Taman Setia Indah, Johor Bahru · Completed 2015 · Subsale
Sky Oasis Residences
A single 28-storey freehold tower of 434 serviced residences by S P Setia in Taman Setia Indah, with layouts from 756 sq ft to 1,003 sq ft.
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Sky Oasis 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
Sky Oasis Residences
Listed on PropertyGuru and iProperty as Sky Oasis Residence (Pangsapuri Oasis 1)
Address
Jalan Setia 12/1
Taman Setia Indah, 81100 Johor Bahru
Tenure
Freehold
PropertyGuru, iProperty and PropertyGenie
Completed
2015
PropertyGuru and iProperty; PropertyGenie gives January 2015
Tower
1 × 28 storeys
PropertyGuru, iProperty and PropertyGenie
Units
434
PropertyGuru, iProperty, PropertyGenie and EdgeProp agree
Layouts
756 to 1,003 sq ft
PropertyGuru and PropertyGenie
Maintenance
RM0.35 psf
PropertyGuru building page; PropertyGenie agrees
Foreign buyers
None
Asking prices are all below RM1 million
Why this address
Four things buyers weigh at Sky Oasis Residences
A single-tower freehold project from a listed developer. Here is the case, and the catch.
Established developer
The project was built by Setia Promenade Sdn Bhd, part of S P Setia, in the Taman Setia Indah township.
Freehold, one tower
A single 28-storey tower with 434 units is far smaller than many nearby developments.
Daily needs nearby
PropertyGenie lists Hospital Sultan Ismail, schools and the Mydin Pelangi Indah hypermarket among nearby places.
What to weigh: ask versus recorded prices
PropertyGuru’s asking prices run from about RM443 to RM745 psf, while EdgeProp’s recorded median over 48 months is RM471 psf. Maintenance is RM0.35 psf, so budget for it on a larger unit.
The development
Sky Oasis Residences, decoded
One 28-storey tower of serviced residences on freehold land in Taman Setia Indah, Johor Bahru.
Facilities
As listed by PropertyGuru, iProperty and PropertyGenie; floor levels are not published.
Water
Pool
- Swimming pool
Active
Fitness
- Gymnasium
Residents
Shared spaces
- Sky terrace
- Covered parking
- Perimeter fencing
- 24-hour security
Where the project is now
Price and rent by layout
What each layout is asking at Sky Oasis Residences
Asking prices and rents seen on iProperty 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 700–800 sq ft | – | RM1,500–1,800/mo | 14 |
| – | about 900–1,000 sq ft | – | RM1,750–2,000/mo | 6 |
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 Sky Oasis Residences sits
Jalan Setia 12/1, Taman Setia Indah, 81100 Johor Bahru, 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 | RM471 psf · typical RM426–702 psf | EdgeProp, viewed Oct 2026 |
| Asking price resale, all sizes | About RM472,000–768,000 · RM443–745 psf | PropertyGuru building page, Oct 2026 |
| Asking rent whole units | From about RM1,500 a month | PropertyGuru building page, Oct 2026 |
| Maintenance per sq ft | RM0.35 psf | PropertyGuru building page, Oct 2026 |
The transacted row is EdgeProp’s record of completed sales over 48 months, with an implied gross yield of about 5.31%; EdgeProp does not state the number of sales. Sale, rent and maintenance rows are as shown on PropertyGuru in October 2026; the sale and rent rows are asking prices, not transactions.
Track record
About Setia Promenade Sdn Bhd (S P Setia)
Sky Oasis Residences was developed by Setia Promenade Sdn Bhd, a company of the S P Setia group, according to PropertyGuru, iProperty and EdgeProp.
PropertyGenie gives the completion date as January 2015.
Around the building
What is near Sky Oasis Residences
The closest places on the map, measured in a straight line from the building. Driving distances are longer.
🚉 Getting around
- Johor Jaya Express Bus Terminal~4.0 km
- Johor Jaya Square~4.0 km
🛍️ Malls
- Toppen Shopping Centre~3.1 km
- AEON Mall Tebrau City~3.2 km
- Desa Mall~4.1 km
🎓 Schools
- Sekolah Menengah Kebangsaan Taman Daya 2~1.4 km
- Sekolah Jenis Kebangsaan (C) Foon Yew 5~1.5 km
- Austin Heights Schools~1.5 km
- Sekolah Menengah Kebangsaan Taman Mount Austin~1.7 km
🏛️ Colleges and universities
- Sunway College Johor Bahru~1.2 km
- Crescendo International College~4.3 km
- KPJ International College Johor Bahru~4.7 km
🏥 Hospitals
- Sultan Ismail Hospital~3.0 km
- Pusat Pakar Bersalin Tebrau~3.2 km
- KLINIK PERGIGIAN CEMERLANG~4.0 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 RM770,000, 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 | RM770,000 | RM770,000 |
| Down payment | RM77,000 | RM231,000 |
| Loan amount | RM693,000 | RM539,000 |
| Stamp duty on transfer (MOT) | RM17,100 | RM61,600 |
| Stamp duty on loan (0.5%) | RM3,465 | RM2,695 |
| Lawyer, sale agreement (incl. 8% SST) | RM9,666 | RM9,666 |
| Lawyer, loan agreement (incl. 8% SST) | RM8,834 | RM7,171 |
| Cash needed before keys | RM116,065 | RM312,132 |
| 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 434 units in one 28-storey tower. Layouts run from about 756 sq ft to 1,003 sq ft, according to PropertyGuru and PropertyGenie.
Is Sky Oasis Residences freehold?
Yes. PropertyGuru, iProperty and PropertyGenie all record 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 Sky Oasis Residences are all below RM1 million (about RM472,000 to RM768,000 on PropertyGuru in October 2026), so a foreign buyer would not normally meet the state minimum here.
How much does a unit rent for?
PropertyGuru listings in October 2026 start from about RM1,500 a month; the rate depends on size and furnishing.
Berapa harga Sky Oasis Residences?
Harga transaksi median ialah RM471 sekaki persegi (EdgeProp, 48 bulan terakhir). Harga jual semula sekitar RM472,000 hingga RM768,000 (PropertyGuru, Oktober 2026). Hartanah ini pegangan bebas dan siap pada 2015.
Sky Oasis 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RM471；PropertyGuru转售挂牌价约RM47.2万至RM76.8万，月租约RM1,500起。永久地契，2015年完工。
Which schools are near Sky Oasis Residences?
On map data, the nearest schools are Sekolah Menengah Kebangsaan Taman Daya 2 (~1.4 km), Sekolah Jenis Kebangsaan (C) Foon Yew 5 (~1.5 km), Austin Heights Schools (~1.5 km). Distances are straight-line from the building.
Is there a train or bus station near Sky Oasis Residences?
The nearest stations on map data are Johor Jaya Express Bus Terminal (~4.0 km), Johor Jaya Square (~4.0 km).
What is the nearest hospital and mall to Sky Oasis Residences?
The nearest hospital on map data is Sultan Ismail Hospital (~3.0 km), and the nearest mall is Toppen Shopping Centre (~3.1 km).
How much cash do I need to buy at Sky Oasis Residences?
For a unit at RM770,000,, a Malaysian buyer with a 90% loan needs about RM7,171 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM116,065, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
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Austin Suites
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View project →Get the current price list and units available at Sky Oasis 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.
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.