JB Condo Transaction Prices Near CIQ & RTS (Actual Sales Data)

Asking prices on property portals tell you what sellers hope to get. JB condo transaction prices tell you what buyers actually paid. This page collects the recorded subsale transactions for completed condominiums and serviced apartments around the Johor Bahru CIQ (Bangunan Sultan Iskandar) and the Bukit Chagar RTS Link station, so that buyers, owners and researchers have one clear, dated reference for actual sales data near the RTS.

The figures come from the National Property Information Centre (NAPIC) of the Valuation and Property Services Department (JPPH), as published project by project on List.my, and were retrieved on 9 November 2026. We report medians, transaction counts and the period covered for each project, explain the limitations honestly, and then pair the transacted prices with our own JB RTS and CIQ rent index to show indicative gross yields. All yields are illustrative, not forecasts.

JB condo transaction prices near CIQ and RTS: the main table

Across seven completed projects within the CIQ and RTS area, the median transacted price ranged from RM645 psf (JB Skysuites) to RM1,161 psf (Suasana Suites). The most liquid market by far is R&F Princess Cove, which accounts for more than half of all recorded deals in the set.

“As recorded” names in brackets are the names under which the transactions appear in the published NAPIC-based records. Walking distances are approximate and come from our earlier location research. The median price reflects the mix of unit sizes that happened to trade, so compare projects on RM psf rather than on median price.

Transaction counts by year

Activity peaked in 2022 and 2023 and has thinned since, partly because recent deals take time to appear in official records (see the limitations below).

How to read this transaction data (method and limits)

These are official records of completed subsale transfers, which makes them the most reliable public evidence of actual prices, but they need careful reading. Here is what we did and what to keep in mind.

• Source: NAPIC (JPPH) transaction records as published per project on List.my, retrieved 9 November 2026. List.my states that the figures are indicative and not a formal valuation.
• Time lag: official records typically lag the actual sale by about six months, so 2025 and 2026 counts are incomplete and will rise as records are added.
• All unit types together: each project median mixes studios, 1-bedroom, 2-bedroom and larger units. Smaller units usually transact at a higher RM psf, so a project with more studios will show a higher median psf.
• Unusual early records: some 2021 and 2022 records show very low prices (for example, under RM300 psf at TriTower Residence), which may reflect non-market transfers. Medians limit their effect, but they still pull the all-period median down, which is why the latest-year figure can sit well above it.
• Small samples: where the latest-year figure rests on one to three deals, treat it as a single data point, not a trend.
• Project coverage: we looked for the Kebun Teh and Larkin projects (Zennith Suites and SKS Habitat) used in our rent index, but no matching transaction records were available in the source at the time of writing, so they are not included in this edition.

Project notes: what the sales data shows

The short version: recent deals at the newest and closest buildings to the CIQ sit near the top of the range, while larger, older units offer lower entry prices per square foot.

R&F Princess Cove

With 438 recorded deals, Princess Cove is the benchmark for subsale liquidity near the CIQ. Its all-period median is RM904 psf, and the seven deals recorded so far in 2026 have a median of RM967 psf. A studio of 538 sq ft was recorded at RM650,000 (about RM1,208 psf) in June 2026, the most recent entry in the record.

TriTower Residence and Twin Tower Residence

Both are SKS-linked projects in the Bukit Chagar station area. TriTower Residence, the closest of the group to the RTS station, recorded an April 2026 sale of a 947 sq ft unit at RM1,100,000 (about RM1,161 psf). Twin Tower Residence, completed in 2023, has a median of RM945 psf from 20 deals, with RM1,011 psf for 2025.

SKS Pavillion Residences

Most of its 163 deals were recorded in 2023, making it the second most traded project in the set. Its median of RM959 psf sits near the top of the group, in line with its large supply of compact studios, the unit type that usually transacts at a higher RM psf. The single 2025 record was at about RM1,077 psf.

