MIRA at Shorea Park is likely to appeal to young professionals, young families, first-time home buyers, and the older generation looking to upgrade to a secure environment.
Continue Reading ⋅ 28 October 2021
An artist’s aerial impression of the 15 thirty-five storey residential towers at R&F Princess Cove (Source princesscove-rf.com)
R&F Princess Cove Phase 1 Residence occupies over 12 acres of prime freehold land within the 116-acre, high density integrated development of the same name. Consisting of a total of 15 thirty-five storey high residences towering over Johor Bahru’s central business district (CBD), this huge development by Guangzhou-based developer R&F Properties Co. Ltd fronts the Johor Straits on one side, and the CIQ Complex and City Square on the other.
All 15 towers are interconnected via level 4, where the Skypark is located, occupying 200,000 sq. ft. of recreational space, along with all the in-house amenities and facilities. There are 3 views you can get at this height – view of the ½ Olympic-sized infinity pool, the lush landscaped garden, or the clubhouse.
Property Name: R&F Princess Cove, Johor Bahru
Phase: Phase 1 Residence out of a total of 5 phases
Address: Jalan Tanjung Puteri, 80300 Johor Bahru (opposite the Grand Blue Wave Hotel)
Land Title: Commercial land
Property Type: Serviced Apartment
No. of Residential Towers: 15
No. of Storeys: 35 storeys for all towers
No. of lifts per tower: 4
Built Ups: 1 to 4 bedroom custom-designed units with built ups ranging from 469 to 1,386 sq. ft.
Unit Types:
- Type A
1,073 sq. ft. or 99.7 m²
Balcony, 3 bedrooms, 2 bathrooms, 1 bay window
- Type A1
1,073 sq. ft. or 99.7 m²
Balcony, 3 bedrooms, 2 bathrooms, 2 bay windows
- Type B
797 sq. ft. or 74 m²
Balcony, 2 bedrooms, 1 bathroom, 1 bay window
- Type C
1,059 sq. ft. or 98.4 m²
Balcony, 3 bedrooms, 2 bathrooms, 2 bay windows
- Type D
469 sq. ft. or 43.6 m²
1 bedroom, 1 bathroom, 1 bay window
- Type E (Dual Key)
1,318 sq. ft. or 122.4 m²
Balcony, 3 bedrooms, 2 bathrooms, 3 bay windows
- Type F
1,139 sq. ft. or 105.8 m²
Balcony, 3 bedrooms, 2 bathrooms, 2 bay windows
- Type G
873 sq. ft. or 81.1 m²
Balcony, 2 bedrooms, 2 bathrooms, 2 bay windows
- Type H
1,386 sq. ft. or 128.8 m²
Balcony, 4 bedrooms, 3 bathrooms, 3 bay windows
- Type I
873 sq. ft. or 81.1 m²
Balcony, 2 bedrooms, 1 bathroom, 2 bay windows
- Type J
1,084 sq. ft. or 100.7 m²
Balcony, 3 bedrooms, 2 bathrooms, 2 bay windows
- Type J1
1,081 sq. ft. or 100.4 m²
Balcony, 3 bedrooms, 2 bathrooms, 2 bay windows
- Type K
1,052 sq. ft. or 97.7 m²
Balcony, 3 bedrooms, 2 bathrooms, 3 bay windows
- Type L
1,097 sq. ft. or 101.9 m²
Balcony, 3 bedrooms, 2 bathrooms, 2 bay windows
- Type M
1,129 sq. ft. or 104.9 m²
Balcony, 3 bedrooms, 2 bathrooms, 2 bay windows
- Type N
1,074 sq. ft. or 99.8 m²
Balcony, 3 bedrooms, 2 bathrooms, 1 bay window
Furnishing: Partially-furnished (what’s provided are built-in kitchen + oven by Electrolux and fully-fitted washroom from the developer’s own brand)
No. of Residential Units: 868
Total No. of Car Park Bays: over 4,000 parking bays for Phase 1 Residence
Total Land Area of Phase 1: over 12 acres out of 116 acres (for the entire development)
Selling Price Range:
- Studio (from RM550,000 – RM600,000 onwards)
- 2 bedroom (from RM750,000 onwards)
- 3 bedrooms (from RM830,000 onwards)
- 4 bedrooms & dual key units (from RM1.4 mil onwards)
Bumi discount: 15%
Land Tenure: Freehold
Maintenance Fee: around RM0.40 psf
Official Launch Date for Phase 1: August, 2014
Expected Completion Date for Phase 1: end of 2018
Security features: 4-tier (24-hour security patrol rounding the development)
Johor Bahru Sales Gallery: Jalan Tanjung Puteri, 80300 Johor Bahru, Johor, Malaysia (opposite Grand Blue Wave Hotel)
Opening hours: from Mondays to Sundays between 9 am until 8 pm
