Senibong Cove, Masai · Completed 2023 · Subsale
Waterway Residences @ Senibong Cove
129 freehold two- and three-storey homes facing Senibong Cove’s Grand Canal, in three types of about 2,617–4,140 sq ft with four or five bedrooms.
Replies on WhatsApp from Jason himself · No obligation
Answer block
Waterway 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
Waterway Residences @ Senibong Cove
In The Riviera precinct of Senibong Cove, fronting the Grand Canal (developer’s site)
Address
Persiaran Senibong
Teluk Senibong, 81750 Masai
Tenure
Freehold
PropertyGuru
Completion
2023
PropertyGuru; the developer’s site lists the precinct as sold out
Homes
129
Developer’s site and PropertyGuru agree
Storeys
2 to 3
Developer’s site
Layouts
2,617–4,140 sq ft
Three types named Lavender, Lily and Lotus, with 4 or 5 bedrooms (PropertyGuru)
Foreign buyers
Most homes, by price
Asking prices start around RM1.7 million
Why this address
Four things buyers weigh at Waterway Residences
Newer canal-front family homes in an established waterfront township. Here is the case, and the catch.
Canal frontage
The developer describes the 129 homes as fronting Senibong Cove’s Grand Canal, and PropertyGuru lists private canals among the features.
Large, newer homes
The three types run from 2,617 sq ft with four bedrooms to 4,140 sq ft with five bedrooms and four car parks, completed in 2023.
An active rental market
PropertyGuru showed 19 homes for rent in October 2026 at about RM5,500 to RM7,000 a month.
What to weigh: few homes for sale
Only four homes were listed for sale in October 2026, at RM650 to RM1,033 psf. With so little to compare, ask for recorded sales of the same type before you offer.
The development
Waterway Residences @ Senibong Cove, decoded
Freehold two- and three-storey homes fronting the Grand Canal in The Riviera precinct of Senibong Cove, Masai.
Facilities
As listed by PropertyGuru; township facilities are shared with other Senibong Cove residents.
Water
Canal living
- Private canals
- Jacuzzi
Active
Outdoors
- Outdoor gym
- Children’s playground
- Landscaped gardens
Security
Gated living
- 24-hour security
- Perimeter fencing
- Car park
Where the project is now
Layouts
All 3 Waterway Residences @ Senibong Cove layouts
3 house types, from 2,617 to 4,140 sq ft. Sizes from the PropertyGuru building page, checked October 2026. Tap any layout and the drawing comes to your WhatsApp.
Lavender — 2,617 sq ft
4 bed 4 bath · 2,617 sq ft · 2 car parks
Get this floor planAsk price & availability →Lily — 2,889 sq ft
4 bed 4 bath · 2,889 sq ft · 3 car parks
Get this floor planAsk price & availability →Lotus — 4,140 sq ft
5 bed 5 bath · 4,140 sq ft · 4 car parks
Get this floor planAsk price & availability →Price and rent by layout
What each layout is asking at Waterway 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 |
|---|---|---|---|---|
| Lavender | 2,617 sq ft | RM1.99m | RM5,500–6,000/mo | 19 |
| Lotus | 4,140 sq ft | – | RM7,000/mo | 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
Gallery
Waterway Residences @ Senibong Cove in pictures
Images from the developer’s marketing material unless stated. Ask for the full set on WhatsApp.
Location & connectivity
Where Waterway 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 |
|---|---|---|
| Developer price as listed by the developer | From RM1,758,000 | Senibong Cove developer site, products page (Oct 2026), now sold out |
| Asking price for sale, all types | About RM1.7m–2.0m · RM650–1,033 psf | PropertyGuru building page, Oct 2026 |
| Asking rent whole homes | About RM5,500–7,000 a month | PropertyGuru building page, Oct 2026 |
| Maintenance indicative | About RM0.12 psf a month | PropertyGuru building page, Oct 2026 |
The developer row is the starting price on the developer’s products page, which marks the precinct as sold out. Sale and rent rows are asking prices seen on PropertyGuru in October 2026 (4 for sale, 19 for rent), not transactions. No transacted median was found on EdgeProp or Brickz, so ask for recorded sales before you offer.
