Can Singaporeans and Foreigners Buy Maxim The Address?
Yes — foreigners, including Singaporeans, can buy Maxim The Address from RM600,000. Because the project sits within the Johor–Singapore Special Economic Zone (JS-SEZ) catchment, it qualifies for a reduced foreign-buyer minimum purchase price of RM600,000, instead of Johor’s standard RM1,000,000 floor. That means the 2-bedroom Type B (from RM617,000) and the 3-bedroom dual-key Type C (from RM816,000) are open to foreign buyers, while the 450 sq ft Type A (from RM426,000) sits just below the line.
This SEZ-linked RM600k threshold is one of the most important — and least understood — facts about the project. Here is the full picture.
Foreigner eligibility by unit type
| Unit type | SPA price from | Above RM600k SEZ threshold? | Foreign buyer eligible? |
|---|---|---|---|
| Type A (450 sq ft, 1+1) | RM426,000 | No | Not eligible (below threshold) |
| Type B (660 sq ft, 2-bed) | RM617,000 | Yes | Eligible |
| Type C (865 sq ft, dual-key) | RM816,000 | Yes | Eligible |
If you are a foreign buyer, target Type B or Type C. Type A remains available to Malaysian citizens and PR holders.
Why the threshold is RM600,000 here
Johor’s standard minimum purchase price for foreigners is RM1,000,000. However, the Johor–Singapore Special Economic Zone (JS-SEZ) — a cross-border economic zone spanning Iskandar Malaysia and nine flagship areas around Johor Bahru — allows reduced foreign-ownership thresholds in qualifying developments to attract international buyers. Maxim The Address, in established Taman Pelangi within the JB catchment, is positioned to offer foreign purchase from RM600,000 (SPA). Always confirm the project holds this approval in writing before you commit.
What it costs a foreign buyer
| Item | Detail |
|---|---|
| Minimum qualifying price | RM600,000 (SEZ threshold for this project) |
| Foreigner levy | RM50,000 (one-off, where foreign purchase applies) |
| State consent | Required — Johor state authority approval for foreign purchase |
| Eligible units | Type B (RM617k) and Type C (RM816k) |
The double opportunity for Singaporeans
The SEZ threshold means Singaporeans get two ways to benefit from Maxim The Address:
- Buy — own a freehold Type B or Type C from RM617,000, near the RTS Link (opening January 2027), at a fraction of Singapore prices.
- Rent — even buyers who prefer to let it out tap into strong Singapore-linked tenant demand, where tenants earn in SGD and pay rent in ringgit, supporting the projected 6–8% gross yield.
This is a sharper position than most JB projects, where foreigners are blocked entirely below RM1,000,000.
Who can buy Maxim The Address
- Malaysian citizens — all unit types, no restriction.
- Malaysian Permanent Residents — generally all unit types (confirm financing).
- Foreign nationals (incl. Singaporeans) — Type B and Type C, from RM600,000, under the SEZ threshold plus the RM50,000 levy and state consent.
A note on the name
If you have searched “The Address” and seen news about a 2020 construction incident, that was a different project — The Address @ Taman Desa in Kuala Lumpur. Maxim The Address in Taman Pelangi, Johor Bahru, is a separate, freehold development by Maxim Pelangi Sdn Bhd.
Frequently asked questions
Can a Singaporean buy Maxim The Address?
Yes. Thanks to its Johor–Singapore Special Economic Zone position, foreign buyers (including Singaporeans) can purchase from RM600,000 — so the Type B (RM617k) and Type C (RM816k) units qualify, plus a RM50,000 foreigner levy and state consent.
Which Maxim The Address units can foreigners buy?
Type B (660 sq ft, from RM617,000) and Type C (865 sq ft dual-key, from RM816,000). The 450 sq ft Type A from RM426,000 is below the RM600,000 threshold and is for Malaysian citizens and PR holders.
Why is the threshold RM600,000 and not RM1,000,000?
Johor’s standard foreigner minimum is RM1,000,000, but JS-SEZ qualifying developments can offer a reduced threshold to attract international buyers — RM600,000 in this case. Confirm the project-specific approval with the developer and your solicitor.
Is there a foreigner levy?
Yes — a one-off RM50,000 foreigner levy applies on top of the purchase price and the standard state-consent process.
Reviewed by Jason Chan, Malaysia property consultant (DMS Team). This is general information, not legal advice. The SEZ threshold and any project exemption must be confirmed with the developer and a licensed Malaysian solicitor before you commit.
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