In-house Amenities & Facilities (located on Level 4):
- Entrance Hall
- Surau (Prayer Room)
- Reading Room
- Apartment Lobby
- Multi- purpose Hall
- Child Care Center and Children’s Playground
- Infinity Pool
- Children Pool
- Spa/Sauna
- Changing Rooms
- Gymnasium
- Squash Courts
- Table Tennis Room
- Billiard’s Room
- Games Room
- Café
- Events and Functions Room
- Yoga Room
- Playground
- Recreation Deck
- Jogging Track
Get this: Below the residential units is a 3-storey shopping mall spanning 300,000 sq. ft. which will be managed commercially by the developer.
An artist’s impression of Skypark Clubhouse, home to over 20 recreational facilities that overlooks the Johor Straits
The miniature model of Phase 1 R&F Princess Cove showing the 3-level shopping mall
Project Details
Earmarked as a Landmark HOPSCA development in Johor Bahru CBD, it stands for H [Hotel] O [Office] P [Parks] S [Shopping]C [Clubhouse] A [Apartment], and embodies a marina lifestyle concept.
Phases 2 to 5 of R&F Princess Cove will be developed in stages over a ten-year period. This will consist of, in no particular order, a 5-star hotel, a Grade A office tower, Princess Quay Shoplex, just to name a few. An R&F Properties sales representative named Jim says that the company is currently negotiating with hotels in the likes of Hard Rock and Marco Polo Hong Kong to determine who would eventually join in the development. The Grade A office tower will be fully-equipped with 5-star hotel-inspired facilities.
Other highlights of the development:
- An exclusive waterfront food and beverage outlets overlooking Singapore called Fisherman Wharf is in the pipeline.
- A shaded sky bridge (stretching 650 to 700 metres long) starts from the CIQ Complex to Princess Cove at the 2nd floor level of the shopping mall (5 minutes walking distance)
- 24-hour security patrol rounding the areas in the development
THE SHOW UNIT
The living and dining (Source princesscove-rf.com)
A different take on the bedroom with seating area (Source princesscove-rf.com)
Another angle of of the bedroom and seating area (Source princesscove-rf.com)
Bathroom and bedrooms (Source princesscove-rf.com)
Dining, living and balcony (Source princesscove-rf.com)
A different take of the dining, open kitchen, as well as the entrance to a unit (Source princesscove-rf.com)
A closer look at the Princess Cove digitalized door lock reveals that it’s indeed a password and access card system. There are 3 ways to enter the unit – by access card, password or key
One of the bedrooms (Source princesscove-rf.com)
Living room with balcony (Source princesscove-rf.com)
Location
An artist’s impression indicating the location of R&F Princess Cove (Image courtesy of R&F Properties)
On one side of the 116-acre R&F Princess Cove development is the Straits of Johor, and in its middle is the Johor Bahru-to-Singapore Causeway, which runs in the middle of the development from Jalan Tun Abdul Razak. The above image is an artist’s impression of the entire development. In the far distance is Singapore (Source princesscove-rf.com)
Designated on a Zone A locale in Iskandar Malaysia, R&F Princess Cove is nestled 15 kilometres away from the downtown core of Johor Bahru. You won’t be able to miss this particular development due to the mile long red-coloured under-construction banners. On the opposite site of the development is the CIQ (which stands for Customs, Immigration and Quarantine) Complex and City Square. To locate exactly where R&F Princess Cove is, all you have to do is to locate 2 well-known public landmarks in Johor Bahru’s central business district (CBD) – the Grand Blue Wave Hotel, which stands 350 metres away from the development, or the CIQ Complex and adjacent City Square, which is within reach via a 5-minute walk.
