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Project review

AsteriaZ

Kebun Teh, Johor Bahru, JohorServiced Residence

AsteriaZ is a leasehold serviced residence in Kebun Teh, Johor Bahru, Johor by Exsim. Market reference RM 499K-769K for 560-915 sqft, 868 units, completion 2029 Q2. Lewis can help you compare the…

Price From:RM 499K-769KBuilt-up:560-915 sqftTenure:LeaseholdCompletion:2029 Q2
See this price in your own currency

Foreign buyers judge value in the units they buy at home. Convert the asking price and the price per unit of area.

Price from

S$156,250

Price per unit of area

S$279.02 / sq ft

Indicative only, at rates as of 12 August 2026 · Bank Negara Malaysia and market mid-rates

AsteriaZ serviced residence project view in Kebun Teh, Johor Bahru, Johor

Quick Project Decision

The short answer first — then dig into photos, price and risk below.

Good investment?

AsteriaZ is a leasehold serviced residence in Kebun Teh, Johor Bahru, Johor, by Exsim, priced from RM 499,200 (560-915 sqft), completing 2029 Q2, with an estimated gross rental yield of 3.4%–4.0%. Lewis Chong rates it 6.5/10 — not currently recommended. Only consider if the price, package or personal use-case is unusually strong.

Best for

First-Time Buyer. Entry budget.

Project snapshot

Check the practical details first before reading the deeper investment view.

Project Details Table

Cross-check these details against the developer's brochure before you book a viewing.

Project Name

AsteriaZ

Location

Kebun Teh, Johor Bahru, Johor

Developer

Exsim

Tenure

Leasehold

Completion Year

2029 Q2

Price From

RM 499K-769K

Built-up Range

560-915 sqft

Bedrooms

1-3

Total Units

868

Key selling points

A clean first scan of the project before you compare package, layout and risk.

Price and unit guide

Use these numbers as a shortlist guide for unit comparison.

Unit types & est. monthly

Type A · 1 Bed · 560 sq ft

≈ RM 499,200≈ RM 2,044/mo
Rental investorFirst-home buyer
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Type B1 · 3 Bed · 915 sq ft

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Small familyUpgrader
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Type B2 · 3 Bed · 915 sq ft

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Small familyUpgrader
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*Estimates based on 90% loan, 4.2% p.a., 35 years. Prices are indicative — confirm latest with Lewis.

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3 investment scenarios

A simple stress test factoring in vacancy buffer, rental guide and monthly holding guide.

Scenario

Conservative

Monthly Rent

RM 1,400

Cash Gap

-RM 1,173
Show all details

Gross Yield

3.4%

Vacancy Buffer

2 months / year

Monthly Holding

RM 2,340

What it means

Stress-test case. Use this when you want more buffer for vacancy, furnishing and rental competition.

Scenario

Balanced

Monthly Rent

RM 1,550

Cash Gap

-RM 919
Show all details

Gross Yield

3.7%

Vacancy Buffer

1 month / year

Monthly Holding

RM 2,340

What it means

Base planning case. Useful for checking whether the project still feels comfortable after normal vacancy buffer.

Scenario

Optimistic

Monthly Rent

RM 1,650

Cash Gap

-RM 759
Show all details

Gross Yield

4.0%

Vacancy Buffer

0.5 month / year

Monthly Holding

RM 2,340

What it means

Upside case. Only use after checking strong furnished rental evidence and tenant demand.

This is a decision guide, not a guaranteed return. It excludes personal tax, insurance, special assessment and future rate changes.

Rent figures are benchmark estimates pending verification against current nearby listings and Brickz / EdgeProp / NAPIC transaction evidence — this site does not invent transacted prices.

Cost and affordability check

Hidden cost guide

SPA / legal buffer (SPA = Sale & Purchase Agreement)RM 4,992
Stamp duty bufferRM 14,976
Loan agreement bufferRM 2,496
Renovation / move-in bufferRM 12,480

Confirm nett price, rebate and booking terms before paying.

Estimated cash to start

RM 49,920 down payment + RM 34,944 upfront buffers

The cash buffer figure shown in the calculator below already includes these upfront buffers.

Instalment assumes 90% margin, 4.2% p.a., 35 years — indicative of the current Bank Negara OPR environment; confirm actual rates with your bank.

Monthly Holding Cost

Quick guide only. Lewis can help check a more realistic bank package before you book.

Estimated instalment

RM 2,044

Maintenance guide

RM 196

Sinking fund guide

RM 20

Assessment & quit rent guide

RM 80

Monthly holding guide

RM 2,340

Cash buffer guide

RM 72,384

Instalment assumes 90% margin, 4.2% p.a., 35 years — indicative of the current Bank Negara OPR environment; confirm actual rates with your bank.

Same-area price comparison

Compare asking prices of nearby new launches in the same area and state for market context.

ProjectProperty TypeTenurePrice From
AsteriaZCurrentServiced ResidenceLeaseholdRM 499,200
Lagenda Suria Phase 1BCondominiumFreeholdRM 500,000
Gen RiseServiced ResidenceFreeholdRM 500,000
Impiana Bayu 3B1 Phase 1CondominiumFreeholdRM 502,000
Puncak WarisanCondominiumLeaseholdRM 504,000

Location intelligence

Use this as a viewing checklist. Confirm exact travel time with Google Maps or Waze on your actual viewing day.

State

Johor

Map

Kebun Teh, Johor Bahru, Johor

Lewis investment analysis

Lewis's honest take: overall score, realistic rental yield, the main risks, and which alternatives to compare before you decide.

Only consider if the price, package or personal use-case is unusually strong.

Suitable for

First-Time Buyer

Avoid if

Short-Term FlipperBuyer needing immediate move-inFreehold-only buyer

May not suit buyers who need confirmed walking distance to rail transit.

May not suit buyers who need to move in immediately or inspect the exact completed unit.

May not suit buyers who only want freehold tenure.

Risk

Medium-High

Holding Period

5-8 years

Confidence

6.7/10

Continue your research

FAQ and enquiry

Common buyer questions, related projects and a shorter enquiry form for next-step checks.

Buyer questions

The current market reference lists Exsim as the developer. AsteriaZ is in Kebun Teh, Johor Bahru, Johor with completion reference 2029 Q2.

More buyer questions (15)

Get price list, floor plans — or book a viewing

Enter your details and Lewis sends the latest price list, floor plans and rental-yield notes on WhatsApp. Usually within ~15 min (9am–9pm).

Usually replies within a few hours, 9am–9pm MYT (same as SGT).

Prefer to chat directly? WhatsApp Lewis

Related projects

Compare these before booking so you can check price, area, risk and rental logic side by side.

Similar budget range, useful for comparing entry price and monthly commitment.

Similar budget range, useful for comparing entry price and monthly commitment.

Similar budget range, useful for comparing entry price and monthly commitment.