Paragon Suites @ CIQ and JB Skysuites

These two offer the lowest RM psf in the set (RM679 and RM645), mainly because their units are larger. For buyers who want more space within reach of the CIQ, they are the value end of the market.

Suasana Suites

The highest median psf in the set (RM1,161) but from only 13 deals, so the figure is sensitive to which units traded.

Transacted versus asking prices

Portal asking prices near the CIQ generally sit above the long-run transacted medians, which is normal: asking prices are opening positions, and the medians include older deals. Comparing the two helps you judge how far a listing is from recorded evidence.

Asking prices are what sellers advertise, not what buyers paid. If a listing is far above both the all-period and latest-year transacted psf, ask for recent comparable deals before negotiating.

How to use transaction data to judge a subsale listing

The most practical use of sales data is checking whether a specific asking price is reasonable. These steps work for buyers and for owners setting a price.

1. Match the project and unit type: compare only with deals for similar sizes in the same project, because studios and 3-bedroom units trade at very different RM psf.
2. Focus on the last 12 to 24 months: recent deals are closer to today’s market than the all-period median; widen the window only if recent deals are scarce.
3. Adjust for floor, view and condition: high floors, open views and renovated units usually sit at the top of the range.
4. Allow for the recording lag: ask for recent SPAs or a bank valuation to fill the last few months.
5. Check the yield: use the table below or the rent index to estimate gross yield, then deduct running costs.

Indicative gross yields at actual transacted psf (illustrative)

Using each project’s median transacted RM psf and the median asking rent psf from our Q4 2026 rent index, indicative gross yields range from about 3.9% to 6.9%. Formula: monthly rent psf × 12 ÷ transacted price psf.

Clearly illustrative: the transacted psf is an all-unit-type median over 2021 to 2026, while the rents are Q4 2026 asking rents by unit type. Studios usually transact above a project’s overall median psf, so studio yields here are likely overstated, and larger-unit yields may be understated. Buying at a recent price (for example the latest-year psf) gives a lower yield. Gross yield also ignores maintenance fees, quit rent, assessment, insurance, furnishing, letting costs and vacancy. Run your own net numbers with the JB property calculator and our rental yield guide.

What subsale data means for new launches like Causewayz Square

Completed subsale data is the best public evidence of what buyers have paid in the CIQ and RTS area, and it shows sustained demand: nearly 800 recorded deals across seven projects since 2021, with recent records in several projects above their long-run medians. For an under-construction project such as Causewayz Square, about 600 m from the CIQ with completion targeted around 2030, these figures are context, not a valuation.

• Different product: new launches come with new facilities, longer remaining building life and progressive payments, which subsale stock does not offer.
• Different timing: new-launch buyers pay over the construction period and take possession years later, while subsale buyers take a completed unit now.
• Compare like with like: compare unit sizes and layouts, not just headline psf.

For the latest SPA price list for Causewayz Square, WhatsApp us. For a side-by-side with the most traded project in this table, see Causewayz Square vs R&F Princess Cove, and for SGD buyers, our page on the SGD to MYR exchange rate and JB property converts these prices into Singapore dollars.

Updates and how to cite this page

We will refresh this page quarterly as new NAPIC records appear, using the same project list and method, and add Kebun Teh and Larkin projects once records are available. To cite it, please use: “Source: exsimciqrts.com, JB Condo Transaction Prices Near CIQ and RTS, November 2026 (NAPIC data via List.my)” and link to this page. For asking prices and rents across the city, see our JB condo price and rent overview.

Sources

• List.my, R&F Princess Cove transactions (NAPIC data, retrieved 9 Nov 2026)
• List.my, TriTower Residence transactions
• List.my, SKS Pavilion Residence transactions
• List.my, Twin Tower Residence (Pangsapuri Duo) transactions
• List.my, Paragon Suites @ CIQ transactions
• List.my, Sky Suites @ Meldrum Hills transactions
• List.my, Suasana Service Apartment transactions
• National Property Information Centre (NAPIC), JPPH

This guide is general information, not financial advice.