Permas Jaya, Masai · Completed 2016 · Subsale
The Marina View
Two 36-storey freehold towers by the Senibong waterfront with only 284 condominium units, four to a floor, in layouts of about 1,150–1,838 sq ft plus penthouses.
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Answer block
The Marina View 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
The Marina View
By Capital Extension Land Sdn Bhd (Celand), per iRumah and EdgeProp
Address
Jalan Permas Timur
Kampung Senibong, 81750 Masai (portals also file it under Jalan Persiaran Senibong)
Tenure
Freehold
PropertyGuru, iRumah and Mudah
Completion
2016
iRumah; Mudah gives 2017, so records differ
Towers
2 × 36 storeys
PropertyGuru; four units per floor
Units
284
PropertyGuru, iProperty, EdgeProp, iRumah and Mudah agree
Layouts
About 1,150–1,838 sq ft
Mostly three and four bedrooms (iRumah); larger penthouses also recorded
Foreign buyers
Largest units only
Most asking prices are below RM1 million
Why this address
Four things buyers weigh at The Marina View
A low-density freehold condominium on the Permas side of the Straits. Here is the case, and the catch.
Few neighbours per floor
PropertyGuru notes four units per floor across two towers, with 284 homes in total, so lifts and corridors are less crowded than in larger blocks.
A short drive to the Causeway
PropertyGuru puts the CIQ checkpoint about five minutes’ drive away and AEON Permas Jaya about three minutes.
Resort-style facilities
Listings show lap, leisure and children’s pools, a jacuzzi, tennis courts, a sky terrace and a sky gym on the 20th floor.
What to weigh: a thin resale record
EdgeProp’s 48-month median is RM431 psf on few recent sales, while asking prices run from RM535 to RM1,050 psf. Ask for recorded sales of your exact layout before you offer.
The development
The Marina View, decoded
Two 36-storey freehold condominium towers with four units per floor in Kampung Senibong, Permas Jaya.
Facilities
As listed by PropertyGuru, iProperty and Mudah; the sky gym is on the 20th floor (PropertyGuru).
Water
Pools
- Lap pool
- Leisure pool
- Children’s pool
- Jacuzzi
Active
Sports and fitness
- Sky gym (level 20)
- Tennis courts
Residents
Shared spaces
- Clubhouse
- Lounge
- Sky terrace
- Multi-purpose hall
- BBQ pit
- Children’s playground
- 24-hour security
- 500+ parking bays
Where the project is now
Price and rent by layout
What each layout is asking at The Marina View
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 1,100–1,200 sq ft | – | RM2,500–2,800/mo | 8 |
| – | about 1,500–1,600 sq ft | – | RM3,000–3,400/mo | 3 |
| – | about 1,800–1,900 sq ft | – | RM4,000–4,500/mo | 4 |
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 The Marina View sits
Jalan Permas Timur, Kampung 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 |
|---|---|---|
| Transacted price median, last 48 months | RM431 psf · typical RM431–472 psf | EdgeProp project page, Oct 2026 |
| Asking price for sale, all sizes | About RM618,000–2.75m · RM535–1,050 psf | PropertyGuru building page, Oct 2026 |
| Asking rent whole units | About RM2,600–4,500 a month | PropertyGuru building page, Oct 2026 |
The transacted row is EdgeProp’s record of completed sales over 48 months; its narrow range suggests few recent sales, and EdgeProp puts the implied gross yield at about 6.4%. Sale and rent rows are asking prices seen on PropertyGuru in October 2026 (11 for sale, 15 for rent), not transactions; Mudah showed rents of RM2,700–4,500 for units of about 1,155–1,552 sq ft.
Track record
About Capital Extension Land Sdn Bhd
iRumah and EdgeProp name Capital Extension Land Sdn Bhd as the developer; PropertyGuru and Mudah give the name as Capital Extension Sdn Bhd.
iRumah describes the company as a privately held, small-scale developer.
Around the building
What is near The Marina View
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
- Stellar Walk~700 m
- AEON Mall~900 m
- Johor Bahru International Ferry Terminal~3.9 km
🎓 Schools
- Sekolah Kebangsaan Permas Jaya 5~500 m
- Sekolah Menengah Kebangsaan Permas Jaya 2~800 m
- Sekolah Kebangsaan Permas Jaya 4~900 m
- Sekolah Menengah Kebangsaan Permas Jaya 3~1.0 km
🏛️ Colleges and universities
- Open University Malaysia~5.3 km
- Asrama Kolej Vokasional Tanjung Puteri~5.5 km
- Kolej Vokasional Tanjung Puteri~5.6 km
🏥 Hospitals
- The Eye Specialist Southkey (眼科专家 Southkey)~4.5 km
- JB Specialist Hospital~5.5 km
- Columbia Asia Hospital~5.7 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
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.
- ⚠️ 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 RM2,750,000, 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 | RM2,750,000 | RM2,750,000 |
| Down payment | RM275,000 | RM825,000 |
| Loan amount | RM2,475,000 | RM1,925,000 |
| Stamp duty on transfer (MOT) | RM94,000 | RM220,000 |
| Stamp duty on loan (0.5%) | RM12,375 | RM9,625 |
| Lawyer, sale agreement (incl. 8% SST) | RM31,050 | RM31,050 |
| Lawyer, loan agreement (incl. 8% SST) | RM28,080 | RM22,140 |
| Cash needed before keys | RM440,505 | RM1,107,815 |
| 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 284 condominium units in two 36-storey towers, four to a floor. iRumah gives sizes of about 1,150 to 1,838 sq ft, mostly three and four bedrooms, and EdgeProp records a sale of a penthouse of about 2,960 sq ft.
Is The Marina View freehold?
Yes. PropertyGuru, iRumah and Mudah 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. 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 The Marina View run from about RM618,000 to RM2.75 million, so only the largest units and penthouses priced at RM1 million or more could qualify, and only if the unit is not on a Bumiputera lot.
How much does a unit rent for?
PropertyGuru listings in October 2026 ask about RM2,600 to RM4,500 a month for whole units; Mudah shows a similar RM2,700 to RM4,500.
Berapa harga The Marina View?
Harga transaksi median ialah RM431 sekaki persegi (EdgeProp, 48 bulan terakhir). Harga tawaran di PropertyGuru (Oktober 2026) sekitar RM618,000 hingga RM2.75 juta. Pegangan bebas, siap sekitar 2016.
The Marina View 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RM431；PropertyGuru挂牌价约RM61.8万至RM275万（2026年10月），月租约RM2,600至RM4,500。永久地契，约2016年完工，共284个单位。
Which schools are near The Marina View?
On map data, the nearest schools are Sekolah Kebangsaan Permas Jaya 5 (~500 m), Sekolah Menengah Kebangsaan Permas Jaya 2 (~800 m), Sekolah Kebangsaan Permas Jaya 4 (~900 m). Distances are straight-line from the building.
Is there a train or bus station near The Marina View?
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 The Marina View?
The nearest hospital on map data is The Eye Specialist Southkey (眼科专家 Southkey) (~4.5 km), and the nearest mall is Stellar Walk (~700 m).
How much cash do I need to buy at The Marina View?
For a unit at RM2,750,000,, a Malaysian buyer with a 90% loan needs about RM22,140 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM440,505, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
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View project →Get the current price list and units available at The Marina View
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.