New launch · Freehold · Johor Bahru City Centre
A freehold development set within an established waterfront township, with what the developer describes as the fastest construction progress in Johor Bahru city centre. By R&F Development, the team behind the completed Phase 1, Phase 2 and R&F Mall, part of R&F Group.
*Informal estimate based on current construction progress, not a commitment. Official completion date: 30 Nov 2029.

Entry price
Package details differ by unit, payment method and buyer type. Reach out for details. Figures are rough guidance only; prices, packages and subsidies are set by the developer and may change at its discretion without notice. Verify the latest before making any decision.
Prime location
Everyday necessities are a short walk away: supermarket, restaurants, cafés and a cinema at R&F Mall, with a covered link bridge to JB CIQ and the RTS Link to Woodlands North nearby.







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Track record
Completed, tenanted phases and multiple industry awards, including for rental demand.
Indicative market rental ranges for completed phases of R&F Princess Cove, as published by the developer for 2026. Actual rent depends on view, floor, furnishing, condition and market supply at the time of letting. Shown for reference only and not a guarantee of rental income or yield.
Monthly rent, completed phases (2026)
Awards & recognition
Layouts
A diverse range to choose from, from 313 sq ft studios to spacious five-bedroom, six-bathroom penthouses of up to 3,979 sq ft.
Select a layout type to see its floor plans.
Prices are rough "from" guidance only and exclude stamp duty, levy and other costs. Sizes are approximate built-up areas from the developer's floor plans. All subject to availability and to change at the developer's discretion.
Project details
Sales gallery & show units
Several furnished show units are open at the sales gallery, across different layouts. The dual-key tour below is just one of them. See the finishes and fittings for yourself, and view the township and construction progress on the same visit.
Master plan & facilities
Comprehensive facilities on the Level 6 podium, including a 50 m Olympic-size pool, tennis and basketball courts, indoor badminton and pickleball, gym, yoga studio and entertainment rooms.
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Not sure it's the right one?
Before you commit, we'll put Phase 3 next to the other developments around CIQ and the RTS station, step by step, so you can see whether it fits your budget, your plans and your timeline. I bring a corporate finance and audit background to every property decision.
Own use, rental or both, budget and timing.
Price, layout, location and completion compared.
Show unit and site visit, then a clear next step.
Key questions
Short answers here. Ask me for the detail that applies to you.
Yes. Phase 3 is marketed as open to foreign buyers, with selected units from approximately RM500k. As with any foreign purchase in Johor, state consent is required; your lawyer applies for it after the SPA is signed. I check eligibility for your chosen unit before you pay a booking fee.
The main items are stamp duty on the transfer (MOT), which is 8% for non-Malaysians from 1 January 2026, the state consent levy, legal fees and disbursements. The developer's current packages subsidise several of these. Ask me for an itemised all-in cost for the unit you are considering.
Phase 3 is freehold, and you buy directly from the developer under a sale and purchase agreement, with your own strata title issued in due course. Your lawyer will confirm the title details before you sign.
Progress payments are made into the project's Housing Development Account for your block, as required for licensed developments in Malaysia, with the final stages held by the lawyer as stakeholder until handover.
Panel banks typically lend foreign buyers up to about 80%, subject to their assessment of your income and the unit. Some unit types are available for cash purchase only. I can connect you with bankers who handle Singapore-income applications.
The official completion date is 30 November 2029. Based on current construction progress, completion is informally expected by 2028, but this is not a commitment and timing can change. Rental income only begins after handover, so plan your cash flow for the construction period.
Johor has a substantial supply of new homes, so rents and resale prices depend heavily on choosing the right layout, stack and view. Rental income is in ringgit, so SGD returns move with the exchange rate. Infrastructure timelines, such as the RTS Link, can shift; it is currently targeted to begin service in early 2027. Plan for a medium- to long-term hold.
Foreign sellers pay real property gains tax of 30% on gains within the first five years and 10% from the sixth year, and the buyer's lawyer withholds 7% of the price until the tax is settled. Your exit timing matters; we can plan it at the start.
You can appoint the developer-affiliated property management and leasing service or an independent manager. I can coordinate your handover inspection and introduce trusted local contacts.