Tebrau Coast, Johor Bahru · Completed 2017 · Subsale
Wave @ Marina Cove
Six 35-storey freehold towers holding 1,465 serviced apartments by IOI Properties on the Tebrau coast, with layouts from 526 sq ft to 1,344 sq ft and a two-acre facilities podium on Level 7.
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Answer block
Wave @ Marina 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
Wave @ Marina Cove
The only launched part of IOI’s 37.7-acre Marina Cove site; also recorded as Pangsapuri Tepian Bayu (EdgeProp)
Address
Jalan Sultanah Aminah
80300 Johor Bahru per PropertyGuru; EdgeProp gives Jalan Bentara 3, Taman Sri Intan, 80050, so records differ
Tenure
Freehold
PropertyGuru
Completed
2017
PropertyGuru project review and building page
Towers
6 × 35 storeys
PropertyGuru project review
Units
1,465
PropertyGuru and EdgeProp agree
Layouts
526 to 1,344 sq ft
One bedroom plus study to three bedrooms
Foreign buyers
Unlikely
At EdgeProp’s recorded median even the largest layout works out below RM1 million
Why this address
Four things buyers weigh at Wave @ Marina Cove
A large freehold block on the Tebrau coast, a short drive from the checkpoint. Here is the case, and the catch.
A short run to the checkpoint
PropertyGuru’s review puts the Sultan Iskandar CIQ about 6 km away, with the Tebrau Highway around five minutes’ drive.
A big podium of shared facilities
The Level 7 podium covers about two acres, split into active, leisure, children’s and quiet zones.
An active rental market
PropertyGuru showed about 248 rental listings in October 2026, with whole units asking roughly RM1,700 to RM3,500 a month.
What to weigh: scale and supply
With 1,465 units there is a lot of competing stock for sale and rent. Compare like-for-like layouts and use EdgeProp’s recorded prices, not asking prices, for your offer.
The development
Wave @ Marina Cove, decoded
Six 35-storey towers of serviced apartments on freehold land at Marina Cove, on the Tebrau coast of Johor Bahru.
Facilities
As listed in PropertyGuru’s project review; the facilities podium sits on Level 7.
Water
Pools
- Swimming pool
- Play pool
- Spa pool
- Kids’ pool
- Water feature landscape
Active
Sports and fitness
- Gymnasium
- Half basketball court
- Badminton court
- Games room
- Putting green
Residents
Shared spaces
- BBQ pavilion
- Function room
- Audio-visual room
- Reading room
- Yoga and meditation plaza
- Steam room and sauna
- Children’s playground
Where the project is now
Layouts
All 6 Wave @ Marina Cove layouts
6 layout groups, from 526 to 1,344 sq ft. Sizes from PropertyGuru’s project review, checked October 2026. Tap any layout and the drawing comes to your WhatsApp.
Type 1 — 526–553 sq ft
1 bed + study, 1 bath · 526 to 553 sq ft
Get this floor planAsk price & availability →Type 2C / 2D — 952 sq ft
2 bed + study, 2 bath · 952 sq ft
Get this floor planAsk price & availability →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 Wave @ Marina Cove sits
Jalan Sultanah Aminah, 80300 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 | RM709 psf · typical RM670–758 psf | EdgeProp, viewed Oct 2026 |
| Launch price at launch | From RM407,447 | PropertyGuru project review |
| Asking price for sale, all sizes | From about RM455,900 | PropertyGuru building page, Oct 2026 |
| Asking rent whole units | About RM1,700–3,500 a month | PropertyGuru rental listings, Oct 2026 |
The transacted row is EdgeProp’s record of completed sales over 48 months; EdgeProp’s recorded range runs from RM391 psf (March 2021) to RM1,099 psf (May 2023, a small unit). Sale and rent rows are asking figures seen on PropertyGuru in October 2026, not transactions; the rent row covers the 20 whole-unit listings on the first results page.
Track record
About IOI Properties Group Berhad
Wave @ Marina Cove was developed by Trilink Pyramid, which PropertyGuru describes as a wholly owned subsidiary of IOI Properties Group Berhad.
It is the only component of IOI’s 37.7-acre freehold Marina Cove site on the Tebrau coast launched so far, according to PropertyGuru’s review.