Track record
About Senibong Cove Development Sdn Bhd
iProperty names Senibong Cove Development Sdn Bhd as the developer, and PropertyGuru credits Walker Corp / Senibong Cove.
The developer’s site places the homes in The Riviera precinct and lists them as sold out.
Around the building
What is near Waterway 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~2.7 km
- Stellar Walk~3.3 km
- Sun Plaza~4.5 km
🎓 Schools
- SMK Taman Megah Ria~1.3 km
- Sekolah Kebangsaan Seri Kota Puteri 4~1.4 km
- Sekolah Rendah Chee Tong~1.5 km
- Sekolah Menengah Kebangsaan Permas Jaya 3~1.7 km
🏥 Hospitals
- Regency Specialist Hospital Sdn Bhd~4.1 km
- Hospital Pasir Gudang~4.2 km
- KPJ Pasir Gudang Specialist Hospital~6.4 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
Layouts here run from about 2,617 to 4,140 sq ft. 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.
- ⚠️ A newer project, so many owners are renting out at the same time. Expect competition for tenants for the first few years.
- ⚠️ 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 RM1,760,000, 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 | RM1,760,000 | RM1,760,000 |
| Down payment | RM176,000 | RM528,000 |
| Loan amount | RM1,584,000 | RM1,232,000 |
| Stamp duty on transfer (MOT) | RM54,400 | RM140,800 |
| Stamp duty on loan (0.5%) | RM7,920 | RM6,160 |
| Lawyer, sale agreement (incl. 8% SST) | RM20,358 | RM20,358 |
| Lawyer, loan agreement (incl. 8% SST) | RM18,457 | RM14,656 |
| Cash needed before keys | RM277,135 | RM709,974 |
| 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 sizes?
There are 129 two- and three-storey homes. PropertyGuru lists three types: Lavender (2,617 sq ft, 4 bedrooms), Lily (2,889 sq ft, 4 bedrooms) and Lotus (4,140 sq ft, 5 bedrooms).
Is Waterway Residences freehold?
Yes. PropertyGuru records freehold tenure.
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 at Waterway Residences run from about RM1.7 million to RM2 million, so most homes clear the RM1 million line on price, provided the home is not on a Bumiputera lot and state consent is granted.
How much does a home rent for?
PropertyGuru listings in October 2026 ask about RM5,500 to RM7,000 a month, depending on house type and furnishing.
Berapa harga Waterway Residences di Senibong Cove?
Harga tawaran di PropertyGuru (Oktober 2026) sekitar RM1.7 juta hingga RM2 juta, atau RM650 hingga RM1,033 sekaki persegi. Sewa sekitar RM5,500 hingga RM7,000 sebulan. Pegangan bebas, siap pada 2023.
Waterway Residences 价格多少？租金多少？
PropertyGuru挂牌价约RM170万至RM200万（2026年10月），每平方尺约RM650至RM1,033；月租约RM5,500至RM7,000。永久地契，2023年完工，共129间住宅。
Which schools are near Waterway Residences @ Senibong Cove?
On map data, the nearest schools are SMK Taman Megah Ria (~1.3 km), Sekolah Kebangsaan Seri Kota Puteri 4 (~1.4 km), Sekolah Rendah Chee Tong (~1.5 km). Distances are straight-line from the building.
Is there a train or bus station near Waterway 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 Waterway Residences @ Senibong Cove?
The nearest hospital on map data is Regency Specialist Hospital Sdn Bhd (~4.1 km), and the nearest mall is AEON Mall (~2.7 km).
How much cash do I need to buy at Waterway Residences @ Senibong Cove?
For a unit at RM1,760,000,, a Malaysian buyer with a 90% loan needs about RM14,656 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM277,135, before the state consent fee. The full table is in "What buying here costs in 2026".
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View project →Get the current price list and units available at Waterway 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.