Jason Lim · Johor Bahru property advisor

10 years in Malaysian property · Johor Bahru & Kuala Lumpur · Jason Lim, REN 84424 · 中文版 · Bahasa Melayu
Home › Johor Bahru projects › Mount Austin, Tebrau › Centra Residences @ Nasa City

Nasa City, Johor Bahru · Completed 2017 · Subsale

● Updated Oct 2026★ FreeholdCompleted 2017 · Move-in ready

Centra Residences @ Nasa City

A 25-storey freehold serviced-residence project by IJM Land in Nasa City, Tebrau, with 2- to 4-bedroom layouts of about 786 to 1,690 sq ft and a recorded median of about RM380 psf.

Freehold25 storeys786–1,690 sq ft2 to 4 bedroomsCompleted 2017

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RM380median psf, 48 months
~6.9%implied gross yield (EdgeProp)
2017completed

Answer block

Centra Residences @ Nasa City 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

Centra Residences @ Nasa City

By Nasa Land Sdn Bhd, an IJM Land company (IJM Land project page)

Address

Jalan Palma Perak 1

Nasa City, Tebrau, 81100 Johor Bahru (PropertyGuru); EdgeProp gives postcode 81200

Tenure

Freehold

PropertyGuru

Completed

2017

PropertyGuru; the developer lists the project as fully sold

Building

25 storeys

PropertyGuru; the developer’s gallery shows separate Tower A and Tower B lobbies

Units

Records differ

232 on PropertyGuru; 428 on EdgeProp

Layouts

About 786 to 1,690 sq ft

2, 3 and 4 bedrooms (PropertyGuru); the developer lists Types A, B and C

Foreign buyers

None

Asking prices seen run from about RM348,000 to RM580,000, below the RM1 million threshold

Why this address

Four things buyers weigh at Centra Residences

A freehold, family-sized serviced residence at mid-market prices. Here is the case, and the catch.

🔑

Freehold at mid-market prices

EdgeProp records a median of about RM380 psf over 48 months, lower than many newer towers in Tebrau.

👨‍👩‍👧

Mostly 3-bedroom homes

Most units listed on PropertyGuru are 3-bedroom layouts of around 1,100 sq ft, with some 2- and 4-bedroom units.

📈

Rental demand

PropertyGuru showed about 45 units for rent in October 2026, and EdgeProp puts the implied gross yield at about 6.9%.

⚖️

What to weigh: records differ on the basics

Portals disagree on the unit count (232 or 428) and the postcode. Confirm the block, unit size and title details on the sale documents, and use transacted figures for your offer.

The development

Centra Residences @ Nasa City, decoded

A freehold serviced-residence project of 25 storeys in Nasa City, Tebrau, Johor Bahru.

25Storeys
2017Completed
786+Sq ft
2–4Bedrooms

Facilities

As listed by PropertyGuru and shown on the developer’s project page; floor levels are not published.

Water

Pools

  • Swimming pool
  • Wading pool

Active

Fitness

  • Gymnasium
  • Sauna

Residents

Shared spaces

  • Multi-purpose hall
  • BBQ area
  • Children’s playground
  • Landscaped garden
  • Surau

Security

Access and parking

  • 24-hour security
  • Covered car park

Where the project is now

2017Completed
NowSubsale and rental market
Your moveCheck recorded prices for your size before you offer
Ask me what the brochure doesn’t tell you

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

Send me the guide

Location & connectivity

Where Centra Residences @ Nasa City sits

Jalan Palma Perak 1, Nasa City, 81100 Johor Bahru, Johor.

Open in Google Maps →
Maintenance. The maintenance rate is not published on the portals’ building pages. Ask the management office for the current monthly charge and sinking fund before you offer.
Econsave Taman DayanearbyPropertyGuru
KTM Kempas stationnearbyPropertyGuru
Schools, mosques and clinicsin the surrounding areaPropertyGuru

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
RM380 psf · typical RM322–480 psfEdgeProp, viewed Oct 2026
Asking price
for sale, all sizes
About RM348,000–580,000 · RM233–504 psfPropertyGuru building page and listings, Oct 2026
Asking rent
whole units
About RM1,700–2,700 a monthPropertyGuru rental listings, Oct 2026

The transacted row is EdgeProp’s record of completed sales over 48 months; EdgeProp puts the implied gross yield at about 6.85%. Sale and rent rows are asking prices seen on PropertyGuru in October 2026 (about 42 units for sale and 45 for rent), not transactions.

