Property Key Specs
- Developer: R&F Development Sdn Bhd
- Location: Johor Bahru, Jalan Tanjung Puteri 1, R&F Tanjung Puteri, Johor Bahru
- Tenure: Freehold
- Property Type: Serviced Apartment
- Starting Price: RM 430,000
- Bedrooms: 1 - 5 Beds
- Built-up Sizes: 314 - 1,556 sqft
- Maintenance Fee: RM 0.42 / sqft — about RM 420 a month on a 1,000 sq ft unit
- Completion: Under Construction (2029)
The price shown is gross (developer list price). Ask me for the net price →
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Floor plans
Princess Cove RNF Phase 3: the monthly bill, line by line
The starting-price unit at Princess Cove RNF Phase 3 is RM 430,000. Borrow 90% of it, RM 387,000, over 35 years at 4% (an example rate) and the instalment comes to about RM 1,714 a month. The smallest unit here, 314 sq ft, adds about RM 132 in maintenance, sinking fund included, so plan on about RM 1,846 a month before assessment tax and quit rent.
Tell me the unit you have in mind on WhatsApp, +60 17-279 8932, and I will work out its own figures.
4% is an example rate, not a bank's quote, and the price you sign depends on the unit and the floor. For another loan amount, scale it with the table further down.
The example, line by line
| Item | Per month | How it is worked out |
|---|---|---|
| Loan instalment | RM 1,714 | 90% of RM 430,000, 35 years, 4% a year |
| Maintenance fee | RM 132 | 314 sq ft × RM 0.42 |
| Sinking fund | Included in the fee | 10% of the maintenance charge, the legal minimum |
| Assessment tax | Billed twice a year | Local council: annual value × rate |
| Quit rent | Billed once a year | Due 1 January |
| Each month, before the two taxes | RM 1,846 | Instalment plus maintenance |
How the instalment is worked out
Instalment = loan × r × (1 + r)n ÷ [(1 + r)n − 1], where r is the yearly rate divided by 12 and n is the number of months: 420 for 35 years.
New floating-rate home loans are priced as the Standardised Base Rate (SBR) plus the bank's own spread, and the SBR follows Bank Negara's Overnight Policy Rate, 2.75% since 9 July 2025. So 4% is an example, not a quote. On the RM 387,000 loan above, 4.5% instead of 4% adds about RM 118 a month, and 30 years instead of 35 adds about RM 134. A third or later home loan in your own name is capped at 70% of the property's value.
| Every RM 100,000 borrowed | 4.0% | 4.5% | 5.0% |
|---|---|---|---|
| 35 years | RM 443 | RM 473 | RM 505 |
| 30 years | RM 477 | RM 507 | RM 537 |
To use it, multiply by your loan in hundreds of thousands: RM 450,000 at 4% over 35 years is 4.5 × RM 443, about RM 1,994 a month.
Maintenance fee and sinking fund
Maintenance at Princess Cove RNF Phase 3 runs RM 0.42 a square foot each month, sinking fund included. The Strata Management Act 2013 sets the sinking fund at no less than 10% of the maintenance charge, kept for repainting, lift replacement and other big repairs.
That is above the RM 0.40 median of the 107 high-rise projects on this site: on the 314 sq ft unit, about RM 6 a month more than a building charging the median. The fee is the cost that stays for as long as you own the unit, so it is the line worth comparing between projects.
Foreign buyers
Johor's line for a foreign buyer is RM 1,000,000. Princess Cove RNF Phase 3 runs from RM 430,000 to RM 5,200,000, so the units at RM 1,000,000 or more clear it the usual way. Each purchase needs State Authority approval. Under RM 1,000,000 there is a second route: with State Authority approval, the developer may sell these commercial-title serviced apartments to a foreigner directly, for a state levy of at least RM 50,000 plus RM 2,000 per title to apply. A resale purchase cannot use it.