Around the building
What is near Wave @ Marina 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
- The Mall, Mid Valley Southkey~1.9 km
- Stellar Walk~2.0 km
- Pelangi Leisure Mall~2.3 km
🎓 Schools
- Sekolah Kebangsaan Tebrau Bakar Batu~1.2 km
- Sekolah Menengah Kebangsaan Permas Jaya 2~2.0 km
- Sekolah Kebangsaan Sri Tebrau~2.0 km
- Sekolah Agama Bakar Batu~2.0 km
🏛️ Colleges and universities
- City University Malaysia~3.0 km
- Asrama Kolej Vokasional Tanjung Puteri~3.5 km
- Kolej Kejuruteraan & Sains Kreatif~3.6 km
🏥 Hospitals
- The Eye Specialist Southkey (眼科专家 Southkey)~1.9 km
- Columbia Asia Hospital~3.1 km
- Century Orthopaedic Specialist Clinic~3.6 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
Layouts here run from about 553 to 1,344 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.
- ⚠️ 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 RM460,000, 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 | RM460,000 | RM460,000 |
| Down payment | RM46,000 | RM138,000 |
| Loan amount | RM414,000 | RM322,000 |
| Stamp duty on transfer (MOT) | RM8,200 | RM36,800 |
| Stamp duty on loan (0.5%) | RM2,070 | RM1,610 |
| Lawyer, sale agreement (incl. 8% SST) | RM6,210 | RM6,210 |
| Lawyer, loan agreement (incl. 8% SST) | RM5,589 | RM4,347 |
| Cash needed before keys | RM68,069 | RM186,967 |
| 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 1,465 serviced apartments in six 35-storey towers. Layouts run from 526 sq ft one-bedroom units with a study to 1,344 sq ft three-bedroom units, per PropertyGuru’s project review.
Is Wave @ Marina Cove freehold?
Yes. PropertyGuru records freehold tenure, and the wider Marina Cove site is described as freehold land.
Can a foreigner buy here?
In Johor a foreign buyer generally needs a purchase price of RM1 million or more (the state minimum can vary by area and property type), must obtain state consent from the Johor Land and Mines Office, and cannot buy Bumiputera lots, low-cost or affordable units, Malay Reserve land or single or one-and-a-half-storey terraces. Stamp duty on the transfer of a home is a flat 8% for foreign buyers from 1 January 2026. Johor also charges foreign buyers a consent levy of 3% of the price or RM30,000, whichever is higher (since 1 July 2025). At EdgeProp’s recorded median of RM709 psf, even the largest 1,344 sq ft layout works out at about RM953,000, so a foreign buyer would not normally meet the threshold here unless a unit is priced at RM1 million or more.
How much does a unit rent for?
Whole units on PropertyGuru in October 2026 asked about RM1,700 a month for a one-bedroom up to about RM3,500 for the largest three-bedroom layouts.
Berapa harga Wave @ Marina Cove?
Harga transaksi median ialah RM709 sekaki persegi (EdgeProp, 48 bulan terakhir). Harga tawaran di PropertyGuru bermula sekitar RM455,900 pada Oktober 2026. Hartanah ini pegangan bebas dan siap pada 2017.
Wave @ Marina Cove 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RM709；2026年10月PropertyGuru挂牌价约RM45.6万起，整间单位月租约RM1,700至RM3,500。永久地契，2017年完工。
Which schools are near Wave @ Marina Cove?
On map data, the nearest schools are Sekolah Kebangsaan Tebrau Bakar Batu (~1.2 km), Sekolah Menengah Kebangsaan Permas Jaya 2 (~2.0 km), Sekolah Kebangsaan Sri Tebrau (~2.0 km). Distances are straight-line from the building.
Is there a train or bus station near Wave @ Marina 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 Wave @ Marina Cove?
The nearest hospital on map data is The Eye Specialist Southkey (眼科专家 Southkey) (~1.9 km), and the nearest mall is The Mall, Mid Valley Southkey (~1.9 km).
How much cash do I need to buy at Wave @ Marina Cove?
For a unit at RM460,000,, a Malaysian buyer with a 90% loan needs about RM4,347 before getting the keys, covering the down payment, stamp duty and legal fees. A foreign buyer with a 70% loan needs about RM68,069, before the state consent fee. The full table is in "What buying here costs in 2026".
Compare
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Leasehold 3-bedroom apartments, 454 units in six blocks off the Tebrau Highway, completed 2007. Asking about RM258,000–450,000.
View project →Get the current price list and units available at Wave @ Marina 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.