Jason Lim · Johor Bahru property advisor

10 years in Malaysian property · Johor Bahru & Kuala Lumpur · Jason Lim, REN 84424 · 中文版 · Bahasa Melayu · Bahasa Indonesia
Home › Sabah property › City centre › Jesselton Residences

Kota Kinabalu city centre · Completed · Subsale

● Updated Oct 2026Leasehold

Jesselton Residences

Three 28-storey blocks on the Kota Kinabalu waterfront, next to Suria Sabah and above Jesselton Mall, with large 2- and 3-bedroom homes from 965 sq ft and duplex penthouses of up to 6,443 sq ft.

Leasehold333 units3 × 28 storeys965–2,266 sq ft, plus penthouses

Replies on WhatsApp from Jason himself · No obligation

RM860 psfmedian recorded sale
333units in 3 blocks
28storeys

Answer block

Jesselton Residences 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

Jesselton Residences

Developed by Palikota Sdn Bhd, a Jesselton Waterfront Holdings company

Address

Jalan Haji Saman

88000 Kota Kinabalu, on the waterfront next to Suria Sabah

Tenure

Leasehold

Confirm the expiry on the title

Completed

2015–2017

Records differ; the occupation certificate is recorded in early 2017

Building

3 blocks, 28 storeys

Above Jesselton Mall

Units

333

2- and 3-bedroom homes and penthouses

Layouts

965–2,266 sq ft

Penthouses 1,931 sq ft, and duplexes of 4,395 and 6,443 sq ft

Foreign buyers

RM600,000 and above

Sabah minimum for high-rise homes; most units list above it

Why this address

Four things buyers weigh at Jesselton Residences

This is the city-centre waterfront address in Kota Kinabalu. Here is what it offers, and what to check.

🌊

On the city waterfront

The blocks sit between the old Customs House and the police jetty, next to Suria Sabah, with an infinity pool that looks out to sea.

🛍️

A mall downstairs

Jesselton Mall, with about 123 shops, is part of the same development, so daily errands start in the lift.

📐

Room to live

Two-bedroom units start at 965 sq ft and the main 3-bedroom layout is 2,266 sq ft, much larger than most new launches.

⚖️

What to weigh: rules and records

Management does not allow units to be used as hostels, offices or Airbnb lets without written consent. Records also differ on the completion year, so check the title and the strata documents.

The development

Jesselton Residences, decoded

Three 28-storey blocks above Jesselton Mall on the Kota Kinabalu waterfront.

3Blocks
333Units
28Storeys
6Layouts

The towers

ATower A28 storeys
BTower B28 storeys
CTower C28 storeys

Facilities

As listed by the developer. Floor levels are not published.

Water

Pools

  • Infinity pool
  • Children’s pool
  • Jacuzzi
  • Sauna

Active

Fitness and play

  • Gymnasium
  • Table tennis room
  • Children’s playground
  • Children’s nursery

Residents

Shared spaces

  • Viewing deck
  • Party pavilion
  • Multi-purpose room
  • Meeting room
  • Library
  • Lounge

Where the project is now

2014Main contract awarded to Vinci Grand Projects
2015–2017Completed (records differ); occupation certificate early 2017
NowSubsale and rental market
Your moveAsk for recorded prices before you offer
Ask me what the brochure doesn’t tell you

Layouts

All 6 Jesselton Residences layouts

6 layout types, from 965 to 6,443 sq ft. Sizes from the developer’s published plans, checked October 2026. Tap any layout and the drawing comes to your WhatsApp.

Type C — 965 sq ft

2 bed · 965 sq ft · smallest layout

2 Bed
Get this floor planAsk price & availability →

Type B — 1,669 sq ft

3 bed · 1,669 sq ft

3 Bed
Get this floor planAsk price & availability →

Type F — 1,931 sq ft

1,931 sq ft · penthouse

Penthouse
Get this floor planAsk price & availability →

Type A — 2,266 sq ft

3 bed 5 bath · 2,266 sq ft

3 Bed5 Bath
Get this floor planAsk price & availability →

Type D — 4,395 sq ft

6 bed · 4,395 sq ft

6 BedPenthouseDuplex
Get this floor planAsk price & availability →

Type E — 6,443 sq ft

8 bed · 6,443 sq ft

8 BedPenthouseDuplex
Get this floor planAsk price & availability →

Price and rent by layout

What each layout is asking at Jesselton Residences

Asking prices and rents seen on iProperty and PropertyGuru in October 2026, matched to each layout by size. Asking prices are not sale prices; compare them with the recorded transactions above.

LayoutSizeAsking priceAsking rentListings
Type C965 sq ftRM750,000–1.28mRM3,000–3,500/mo12
Type B1,669 sq ftRM1.15m–1.5mRM5,000–6,000/mo8
Type A2,266 sq ftRM1.35m–3mRM7,000–7,800/mo23
Type D4,395 sq ft–RM25,000/mo1
–about 2,400–2,500 sq ftRM1.26m–1

Ask which of these units are still available

Location & connectivity

Where Jesselton Residences sits

Jalan Haji Saman, 88000 Kota Kinabalu, on the waterfront next to Suria Sabah.

Open in Google Maps →
Service charge. A launch-era figure gives RM0.30 per sq ft a month. That is old, so ask the management office for the current rate and the sinking fund balance.
Suria Sabahnext door
Jesselton Mallbelow the blocks
Kota Kinabalu International Airport~10–15 minby car
Tunku Abdul Rahman Park islands~3 kmby boat

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.

