Taman Pelangi, Johor Bahru · New launch · Under construction
The Address @ Maxim Pelangi
A three-tower freehold serviced apartment project by the Maxim Global group in Taman Pelangi, with 2,743 units from 1 bedroom to dual-key layouts, RM449,000 and up on the advertising permit, and the RTS Link station at Bukit Chagar about 3 km away.
Replies on WhatsApp from Jason himself · No obligation
Jason’s take
Taman Pelangi puts you about 3 km from the Bukit Chagar RTS station, which is the main reason to look. It’s an early buy, though: about 5 to 20% built, keys due September 2030, and 2,743 units in three towers. Compare it with completed towers nearby before you commit.
Jason Lim · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
Answer block
The Address @ Maxim Pelangi at a glance
Every figure here comes from the developer, the government housing register or the property records named at the foot of the page. Where sources disagree, the range is shown. Where nobody has published a number, it is not on this page.
Development
The Address @ Maxim Pelangi
Also listed as Residensi Maxim Pelangi; a Maxim Global Bhd project developed through Maxim Pelangi Sdn Bhd
Address
Taman Pelangi, Johor Bahru
Records differ on the street: PropertyGuru gives Jalan Serampang, a sales-gallery page gives Jalan Abiad
Tenure
Freehold
StarProperty; a listing portal records a commercial title, usual for serviced apartments
Advertising permit
31074-1/08-2028/0677(A)-(S)
Valid 15 Aug 2025 to 14 Aug 2028 (KPKT TEDUH)
Permit price band
RM449,000 – RM4,948,000
Most units RM449,000–898,000; the top of the band is the largest 6-bedroom units
Keys due
26 September 2030
KPKT record after an approved extension; the developer targets July 2030. About 5–20% built in October 2026
Towers
3 blocks
Records differ on height: 58 to 72 storeys depending on the source
Units
2,743
Serviced apartments, plus retail units in the podium
Layouts
About 450–865 sq ft
1 bed, 2 bed and 2+1 bed (dual key), per listings
Foreign buyers
Generally not eligible
Prices seen are all below RM1 million
Why this address
Four things buyers weigh at The Address @ Maxim Pelangi
A large freehold launch close to the Causeway and the RTS Link. Here is the case, and the catch.
Close to the RTS Link and the CIQ
The developer’s figures put the Bukit Chagar RTS station about 3 km away and the CIQ about 3.2 km away, which matters for people who work in Singapore.
Freehold, with small entry sizes
Layouts start at about 450 sq ft for one bedroom, and the 2+1 bedroom type can be split as a dual-key unit.
An established, built-up address
StarProperty counts nine malls within 2 km and several hospitals and schools within about 4 km, so daily needs are already in place.
What to weigh: the wait and the supply
Building works started in March 2026 and the developer targets July 2030. With 2,743 units in one project and other large launches nearby, expect competition for tenants and resale buyers at handover.
The development
The Address @ Maxim Pelangi, decoded
Three towers of serviced apartments on a 6.5-acre freehold site in Taman Pelangi, with a podium of car parks, shops and facilities. GreenRE Bronze rated, per StarProperty.
Facilities
As described in StarProperty’s December 2025 feature; floor levels may change before completion.
Water
Pools
- Infinity sky pool
- Sky lounge
Active
Sports and fitness
- Gym
- Sauna
- Outdoor fitness area
- Jogging path
- Pickleball courts
Residents
Shared spaces
- Work and study lounge
- Communal kitchen
- Multipurpose hall
- Children’s playground
Where the project is now
Layouts
All 3 The Address @ Maxim Pelangi layouts
3 main layout types, about 450 to 865 sq ft. Sizes from listing portals and sales pages, checked October 2026; sub-types exist and some sources give up to 880 sq ft. Tap any layout and the drawing comes to your WhatsApp.
Location & connectivity
Where The Address @ Maxim Pelangi sits
Taman Pelangi, 80400 Johor Bahru, Johor.
