| Destination | Distance | Commute (off-peak) |
|---|---|---|
| Johor Bahru CIQ | 2.0 km | 5–8 min |
| RTS Link — Bukit Chagar Station | 2.5 km | 10–15 min |
| Legoland Malaysia | 4.5 km | 12 min |
| Medini (Iskandar Puteri) | 12 km | 25 min |
| Downtown Singapore | 35 km | 30–40 min |
| Senai International Airport | 22 km | 35 min |
| Singapore Changi Airport | 45 km | 50 min |
Commute times are indicative and will vary with traffic and checkpoint queues, particularly at peak hours.
Tanjung Puteri waterfront corridor
The area is undergoing significant transformation, supported by several parallel developments:
- The Johor Bahru Waterfront Master Plan (2022–2030), covering mixed-use retail, F&B, public parks and cultural spaces.
- CIQ land sales driving commercial development southward from downtown JB.
- New marinas and cruise terminals under construction as leisure and tourism anchors.
- RTS connectivity from 2026, positioning the zone as a Singapore-access point.
Project phases
| Phase | Units | Handover | Status |
|---|---|---|---|
| Phase 1 | 220 | 2024 | Sold out |
| Phase 2 | 280 | 2025 | 95% sold |
| Phase 3 (Casa Suites) | 180 | 2028 | Open for sales |
| Phase 4 | TBD | 2027+ | Future |
Unit Types & Pricing
| Unit Type | Bed / Bath | Built-up (sq ft) | Price Range |
|---|---|---|---|
| 1-Bedroom | 1 / 1 | 550–700 | RM500K–600K |
| 2-Bedroom | 2 / 2 | 850–1,050 | RM600K–750K |
| 3-Bedroom | 3 / 3 | 1,200–1,500 | RM800K–1.1M |
Prices are indicative and vary by unit type, floor and facing. Confirm current pricing and availability with your agent.
Frequently Asked Questions
Is R&F Princess Cove Phase 3 freehold?
Can foreigners buy at R&F Princess Cove Phase 3?
When is handover for Phase 3?
What unit types are available?
Who is the developer?
Can I get a mortgage as a foreign buyer?
Interested in R&F Princess Cove Phase 3?
Get unit photos, developer floor plans, the full project brochure and current pricing.
WhatsApp KikiYour Advisors
Kiki Ong
8 years of resale and secondary market expertise, specialising in subsales, family relocations, and rental yield optimisation. ERA Top 20 Johor (2024), ERA Top 30 (2025).
WhatsApp / Phone: 010-8296178
Both agents are licensed and bilingual (English / Mandarin). Email: info@johorproperty.my
Office: 54B, Jalan Eko Botani 3/6, Taman Eko Botani, 79200 Iskandar Puteri, Johor, Malaysia.
All prices, specifications, distances and timelines are indicative and subject to change by the developer or relevant authorities, and do not form part of an offer or contract. Nothing on this page is financial, tax or legal advice — please consult a licensed adviser regarding your own circumstances before making an investment decision.