Every state's foreign-buyer line and approval, side by side → · Buying in Johor Bahru: the process, step by step →
Access and nearby amenities
Train stations
- Johor Bahru Sentral — about 700 m in a straight line · about 1.2 km walk (15 min)
- Bukit Chagar — about 1.1 km in a straight line · about 1.6 km walk (21 min)
- Woodlands Train Checkpoint — about 1.8 km in a straight line
Shopping malls
- Johor Bahru City Square — about 740 m in a straight line · about 1.4 km walk (18 min)
- Gallaria@Kotaraya — about 870 m in a straight line · about 1.4 km walk (18 min)
- Komtar JBCC — about 920 m in a straight line · about 1.3 km walk (18 min)
Supermarkets
- Jaya Grocer — about 100 m in a straight line · about 160 m walk (2 min)
- KNN Supermarket — about 810 m in a straight line · about 1.4 km walk (19 min)
Schools and campuses
- Open University Malaysia — about 590 m in a straight line
- Unitar International University — about 980 m in a straight line
- Sekolah Menengah Foon Yew — about 1.3 km in a straight line
Hospitals and clinics
- Klinik Dr. Mahmud JB — about 960 m in a straight line
- KPJ Medical Suites — about 1.2 km in a straight line
Parks
- Serene Park Community Park — about 1.2 km in a straight line
- Woodlands Waterfront Park — about 1.4 km in a straight line
Reviews and guides about this project
- Aethera Residences Review: Freehold Tower by Bukit Chagar — Aethera Residences is a 52-storey freehold tower of 786 homes by UOA Group on Jalan Tun Abdul Razak 1/1 in central Johor Bahru, with ten layouts from 650 to 2,547 sq ft, priced from RM 996,200 to RM 4,288,000, and completion expected in 2029. This review sets out the checked facts, what is nearby, each layout, the monthly fee, how it compares with other towers near the Causeway and who it suits.
- GEN RISE Johor Bahru Review: From RM 563,000 — GEN RISE is a 47-storey freehold tower of 732 homes on Jalan Tenteram in central Johor Bahru, about 490 m in a straight line from JB Sentral and about 900 m from the Bukit Chagar RTS Link station, priced from RM 563,000. This review sets out the checked facts, the unusually wide spread of layouts from 497 to 1,930 sq ft, the car park rules, how it compares with the other launches around JB Sentral, and who it suits.
- Gen Sphere Review: From RM 609,000 — Worth Buying? — Gen Sphere is a single 50-storey freehold serviced apartment tower of 996 units in Johor Bahru city centre by Majestic Gen, about 430 m in a straight line from JB Sentral, with 1- to 3-bedroom layouts of 459 to 755 sq ft, dual-key designs and a duplex, from RM 609,000. This review covers the checked facts, what is nearby, each layout, facilities and who it suits.
- JB New Launches: Which Project Suits Which Buyer — A side-by-side look at the Johor Bahru projects we cover, grouped by the kind of buyer each one may suit. It lists price ranges as quoted, tenure, completion year, sizes and straight-line distance to Bukit Chagar, the JB station of the RTS Link. It also flags which projects list units at or above RM 1,000,000, the national guideline floor for foreign buyers, so Singaporeans know where to check Johor's current figure.
- M Grand Minori Taman Pelangi Review: From RM 437,000 — M Grand Minori is a Mah Sing Group project of 1,733 freehold homes in two 59-storey towers at the junction of Jalan Sri Pelangi and Jalan Kuning in Taman Pelangi, Johor Bahru, with units from a 403 sq ft studio to an 835 sq ft three-bedroom, priced from RM 437,000. This review covers the checked facts, what is nearby, each layout and its monthly fee, how it compares with other Johor Bahru launches, and who it suits.
- Princess Cove Phase 2 JB Review: A Finished Causeway Home — Princess Cove Phase 2 is the completed part of R&F's freehold waterfront township on Jalan Tanjung Puteri, Johor Bahru, next to the Causeway: 3,724 homes in 50-storey towers on 8.9 acres, from studios of 468 sq ft to four-bedroom units of 1,471 sq ft, priced from RM 690,000. This review looks at what buying into a finished building here really means, the layouts, the costs of holding a unit, how it compares with the new launches around it, and who it suits.
- Princess Cove Phase 3 JB Review: From RM 430,000 — Princess Cove Phase 3, marketed as New Casa Suites, is the under-construction stage of R&F's freehold waterfront township in Tanjung Puteri, Johor Bahru. It has 4,385 homes in five blocks of 30 to 56 storeys on 11.44 acres, from 313 sq ft studios to penthouses of 3,979 sq ft, priced from RM 430,000 with completion expected in 2029. This review covers the facts, the wide spread of layouts, the car park rules that catch buyers out, holding costs, nearby launches and who each part of the building suits.