The government record
The registered name is Residensi Maxim Pelangi
This is what the Ministry of Housing records from the developer’s statutory returns: the price band on the advertising permit and the certified construction progress. A brochure price can be revised; the permit price was filed.
| Project code | Registered name | Units | Price band on the permit | Built | Keys due |
|---|---|---|---|---|---|
| 31074-1 | Residensi Maxim Pelangi | 2,743 | RM449,000 – RM4,948,000 | 11% | 26 Sep 2030 |
Read from teduh.kpkt.gov.my on 9 October 2026. Filed advertisement (PDF): 31074-1.
The recorded numbers
The price numbers
Recorded sales and asking prices are different things. Transacted figures come from deals recorded with the government valuation department; asking figures are what owners or the developer are listing at.
| Measure | Figure | Source and date |
|---|---|---|
| Price on the permit all three towers | RM449,000 – RM4,948,000 | KPKT TEDUH, Oct 2026 |
| Developer price starting price | From RM426,000 | StarProperty feature, Dec 2025 |
| Asking price resale of booked units | About RM387,000–758,000 | myrumahbaru.com listings, Oct 2026 |
| Asking price 2 bed, 660 sq ft | RM550,000 (about RM833 psf) | PropertyGuru listing, Sep 2026 |
The permit row is the price band filed with the Ministry of Housing; the developer row is the starting price reported in December 2025; asking rows are listings, not transactions. There are no transactions yet.
Track record
About Maxim Global Berhad
The project is developed by Maxim Pelangi Sdn Bhd and presented by Maxim Global Bhd, a Bursa-listed developer known for projects in the Klang Valley.
The Edge reports that it is the group’s first development outside the Klang Valley, with a gross development value of about RM1.7 billion. Binastra Builders holds the RM742.9 million main building contract.
Straight answers
Frequently asked questions
How many units are there and what sizes?
There are 2,743 serviced apartments in three towers. Listings show 1-bedroom units of about 450 sq ft, 2-bedroom units of about 660 sq ft and 2+1-bedroom dual-key units of about 865 sq ft.
Is it freehold, and when will it be completed?
It is freehold, per StarProperty. The developer targets completion in July 2030, and the KPKT record gives keys due on 26 September 2030. Confirm the date in your SPA.
Can a foreigner buy here?
In Johor a foreign buyer generally needs a purchase price of RM1 million or more per residential unit, plus state consent; Bumiputera lots and affordable units are closed to foreigners. Since 1 July 2025 Johor charges foreigners a consent levy of 3% of the price or RM30,000, whichever is higher, and stamp duty on transfers to foreigners is a flat 8% from 1 January 2026. The published starting price is RM426,000 and resale asking prices seen run up to about RM758,000, so units here are generally below the RM1 million line and not open to foreign buyers.
How far is it from the RTS Link?
The developer’s figures put the Bukit Chagar RTS station about 3 km away and the CIQ about 3.2 km away.
Berapa harga The Address @ Maxim Pelangi dan bila siap?
Julat harga dalam permit iklan bermula RM449,000. Projek pegangan bebas ini disasarkan siap pada Julai 2030, dan rekod KPKT memberi tarikh serahan kunci 26 September 2030.
The Address @ Maxim Pelangi 价格多少？什么时候完工？
广告准证价格从RM44.9万起。永久地契，共2,743个单位；发展商目标2030年7月完工，房屋部记录的交屋日期为2030年9月26日。
Compare
Worth putting beside this one
Same area first, then a similar budget. Chosen so you can compare the numbers yourself, not for which one pays the agent more.
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Bayu Puteri 2
Leasehold 3-bedroom apartments, 454 units in six blocks off the Tebrau Highway, completed 2007. Asking about RM258,000–450,000.
View project →Get the current price list and units available at The Address @ Maxim Pelangi
Prices move and the better units go first. Tell me your budget and whether you are buying to live in or to rent out, and I will send back the units that fit, not a generic brochure.
Buying, selling or renting: one conversation, no obligation.
Jason Lim
10 years in Malaysian property · Johor Bahru & Kuala Lumpur · REN 84424 · IQI Realty Sdn. Bhd. E (1) 1584/6
I work with local families, investors and buyers from Singapore and overseas. If a project is not right for what you need, I will say so; that is usually worth more than the brochure.