MeasureFigureSource and date
Transacted price
median, last 48 months
RM860 psf · range RM662–912 psfEdgeProp, viewed Oct 2026
Asking price
for sale
RM750,000 – RM2.1m · about RM525–953 psfPropertyGuru listings, Oct 2026
Asking rent
2 bedrooms
RM3,000 – RM3,500 a monthPropertyGuru listings, Oct 2026
Asking rent
3 bedrooms
RM5,000 – RM7,800 a monthPropertyGuru listings, Oct 2026

Transacted prices are recorded sales; listing prices are asking prices. EdgeProp estimates the gross yield at about 4.6%. Ask Jason for the unit-by-unit record for your floor and layout.

Track record

About Palikota Sdn Bhd

Jesselton Residences was developed by Palikota Sdn Bhd, a subsidiary of Jesselton Waterfront Holdings, with the main construction contract awarded to Vinci Grand Projects in 2014. The project is now shown on the Jesselton International group website.

The same Jesselton group later built Jesselton Twin Towers in Luyang. For a building of this age, the management’s accounts and house rules matter more than the developer’s brand.

Around the building

What is near Jesselton Residences

The closest places on the map, measured in a straight line from the building. Driving distances are longer.

🚉 Getting around

  • West (inc Brunei & Sarawak)~1.1 km
  • Minivan to Ranau & Kinabalu NP (25RM)~1.1 km
  • Padang Merdeka Station: Ranau, Tambunan, Keningau, Kota, Kota Belud, Kota Marudu~1.1 km

🛍️ Malls

  • Jesselton Mall~200 m
  • Suria Sabah~300 m
  • Kota Kinabalu Plaza~1.0 km

🎓 Schools

  • SM Teknik Likas~2.1 km
  • Kian Kok Middle School~2.1 km
  • SMK Likas~2.2 km
  • SMK Perempuan Likas~2.2 km

🏛️ Colleges and universities

  • Asian Tourism International College~800 m
  • Twintech International University College of Technology~2.1 km
  • Aseana International College~3.4 km

🏥 Hospitals

  • Damai Specialist Centre~2.6 km
  • Gleneagles Kota Kinabalu~2.9 km
  • Jabatan Kecemasan QEH~3.7 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 965 to 6,443 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 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.

  • ⚠️ Leasehold title. Check how many years remain on the lease; banks lend less, and buyers pay less, as the lease gets shorter.
  • ⚠️ 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 RM2,100,000, 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 priceRM2,100,000RM2,100,000
Down paymentRM210,000RM630,000
Loan amountRM1,890,000RM1,470,000
Stamp duty on transfer (MOT)RM68,000RM168,000
Stamp duty on loan (0.5%)RM9,450RM7,350
Lawyer, sale agreement (incl. 8% SST)RM24,030RM24,030
Lawyer, loan agreement (incl. 8% SST)RM21,762RM17,226
Cash needed before keysRM333,242RM846,606
State consent fee for foreigners–Set by each state; ask me for the figure

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

Where is Jesselton Residences?

On Jalan Haji Saman on the Kota Kinabalu waterfront, next to Suria Sabah, with Jesselton Mall in the same development.

What are the unit sizes?

The main layouts run from 965 sq ft (2 bedrooms) to 2,266 sq ft (3 bedrooms). Penthouses start at 1,931 sq ft and the duplexes are 4,395 and 6,443 sq ft.

Can a foreigner buy here?

In Sabah a foreigner can generally buy a high-rise home priced at RM600,000 or more, with state approval. Most listings here are above that. Stamp duty on the transfer of a home is 8% for foreign buyers from 1 January 2026.

Berapa harga Jesselton Residences?

Harga jualan yang direkodkan EdgeProp bagi 48 bulan lepas ialah median RM860 sekaki persegi. Harga tawaran semasa sekitar RM750,000 hingga RM2.1 juta.

Jesselton Residences 租金多少?

根据PropertyGuru挂牌,两房单位月租约RM3,000至RM3,500,三房单位约RM5,000至RM7,800。

Which schools are near Jesselton Residences?

On map data, the nearest schools are SM Teknik Likas (~2.1 km), Kian Kok Middle School (~2.1 km), SMK Likas (~2.2 km). Distances are straight-line from the building.

Is there a train or bus station near Jesselton Residences?

The nearest stations on map data are West (inc Brunei & Sarawak) (~1.1 km), Minivan to Ranau & Kinabalu NP (25RM) (~1.1 km), Padang Merdeka Station: Ranau, Tambunan, Keningau, Kota, Kota Belud, Kota Marudu (~1.1 km).

What is the nearest hospital and mall to Jesselton Residences?

The nearest hospital on map data is Damai Specialist Centre (~2.6 km), and the nearest mall is Jesselton Mall (~200 m).

How much cash do I need to buy at Jesselton Residences?

For a unit at RM2,100,000,, a Malaysian buyer with a 90% loan needs about RM17,226 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM333,242, before the state consent fee. The full table is in "What buying here costs in 2026".

Get the current price list and units available at Jesselton Residences

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.

JL

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.

Message Jason

Last checked October 2026 against the sources listed. Sources: Jesselton International developer page; EdgeProp project page (transactions); PropertyGuru project page and listings; Wikipedia (citing The Edge, Daily Express); project listing on property.malaysiamostwanted.com. Unit availability, prices and completion dates are set by the developer or owner and can change. This page is general information, not an offer, valuation or legal advice.

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Jesselton ResidencesLeasehold · 965–6,443 sq ft · city waterfront
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