- RTS Link JB–Woodlands: Opening Status for Home Buyers — Malaysia's Ministry of Transport and Singapore's Land Transport Authority said in a joint statement on 2 October 2026 that RTS Link passenger service is now expected to start in February 2027, subject to independent safety certification and final regulatory approvals. This guide sets out what has been officially said, what has not, and how to use the station location when you compare homes in Johor Bahru, with straight-line distances to Bukit Chagar.
Explore from here
Other projects in Johor Bahru
- Axis, Causewayz Square
- Brixton, Causewayz Square
- Dover, Causewayz Square
- The Asteriaz
- Gen Sphere
- M Grand Minori
- Princess Cove RNF Phase 2
- GEN RISE
- Aethera Residences
- Coronade Twins
Compare
- Princess Cove RNF Phase 3 vs M Grand Minori
- Princess Cove RNF Phase 3 vs Coronade Twins
- Princess Cove RNF Phase 3 vs The Asteriaz
- Princess Cove RNF Phase 3 vs GEN RISE
- Princess Cove RNF Phase 3 vs Axis, Causewayz Square
- Princess Cove RNF Phase 3 vs Gen Sphere
- Princess Cove RNF Phase 3 vs Brixton, Causewayz Square
- Princess Cove RNF Phase 3 vs Princess Cove RNF Phase 2
- Princess Cove RNF Phase 3 vs Dover, Causewayz Square
Shortlists this project appears on
- Condo Under RM 500,000 in KL & Selangor | Shyan Yee
- Condo Under RM 700,000 in KL & Selangor | Shyan Yee
- Condo Under RM 1 Million in KL & Selangor | Shyan Yee
- Freehold New Launch Projects in Malaysia | Shyan Yee
- New Launches Near MRT & LRT Stations in Malaysia | Shyan Yee
- Projects Reviewed by Shyan Yee | Reviews & Walkthroughs
- Lowest Maintenance Fee Condos in KL & Selangor | Monthly Cost Compared
- Freehold in Johor Bahru | New Launch Shortlist | Shyan Yee
- Under RM 500,000 in Johor Bahru | New Launch Shortlist | Shyan Yee
What I have written about it
- Aethera Residences Review: Freehold Tower by Bukit Chagar
- GEN RISE Johor Bahru Review: From RM 563,000
- Gen Sphere Review: From RM 609,000 — Worth Buying?
- JB New Launches: Which Project Suits Which Buyer
- M Grand Minori Taman Pelangi Review: From RM 437,000
- Princess Cove Phase 2 JB Review: A Finished Causeway Home
- Princess Cove Phase 3 JB Review: From RM 430,000
- RTS Link JB–Woodlands: Opening Status for Home Buyers
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Frequently Asked Questions
What is the starting price for Princess Cove RNF Phase 3?
Starting price for Princess Cove RNF Phase 3 is RM 430,000, located in Johor Bahru, Jalan Tanjung Puteri 1, R&F Tanjung Puteri, Johor Bahru.
Who is the developer of Princess Cove RNF Phase 3?
Princess Cove RNF Phase 3 is developed by R&F Development Sdn Bhd.
What layouts and sizes are available at Princess Cove RNF Phase 3?
Princess Cove RNF Phase 3 offers unit sizes from 314 sqft to 1,556 sqft, with 1 to 5 bedrooms.
Who should consider Princess Cove RNF Phase 3?
It suits families who need three bedrooms or more; singles, couples, or buyers who want a small unit to let; daily rail commuters (Johor Bahru Sentral is about 700 m away in a straight line). It is less suited to buyers who must move in before 2029.
Is Princess Cove RNF Phase 3 expensive for Johor Bahru?
At the starting price on the smallest unit it works out to about RM 1,369 per sq ft. The median for the other 10 projects we list in Johor Bahru is about RM 1,462, so it is about 6% lower. This is a rough guide; floor and layout change the real price.
What is the tenure and completion of Princess Cove RNF Phase 3?
Tenure: Freehold. Completion is expected in 2029.
How far is Princess Cove RNF Phase 3 from the nearest station?
The nearest is Johor Bahru Sentral, about 700 m in a straight line. On foot it is about 1.2 km walk (15 min), by the OpenStreetMap route.
What do buyers usually ask before booking Princess Cove RNF Phase 3?
Ask which units are left, how many car parks come with yours, the monthly maintenance, and how far construction has gone and when keys are due.
How can I get floor plans or book a private showroom viewing for Princess Cove RNF Phase 3?
You can view floor plans and request a private viewing with licensed agent Shyan Yee (REN 46305) via WhatsApp at +60 17-279 8932 or on shyanyee.com.