Maxim The Address Review (2026) — An Honest Verdict on the Taman Pelangi RTS Condo

Maxim The Address Review (2026) — An Honest Verdict

Maxim The Address is one of the strongest value plays in the JB–Singapore corridor: a freehold, commercially-titled serviced apartment from RM426,000, about 3 km from the CIQ and RTS Link, with a dual-key option and a legal short-term-rental title most rivals can’t match. It is not flawless — it is large and dense, sits a little further from the CIQ than some peers, and completes around 2029–2030 — but for an investor buying on fundamentals, the numbers add up. Here is the honest breakdown.

Our rating: ★★★★☆ (4 / 5) — a high-conviction investment buy; a considered own-stay choice.

What we like

  • Freehold + commercial strata. Permanent ownership and legal short-term rental — a rare combination in the corridor that removes the Airbnb-ban risk hanging over residential-titled rivals.
  • Genuine value entry. From RM426,000 at roughly RM852 psf, at or below the Taman Pelangi average — and about RM100k cheaper than some RTS-adjacent launches.
  • SEZ foreigner access. Under the Johor–Singapore SEZ, foreigners can buy from RM600,000 (Type B and C) — most JB projects block foreigners below RM1m.
  • Dual-key flexibility. The 865 sq ft Type C produces two rents from one title, or houses two generations independently.
  • Mature township. KSL Mall (~900 m), schools, banks and JB’s best food are already here — no waiting for amenities.
  • Facilities scale. A 44-facility Level-11 podium including pickleball, EV charging and co-working — broad tenant appeal.

The trade-offs (stated honestly)

  • ~3 km from CIQ/RTS. Closer options exist; the planned shuttle helps, but factor commute time into your tenant pitch.
  • High density. 2,743 units is a big community. The ~2.25 units-per-lift-per-floor ratio and 44 facilities soften this, but it is not boutique living.
  • Long runway. Completion around 2029–2030 makes this a buy-and-hold, not immediate cash flow.
  • Premium on the big units. Type C carries a higher psf (~RM911) and a thinner resale pool than the studios.
  • Name confusion. Shares "The Address" with an unrelated, troubled 2020 Kuala Lumpur project — do your searches carefully (this JB development is separate and freehold).

Who it’s for

  • Yield-focused investors who want legal short-stay income near the border.
  • Singapore-linked buyers (Type B/C) and Malaysian/PR investors capturing SGD-supported rents.
  • Dual-income or multigenerational buyers drawn to the Type C dual-key.

Who it’s not for

  • Buyers who must be within walking distance of the CIQ on day one.
  • Those wanting a low-density, boutique block.
  • Anyone needing rental income now rather than on 2029–2030 completion.

The verdict

On fundamentals — freehold, Airbnb-legal, SEZ-eligible, dual-key, mature township, below-market entry — Maxim The Address is a well-constructed investment case rather than a hype story. Buy it for the structural drivers (RTS, SEZ, yield), go in with eyes open on the density and the completion timeline, and choose the unit type that matches your strategy: Type A for the highest-yield studio, Type B for the deepest tenant pool, Type C for dual income.

Frequently asked questions

Is Maxim The Address worth buying?
For investors, yes — it combines freehold tenure, legal short-term rental, SEZ foreigner access and a below-market entry near the RTS Link. The main trade-offs are the ~3 km CIQ distance, high density, and a 2029–2030 completion.

What are the downsides of Maxim The Address?
It is large and dense (2,743 units), sits a little further from the CIQ than some rivals, completes around 2029–2030, and its larger units carry a premium psf.

Is Maxim The Address the project that collapsed in 2020?
No. That was a separate "The Address" in Taman Desa, Kuala Lumpur. Maxim The Address in Taman Pelangi, JB, is a different, freehold development by Maxim Pelangi Sdn Bhd.


Reviewed by Jason Chan, Malaysia property consultant (DMS Team). Independent opinion for information only; not financial advice. Projected yields are indicative and not guaranteed.

Next: Price list · Investment & yield analysis · Location & connectivity · Foreigner eligibility · Back to Maxim The Address overview

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