Senibong Cove, Masai · Completed 2012 · Subsale
The WaterEdge Residences, Senibong Cove
The first phase of the Senibong Cove waterfront township: freehold terrace and semi-detached homes beside the Lunchu River, about eight minutes’ drive from the Johor Bahru CIQ on a clear day, with a clubhouse and landscaped parks.
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Answer block
The WaterEdge Residences, Senibong Cove 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 WaterEdge Residences
Phase 1 of Senibong Cove, a Walker Corporation township; PropertyGuru files it as Senibong Cove – The WaterEdge Residences
Address
Persiaran Senibong
Teluk Senibong, 81750 Masai
Tenure
Freehold
PropertyGuru and StarProperty
Completed
2012
PropertyGuru; the developer’s website says construction is finished and the precinct is sold out
Home types
Waterfront terrace and semi-detached
Developer’s website; portal listings also include cluster homes and bungalows
Units
244
PropertyGuru; StarProperty’s township figures differ, so records differ
Foreign buyers
Higher-priced units only
Asking prices run from about RM550,000 to RM6.3 million; only units at RM1 million or more could qualify
Why this address
Four things buyers weigh at The WaterEdge Residences
A freehold waterfront landed address in the Eastern Corridor. Here is the case, and the catch.
A waterfront township setting
The developer’s website describes waterfront terrace and semi-detached homes in Senibong Cove Phase 1; StarProperty says the township skirts the eastern coast along the Lunchu River.
Short drive to the CIQ
StarProperty gives about eight minutes’ drive from the Johor Bahru CIQ on a clear day via the Eastern Dispersal Link and Permas bridge.
Parks and a clubhouse
The developer lists a clubhouse, Entry Park and Central Park as complete.
What to weigh: a very wide asking range
PropertyGuru shows asking prices from about RM550,000 to RM6.3 million (RM501–1,122 psf), covering several home types. Compare like-for-like home types and use recorded sales for your offer.
The development
The WaterEdge Residences, Senibong Cove, decoded
Waterfront landed homes in Phase 1 of the Senibong Cove township, Masai, Johor.
Facilities
Clubhouse and parks as listed by the developer’s website; unit-level amenities as listed by PropertyGuru.
Parks
Landscaping
- Entry Park
- Central Park
Residents
Shared spaces
- Clubhouse
- Multi-purpose hall
- BBQ area
- Playground
Water
Pools and spa
- Swimming pool
- Wading pool
- Sauna
- Steam bath
Where the project is now
Gallery
The WaterEdge Residences, Senibong Cove in pictures
Images from the developer’s marketing material unless stated. Ask for the full set on WhatsApp.
Price and rent by layout
What each layout is asking at The WaterEdge Residences, Senibong Cove
Asking prices and rents seen on PropertyGuru in October 2026, matched to each layout by size. Asking prices are not sale prices; compare them with the recorded transactions above.
| Layout | Size | Asking price | Asking rent | Listings |
|---|---|---|---|---|
| – | about 1,200–1,300 sq ft | RM650,000 | – | 1 |
Free PDF: JB Condo Prices & Rents 2026
Recorded prices and rents for 122 JB condos, plus asking prices, rents and yields by area. Compare this project with its neighbours before you make an offer. What is inside
Location & connectivity
Where The WaterEdge Residences, Senibong Cove sits
Persiaran Senibong, Teluk Senibong, 81750 Masai, Johor.
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 |
|---|---|---|
| Asking price for sale, all home types | About RM550,000–6.3m · RM501–1,122 psf | PropertyGuru building page, Oct 2026 |
| Asking rent whole homes | About RM2,800–8,500 a month | PropertyGuru building page, Oct 2026 |
Both rows are asking prices seen on PropertyGuru in October 2026 (41 for sale, 28 for rent), not transactions. Recorded transaction data could not be retrieved for this project, so no transacted median is quoted.
Track record
About Walker Corporation (Senibong Cove)
The WaterEdge Residences is Phase 1 of Senibong Cove, which StarProperty attributes to Walker Corporation.
The developer’s website says the precinct is completely sold out and that its homes, clubhouse, Entry Park and Central Park are built.
Around the building
What is near The WaterEdge Residences, Senibong Cove
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
None found nearby on the map
🛍️ Malls
- AEON Mall~1.7 km
- Stellar Walk~2.5 km
- Sun Plaza~4.7 km
🎓 Schools
- Sekolah Menengah Kebangsaan Permas Jaya 3~800 m
- Sekolah Kebangsaan Seri Kota Puteri 4~1.3 km
- Sekolah Kebangsaan Permas Jaya 5~1.5 km
- Sekolah Kebangsaan Taman Permas Jaya 3~1.9 km
🏥 Hospitals
- Hospital Pasir Gudang~4.3 km
- Regency Specialist Hospital Sdn Bhd~4.6 km
- The Eye Specialist Southkey (眼科专家 Southkey)~6.3 km
Map data © OpenStreetMap contributors. Names as recorded on the map; check opening and enrolment details yourself.
Is it for you?
Which kind of buyer are you?
The same building suits different people for different reasons. Pick the line that sounds like you.
🏠 Living here yourself
Ask me which stacks get the better view and the least afternoon sun; that changes the price more than the floor.