Also dotted along the transit route of the proposed high speed railway (HSR) between Kuala Lumpur and Singapore, it is safe to say that R&F Princess Cove is strategically located at the right spot, at the centre of all that’s happening.
Transportation-wise, this property is a stone’s throw away too. There is the JB Sentral Bus Terminal, which, in turn, is located next to the KTM JB Sentral Railway Station. This bus terminal is also one of 2 (the other being Larkin Bus Terminal) bus terminals that is served by Singapore public bus operators. Busses from the JB Sentral Bus Terminal cover the Johor Bahru City Centre area.
What is expected in 2020 is a newly-constructed Johor Bahru-Singapore Rapid Transit System (RTS) interchange station at Bukit Chagar that links Johor Bahru with the Woodlands MRT in Singapore. This station will stand at the opposite side of the CIQ Complex.
A map of the proposed high speed railway (HSR) transit route – from Kuala Lumpur – Seremban – Air Keroh – Muar – Batu Pahat – to Singapore (Image courtesy of R&F Properties)
Nearby Amenities & Facilities:
- Duty Free Zone
- Foon Yew High School
- Persada Johor
- Thistle Hotel
- Meldrum Walk
- Johor Art Gallery
- Woodlands MRT, Singapore
The Grand Blue Wave Hotel in Johor Bahru (Source grandbluewavejb.com.my)
The CIQ Complex in Johor Bahru (Source skyscrapercity.com)
Analysis
| Name of development | Land Tenure | Property Type | No. of Units | No. of Levels | Built ups | Selling price & Price per sq. ft. |
| Austin Regency,Johor Bahru | Freehold | Serviced Apartment | 1,200 | 25 (4 towers) | 490 sq. ft. to1,317 sq. ft. | From RM201,000 to RM819,200 |
| D’Ambience Residences,Johor Bahru | Freehold | Serviced Apartment | 312 | 21 (2 towers) | 513 sq. ft. to1,414 sq. ft. | From RM220,000 onwards |
| R&F Princess Cove,Johor Bahru | Freehold | Serviced Apartment | 868 | 35 (15 towers) | 469 sq. ft. to1,386 sq. ft. | From RM550,000 onwards |
Rental Rates
According to Jim from R&F Properties, the rent for a 2-bedroom apartment unit in downtown Johor Bahru is between RM2,000 to RM2,500.
About the Developer
Founded in 1994 and publicly-listed since 2005, Guangzhou R&F Properties Co. Ltd (R&F Properties) appears on the Main Board of The Stock Exchange of Hong Kong Ltd. Apart from Guangzhou, the company also has presence in Beijing, Tianjin, Shanghai, Hangzhou, Xi’an, Chongqing, Hainan, Taiyuan, Shenyang, Huizhou, Nanjing, Chengdu, Harbin, Datong, Wuxi, Changsha, Meizhou, Fuzhou, and Guiyang.
In China, R&F Properties mainly develops “for sale” residential and commercial properties, alongside with property investment and hotel operations. Labelling itself as an “Extraordinary Builder of the Future”, this developer also built numerous 5-star hotels, high-rise offices (including Grade A offices, i.e. the Tianjin Guangdong Building) and condominiums (not excluding Villa Homes), as well as shopping and commercial complexes across China.
Previously named Top Honorable Branded Property Developer in China, R&F Properties have started to branch out of China in 2013. This led to the purchasing of 6 parcels of land in Zone A, Iskandar Malaysia and thereafter, the introduction of R&F Princess Cove, signifying the developer’s maiden project in Malaysia and outside of home soil.
Summary
Swaying palm trees and white sands of the beach flushed by azure-coloured waters. The rippling sounds of water is soothing to the mind, body and soul. The presence of water is soothing. The Chinese believe that setting a home next to a large body of water, whether man-made or natural, translates to prosperity. This is just one of many perks offered by R&F Princess Cove.
R&F Princess Cove are one of those large-scale developments that boosts and revitalises the entire waterfront landscape of Johor, and a waterfront property many wouldn’t want to miss. Its proximity to Singapore makes it extra attractive! Currently, 70% out of the 7 towers that are currently open for sale is already sold out.
