Wave Serviced Apartment, Johor Bahru
Adawan Development Sdn Bhd · Serviced residence · Freehold · Completed
From RM 395,900 · 526–1,344 sq ft · 1–3 bed
- 1Price against the areaRM 753+13% vs new launches nearby+100% vs completed condos
- 2The area+28.6%Change in Johor house prices over the four years to Q1 2026 · Very high unsold supply in the state
- 3Other options at this price8other new launches within 15% of RM 753 per sq ft
- 4Cost and risksRM 46,508Cash upfront and RM 1,642 a month after that
Wave Serviced Apartment is a freehold serviced residence in Johor Bahru, Johor, by Adawan Development. The developer lists prices from RM395,900 for a 526 sq ft unit, about RM753 psf. That is 100% above the NAPIC 2025 median of RM377 psf for completed condos in the Johor Bahru district. Checked against the developer's website on · Developer's project page
Location
Marina Cove, Johor Bahru, Johor
Nearby, as listed by the developer
- Mid Valley Southkey
- KSL City Mall
- City Square Johor Bahru
- Komtar JBCC
- Sultanah Aminah Hospital
- Foon Yew High School
- Eastern Dispersal Link (EDL)
- Woodlands Checkpoint
1Wave Serviced Apartment price compared with the area
Prices start from RM 395,900. If that price is for the smallest layout (526 sq ft), it works out to about RM 753 per sq ft.
NAPIC recorded 13 completed condos in the Johor Bahru district in 2025. Its entry price per sq ft is higher than every price NAPIC recorded in the area. New launches usually cost more per sq ft than completed condos nearby.
See the 13 completed condos NAPIC recorded in the Johor Bahru district on the area page.
- D'Summit ResidencesRM 497
- SantaiRM 558
- The Straits View DUORM 589
- i-nova SOHORM 591
- Santai 3RM 637
- Sunway LakeHillsRM 653
- Sky Valley ResidencesRM 678
- Amberwood Resort ResidencesRM 696
- Wave Serviced ApartmentRM 753
- Adison Serviced ApartmentsRM 789
- Sunway MajesticRM 803
- Calia Residences by PGBRM 885
- Skypark KeplerRM 886
Each developer's starting price divided by its smallest layout, unless the developer states a price per sq ft.
The developer does not publish a price per sq ft. Ask for the price list. If the starting price is for a bigger layout, the entry price per sq ft is lower than shown here.
2The area
Completed condos in Johor Bahru changed +0.1% in price from 2024 to 2025 and +0.2% in the first half of 2026 (NAPIC, median per condo). See the price trend
House prices in Johor rose 28.6% in the four years to Q1 2026P, against 14.2% for Malaysia. See the state price and supply charts on the Johor Bahru page.
3Other options at this price
↑ Starting price
| Project | Entry psf | vs this |
|---|---|---|
| SA.YOUNG 3Iskandar Puteri | RM 723 | -4% |
| Adison Serviced ApartmentsJohor Bahru | RM 789 | +5% |
| Sunway MajesticJohor Bahru | RM 803 | +7% |
| Amberwood Resort ResidencesJohor Bahru | RM 696 | -8% |
| Sky Valley ResidencesJohor Bahru | RM 678 | -10% |
| Sunway LakeHillsJohor Bahru | RM 653 | -13% |
| Setia V ResidencesGeorge Town, Penang | RM 753 | 0% |
| Ara Bloc ResidencesPetaling Jaya, Selangor | RM 756 | 0% |
4Cost and risks
Starting priceRM 395,900
Monthly instalment
RM 1,642
Cash upfront (down payment and stamp duty)
RM 46,508
- Down payment
- RM 39,590
- Stamp duty on the transfer
- RM 6,918
- Loan amount
- RM 356,310
- Total interest over the loan
- RM 333,498
Based on the starting price, with stamp duty on the transfer only. Legal fees and loan stamp duty are extra. We apply the first-home exemption only up to RM500,000. Confirm it with your lawyer.
Things to check
- The project is completed. The price shown may be the launch price, so ask for the current price list.
- In Johor a foreign buyer needs state consent and can only buy a unit priced at RM 1,000,000 or more.
Project details+
- Developer
- Adawan Development Sdn Bhd (managed by IOI Properties Group)
- Location
- Marina Cove, Johor
- Property type
- Serviced residence
- Tenure
- Freehold
- Total units
- Not stated by the developer
- Blocks / towers
- Not stated by the developer
- Storeys
- Not stated by the developer
- Expected completion
- Not stated by the developer
Level 7 facilities podium (over 2 acres) · 32 lifestyle facilities · Swimming Pool · Badminton Court · Basketball Court · BBQ Area · Games room · Gymnasium · Karaoke Room · Sauna Room · Kid's Playground · Multi-purpose Hall
Wave Serviced Apartment floor plans and photos
Wave Serviced Apartment layouts
| Layout | Size | Bedrooms |
|---|---|---|
| – | 526 sq ft | 1 |
| Type 2A | 793 sq ft | 2 |
| Type 2B | 933 sq ft | 2 |
| Type 2C | 942 sq ft | 2 |
| Type 3A | 1,103 sq ft | 3 |
| Type 3B | 1,344 sq ft | 3 |
Our take
- The entry price per sq ft is 100% above the median for completed condos in Johor Bahru. Some of that gap is normal for a new building. We would compare it with other new launches in Johor Bahru before paying a booking fee.
- Of the 13 new launches we track in Johor Bahru, it has the 9th lowest entry price per sq ft.
- Other new launches at a similar price per sq ft: SA.YOUNG 3 (RM 723 psf), Adison Serviced Apartments (RM 789 psf) and Sunway Majestic (RM 803 psf).
- Many completed condos in Johor are still unsold. That can make a unit slower to resell or rent out.
- The project is completed, so you can view a finished unit before you buy.
More new launches in Johor Bahru
Other new launches in Johor
Wave Serviced Apartment: common questions
How much is Wave Serviced Apartment in Johor Bahru?
The developer lists prices from RM 395,900, about RM 753 per sq ft for the smallest layout.
Is Wave Serviced Apartment freehold or leasehold?
The developer lists it as freehold.
Can foreigners buy Wave Serviced Apartment?
Johor sets a RM 1,000,000 minimum for foreign buyers. The developer does not list a full price range, so check the price of the unit you want.
Sources
Project facts come from the developer's website. Area prices and yields come from NAPIC's Laporan Pasaran Harta 2025. State figures come from the MHPI (Q1 2026P) and the NAPIC overhang tables (Q1 2026). No developer pays us.