Track record

About Nasa Land Sdn Bhd

Centra Residences was developed by Nasa Land Sdn Bhd, which the developer’s project page names as an IJM Land company, as part of Nasa City.

The developer’s page lists the project as fully sold.

Around the building

What is near Centra Residences @ Nasa City

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

🚉 Getting around

  • Kempas Baru~1.6 km

🛍️ Malls

  • AEON Mall~1.8 km
  • Paragon Market Place~4.2 km
  • SKS City Mall Larkin (Larkin Junction)~5.9 km

🎓 Schools

  • SMK Bandar Dato’ Onn~1.0 km
  • Fairview International School Johor~1.2 km
  • Pusat Tuisyen Makmur Gemilang~1.8 km
  • KidStart~1.8 km

🏛️ Colleges and universities

  • KPJ International College Johor Bahru~1.1 km
  • Johor Bahru Allied Health Science College~3.5 km
  • Kolej Kemahiran Johor~4.2 km

🏥 Hospitals

  • KPJ Bandar Dato Onn Specialist Hospital~1.5 km
  • Hospital Permai Johor Bahru~3.9 km
  • Pusat Pakar Bersalin Tebrau~4.6 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.

  • ⚠️ A newer project, so many owners are renting out at the same time. Expect competition for tenants for the first few years.
  • ⚠️ Serviced apartments usually sit on commercial land. Utility tariffs and some loan terms can be less favourable than for a residential title.
  • ⚠️ 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 RM580,000, 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 priceRM580,000RM580,000
Down paymentRM58,000RM174,000
Loan amountRM522,000RM406,000
Stamp duty on transfer (MOT)RM11,400RM46,400
Stamp duty on loan (0.5%)RM2,610RM2,030
Lawyer, sale agreement (incl. 8% SST)RM7,614RM7,614
Lawyer, loan agreement (incl. 8% SST)RM6,988RM5,481
Cash needed before keysRM86,612RM235,525
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?

Records differ on the unit count: PropertyGuru gives 232 units over 25 floors and EdgeProp 428. Layouts run from about 786 to 1,690 sq ft, with 2, 3 and 4 bedrooms; most listed units are 3-bedroom homes of around 1,100 sq ft.

Is Centra 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 from the Johor Land and Mines Office. 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 Centra Residences seen in October 2026 run from about RM348,000 to RM580,000, so no unit currently meets the RM1 million minimum.

How much does a unit rent for?

PropertyGuru listings in October 2026 ask about RM1,700 to RM2,700 a month for a whole unit, depending on size.

Berapa harga Centra Residences?

Harga transaksi median ialah sekitar RM380 sekaki persegi (EdgeProp, 48 bulan terakhir). Harga tawaran semasa sekitar RM348,000 hingga RM580,000 dan sewa sekitar RM1,700 hingga RM2,700 sebulan (PropertyGuru, Oktober 2026). Hartanah ini pegangan bebas dan siap pada 2017.

Centra Residences 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RM380;2026年10月PropertyGuru挂牌价约RM34.8万至RM58万,整间月租约RM1,700至RM2,700。永久地契,2017年完工。

Which schools are near Centra Residences @ Nasa City?

On map data, the nearest schools are SMK Bandar Dato’ Onn (~1.0 km), Fairview International School Johor (~1.2 km), Pusat Tuisyen Makmur Gemilang (~1.8 km). Distances are straight-line from the building.

Is there a train or bus station near Centra Residences @ Nasa City?

The nearest stations on map data are Kempas Baru (~1.6 km).

What is the nearest hospital and mall to Centra Residences @ Nasa City?

The nearest hospital on map data is KPJ Bandar Dato Onn Specialist Hospital (~1.5 km), and the nearest mall is AEON Mall (~1.8 km).

How much cash do I need to buy at Centra Residences @ Nasa City?

For a unit at RM580,000,, a Malaysian buyer with a 90% loan needs about RM5,481 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM86,612, 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 Centra Residences @ Nasa City

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: EdgeProp project page (Oct 2026); PropertyGuru building page, sale and rental listings (Oct 2026); IJM Land Nasa City project page (Oct 2026). 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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Centra Residences @ Nasa CityFreehold · 786–1,690 sq ft · Jalan Palma Perak 1
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