Bukit Indah, Iskandar Puteri · Completed 2014 · Subsale
Horizon Residence
Two 26-storey freehold blocks of 440 family-sized apartments in Bukit Indah, with 3- and 4-bedroom layouts from 1,045 sq ft, completed in 2014 and recorded at a median of about RM439 psf by EdgeProp.
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Answer block
Horizon Residence 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
Horizon Residence
Also recorded as Dwi Mutiara; by Mahabuilders Berhad, which iRumah says now trades as SKS Group / MB World. not the separately listed Horizon Residence 2
Address
Jalan Lingkungan Indah Utama
Bukit Indah, 81200 Iskandar Puteri; PropertyGuru
Tenure
Freehold
PropertyGuru and iRumah agree
Completed
2014
PropertyGuru and iRumah agree
Blocks
2 × 26 storeys
PropertyGuru
Units
440
PropertyGuru, EdgeProp and iRumah agree
Layouts
1,045–2,463 sq ft
3 to 4 bedrooms with 2 to 3 bathrooms; PropertyGuru and EdgeProp
Foreign buyers
Largest units at best
Asking prices run from about RM420,000 to RM1 million, so only the top-priced units could reach the threshold
Why this address
Four things buyers weigh at Horizon Residence
Large freehold family units in an established Bukit Indah neighbourhood. Here is the case, and the catch.
Built for families
Every layout has three or four bedrooms, starting at about 1,045 sq ft, which is generous for the price band.
Freehold at a modest psf
EdgeProp records a median of about RM439 psf over 48 months on freehold land, below many newer towers in Iskandar Puteri.
Next to Bukit Indah’s shops
PropertyGuru lists AEON Bukit Indah, Perling Mall and several schools in the vicinity.
What to weigh: an older block
Completed in 2014, the building is now over a decade old. Check the condition of lifts and common areas, the sinking fund and the maintenance record before you offer.
The development
Horizon Residence, decoded
Two 26-storey freehold apartment blocks on Jalan Lingkungan Indah Utama, Bukit Indah.
Facilities
As listed by PropertyGuru; floor levels are not published.
Water
Pools
- Swimming pool
- Wading pool
Active
Sports and fitness
- Gymnasium
- Tennis courts
- Jogging track
Residents
Shared spaces
- Clubhouse
- Lounge
- Multi-purpose hall
- Sauna and steam bath
- BBQ area
- Nursery
- Playground
- 24-hour security
Where the project is now
Price and rent by layout
What each layout is asking at Horizon Residence
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 900–1,000 sq ft | – | RM2,200/mo | 1 |
| – | about 1,000–1,100 sq ft | RM420,000–508,000 | RM2,200–2,500/mo | 26 |
| – | about 1,200–1,300 sq ft | RM478,000–550,000 | RM2,300–2,500/mo | 12 |
| – | about 1,800–1,900 sq ft | RM738,000 | – | 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 Horizon Residence sits
Jalan Lingkungan Indah Utama, Bukit Indah, 81200 Iskandar Puteri, 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 |
|---|---|---|
| Transacted price median, last 48 months | RM439 psf · typical RM395–469 psf | EdgeProp, viewed Oct 2026 |
| Transacted price 3-bed, 1,045 sq ft | Median about RM440 psf; 2025 sales about RM376,000–550,000 | iRumah, viewed Oct 2026 |
| Asking price for sale, all sizes | About RM420,000–1,000,000 · RM335–521 psf | PropertyGuru building page, 68 listings, Oct 2026 |
| Asking rent whole units | About RM2,000–2,500 a month | PropertyGuru building page, 44 listings, Oct 2026 |
The transacted rows are EdgeProp’s record of completed sales over 48 months (implied gross yield about 5.7%) and iRumah’s 2025 records for the most common layout. Sale and rent rows are asking prices seen on PropertyGuru in October 2026, not transactions.
Track record
About Mahabuilders Berhad
Horizon Residence was developed by Mahabuilders Berhad, according to PropertyGuru and EdgeProp.
iRumah describes the developer as SKS Group, also known as MB World and formerly Mahabuilders. Portals also list a separate project called Horizon Residence 2, so check which one a listing refers to.
Around the building
What is near Horizon Residence
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~2.1 km
- Mall of Medini~4.4 km
- Perling Mall~5.3 km
🎓 Schools
- SJK (C) Ming Chih , Horizons Hills~700 m
- SJK (C) Poay Chai~1.8 km
- SJK (T) Bukit Serampang~1.8 km
- SMK Taman Bukit Indah~1.8 km
🏛️ Colleges and universities
- Marlborough College Malaysia~2.6 km
- University of Southampton Malaysia~4.3 km
- University of Reading Malaysia~5.1 km
🏥 Hospitals
- Columbia Asia Hospital Iskandar Puteri~1.7 km
- Afiniti Wellness~4.5 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.
- ⚠️ Most asking prices here are below RM1 million, so most units cannot be sold to foreigners in Johor. On resale, your buyers will mainly be locals.
- ⚠️ 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 RM550,000, 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 | RM550,000 | RM550,000 |
| Down payment | RM55,000 | RM165,000 |
| Loan amount | RM495,000 | RM385,000 |
| Stamp duty on transfer (MOT) | RM10,500 | RM44,000 |
| Stamp duty on loan (0.5%) | RM2,475 | RM1,925 |
| Lawyer, sale agreement (incl. 8% SST) | RM7,290 | RM7,290 |
| Lawyer, loan agreement (incl. 8% SST) | RM6,683 | RM5,198 |
| Cash needed before keys | RM81,948 | RM223,413 |
| 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 units are there and what sizes?
There are 440 units in two 26-storey blocks (PropertyGuru). Layouts have three or four bedrooms and run from about 1,045 to 2,463 sq ft.
Is Horizon Residence freehold?
Yes. PropertyGuru and iRumah both record freehold tenure.
Can a foreigner buy here?
In Johor a foreign buyer generally needs to pay at least RM1 million for a residential property, with Johor 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. Asking prices at Horizon Residence in October 2026 run from about RM420,000 to RM1 million, so most units are below the threshold; only the largest, top-priced units could qualify.
How much does a unit rent for?
PropertyGuru listings in October 2026 asked about RM2,000 to RM2,500 a month for whole units.
Berapa harga Horizon Residence?
Harga transaksi median sekitar RM439 sekaki persegi (EdgeProp, 48 bulan terakhir). Harga tawaran sekitar RM420,000 hingga RM1 juta (PropertyGuru, Oktober 2026). Pegangan bebas, siap pada 2014.
Horizon Residence 价格多少？租金多少？
根据EdgeProp，过去48个月成交中位价约每平方尺RM439；PropertyGuru挂牌价约RM42万至RM100万，月租约RM2,000至RM2,500（2026年10月）。永久地契，2014年完工。
Which schools are near Horizon Residence?
On map data, the nearest schools are SJK (C) Ming Chih , Horizons Hills (~700 m), SJK (C) Poay Chai (~1.8 km), SJK (T) Bukit Serampang (~1.8 km). Distances are straight-line from the building.
Is there a train or bus station near Horizon Residence?
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 Horizon Residence?
The nearest hospital on map data is Columbia Asia Hospital Iskandar Puteri (~1.7 km), and the nearest mall is AEON Mall (~2.1 km).
How much cash do I need to buy at Horizon Residence?
For a unit at RM550,000,, a Malaysian buyer with a 90% loan needs about RM5,198 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM81,948, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
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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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View project →Get the current price list and units available at Horizon Residence
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.