💰 Buying to rent out
Compare the recorded rents in "The price numbers" above with the instalment on your loan. Smaller layouts usually rent faster; larger ones hold tenants longer.
👨👩👧 Family with children
Check the school and clinic distances in the location section, the number of car parks per unit and how busy the lifts are at 7.30 am.
✈️ Buying from overseas
Foreigners can only buy above the state minimum price (RM1 million in Johor) and pay 8% stamp duty from 2026. Ask me which units here qualify before you shortlist.
Straight talk
What I will not hide from you
Every project has trade-offs. These are the ones I would want to know before paying a deposit.
- ⚠️ More than ten years old. Ask for the last AGM minutes and how much maintenance owners still owe; arrears show up as poor upkeep later.
- ⚠️ Landed homes: check the land title, the facing, and whether the house has had extensions that need approved plans.
- ⚠️ Asking prices are not sale prices. Compare any offer with the recorded transacted price per sq ft above before you commit.
The real cost
What buying here costs in 2026
Worked example for a unit at RM6,300,000, around the typical asking price here. Your figures will differ with the price and the bank.
| Malaysian buyer (90% loan) | Foreign buyer (70% loan) | |
|---|---|---|
| Purchase price | RM6,300,000 | RM6,300,000 |
| Down payment | RM630,000 | RM1,890,000 |
| Loan amount | RM5,670,000 | RM4,410,000 |
| Stamp duty on transfer (MOT) | RM236,000 | RM504,000 |
| Stamp duty on loan (0.5%) | RM28,350 | RM22,050 |
| Lawyer, sale agreement (incl. 8% SST) | RM69,390 | RM69,390 |
| Lawyer, loan agreement (incl. 8% SST) | RM62,586 | RM48,978 |
| Cash needed before keys | RM1,026,326 | RM2,534,418 |
| State consent fee for foreigners | – | 3% of the price or RM30,000 (Johor) |
Estimates only. Stamp duty: 1–4% tiers for Malaysians and PRs, 8% flat for foreigners from 1 Jan 2026. Legal fees follow the Solicitors’ Remuneration Order 2023. First-time Malaysian buyers of homes up to RM500,000 may get a stamp duty exemption until 2027. Valuation, disbursements and moving costs are not included.
Get these numbers for a real unitCalculate my exact costs →Straight answers
Frequently asked questions
How many homes are there and what types?
PropertyGuru records 244 homes. The developer’s website describes waterfront terrace and semi-detached houses; portal listings also include cluster homes and bungalows.
Is The WaterEdge Residences freehold?
Yes. PropertyGuru and StarProperty record freehold tenure for Senibong Cove.
Can a foreigner buy here?
In Johor a foreign buyer generally needs to pay at least RM1 million per residential property, with state consent. Since 1 July 2025 Johor charges foreign buyers 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. Bumiputera lots, low-cost and affordable units, Malay Reserve land and single or one-and-a-half-storey terraces are closed to foreigners. PropertyGuru asking prices here run from about RM550,000 to RM6.3 million, so only units priced at RM1 million or more could qualify, and only if the home is not on a Bumiputera lot.
How much does a home rent for?
PropertyGuru listings in October 2026 ask about RM2,800 to RM8,500 a month, depending on home type.
Berapa harga The WaterEdge Residences?
Harga tawaran semasa di PropertyGuru (Oktober 2026) sekitar RM550,000 hingga RM6.3 juta, iaitu RM501 hingga RM1,122 sekaki persegi. Sewa dipinta sekitar RM2,800 hingga RM8,500 sebulan. Pegangan bebas dan siap pada 2012.
The WaterEdge Residences 价格多少？租金多少？
根据PropertyGuru（2026年10月），目前挂牌价约RM55万至RM630万，每平方尺约RM501至RM1,122；月租约RM2,800至RM8,500。永久地契，2012年完工，开发商表示该分区已售罄。
Which schools are near The WaterEdge Residences, Senibong Cove?
On map data, the nearest schools are Sekolah Menengah Kebangsaan Permas Jaya 3 (~800 m), Sekolah Kebangsaan Seri Kota Puteri 4 (~1.3 km), Sekolah Kebangsaan Permas Jaya 5 (~1.5 km). Distances are straight-line from the building.
Is there a train or bus station near The WaterEdge Residences, Senibong Cove?
Map data shows no train or bus station within about 4 km, so most residents drive or use e-hailing.
What is the nearest hospital and mall to The WaterEdge Residences, Senibong Cove?
The nearest hospital on map data is Hospital Pasir Gudang (~4.3 km), and the nearest mall is AEON Mall (~1.7 km).
How much cash do I need to buy at The WaterEdge Residences, Senibong Cove?
For a unit at RM6,300,000,, a Malaysian buyer with a 90% loan needs about RM48,978 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM1,026,326, before the state consent fee. The full table is in "What buying here costs in 2026".
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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Midas @ Seri Alam
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View project →Permas Jaya, Masai
Permas Ville
Freehold, two 18-storey blocks on 18.47 acres, completed 2000 and 2005. Recorded median about RM424 psf.
View project →Get the current price list and units available at The WaterEdge Residences, Senibong Cove
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.