Maxim Pelangi The Address is located along Jalan Abiad in Taman Pelangi, Johor Bahru — one of JB’s most established and mature residential and commercial townships. The development sits 3KM from the Johor-Singapore Causeway CIQ checkpoint and is positioned to benefit directly from the Johor Bahru–Singapore RTS Link. Walking distance to KSL Mall and within short driving distance of Mid Valley Southkey, schools, clinics, banking institutions, and major highway access points.
The Johor Bahru–Singapore Rapid Transit System (RTS) Link is a 4KM cross-border rail project connecting JB Sentral to Woodlands North MRT station in Singapore. When operational, it allows passengers to complete the cross-border journey in approximately 5 minutes — transforming the commute economics for Singapore-based professionals who choose to live in JB. Historically, every major transit infrastructure project in Malaysia has created a permanent appreciation premium for freehold properties within the catchment zone. Maxim Pelangi’s location 3KM from CIQ and near the JB Sentral RTS station positions it directly in this appreciation corridor.
Maxim Pelangi The Address holds a freehold land title — permanent ownership with no lease expiry. This is a structural advantage in Taman Pelangi and the CIQ corridor, where a significant portion of competing stock is on leasehold or commercial titles. Freehold ownership provides full transferability to heirs, stronger capital value preservation over time, and a consistent resale premium over equivalent leasehold properties in the same corridor.
Maxim Pelangi The Address projects a gross rental yield of 6–8% per annum — based on Singapore-linked tenant demand in the Taman Pelangi area and the structural dynamics of Singapore-earning professionals renting in JB. This significantly outperforms the JB serviced apartment average of approximately 4–5% and is driven by the SGD-to-RM rent premium, which means tenants earn in Singapore dollars while paying Malaysian ringgit rents. As always, actual yields depend on occupancy, management, and market conditions at the time of rental.
Three unit configurations are available: Type A (450 sq ft | 1+1 Bedroom, 1 Bathroom | From RM420,000) — the highest yield unit targeting Singapore commuter renters; Type B (660 sq ft | 2 Bedrooms, 2 Bathrooms | From RM610,000) — the most popular configuration with the deepest tenant pool, ideal for Singapore-based families; and Type C (865 sq ft | 3 Bedrooms, 2 Bathrooms — Dual Key | From RM810,000) — the dual-key income machine, allowing independent rental of both sub-units for maximum return per purchase.
The Type C dual-key unit at Maxim Pelangi consists of two self-contained living spaces within a single title — each with its own entrance, living area, bedroom, and bathroom. For investors, this means the ability to rent both sub-units independently, effectively doubling the rental income from a single property purchase. Alternatively, an owner can live in one sub-unit while renting the other to offset mortgage costs. For multigenerational families, dual-key allows parents and adult children to live independently under one title.
Maxim Pelangi The Address is developed by Maxim Global Berhad — a Bursa Malaysia publicly listed developer with a land bank exceeding 80,000 hectares across property, agriculture, and industrial sectors. Maxim Global operates with a mandate aligned to delivering quality, affordable homes in line with Malaysian federal government initiatives. Their institutional listing status and substantial land bank provide meaningful credibility and delivery assurance for investors evaluating project risk.
Foreign nationals can purchase property in Johor Bahru subject to the state’s Minimum Purchase Price (MPP) threshold — currently set at RM1,000,000 for most residential properties in Johor. Specific eligibility for Maxim Pelangi units depends on the applicable pricing tier and property category. We strongly recommend consulting our sales team and engaging a licensed Malaysian property solicitor to confirm eligibility, financing structure, and any required state authority approvals for your nationality.
