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Project review

Avenue Residences / Residensi Puncak Saujana Phase 2

MBW City, Jalan Tun Abdul Razak, Johor Bahru, JohorServiced Residence

Avenue Residences / Residensi Puncak Saujana Phase 2 is a freehold serviced residence at MBW City on Jalan Tun Abdul Razak, Johor Bahru, Johor by MBW City Sdn Bhd (MB World Group Berhad). Market…

Price From:RM 407K-789KBuilt-up:435-1001 sqftTenure:FreeholdCompletion:Q4 2027
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$127,391

Price per unit of area

S$292.85 / sq ft

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

Avenue Residences / Residensi Puncak Saujana Phase 2 serviced residence project view in MBW City, Jalan Tun Abdul Razak, Johor Bahru, Johor

Quick Project Decision

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

Good investment?

Avenue Residences / Residensi Puncak Saujana Phase 2 is a freehold serviced residence in MBW City, Jalan Tun Abdul Razak, Johor Bahru, Johor, by MBW City Sdn Bhd (MB World Group Berhad), priced from RM 407,000 (435-1001 sqft), completing Q4 2027, with an estimated gross rental yield of 3.4%–4.0%. Lewis Chong rates it 6.8/10 — not currently recommended. Only consider if the price, package or personal use-case is unusually strong.

Best for

First-Time Buyer. Long-term holding / Entry budget / Own stay.

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

Avenue Residences / Residensi Puncak Saujana Phase 2

Location

MBW City, Jalan Tun Abdul Razak, Johor Bahru, Johor

Developer

MBW City Sdn Bhd (MB World Group Berhad)

Tenure

Freehold

Completion Year

Q4 2027

Price From

RM 407K-789K

Built-up Range

435-1001 sqft

Bedrooms

1-3

Total Units

1796

Key selling points

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

Freehold tenure on a 5.65-acre integrated development

Serviced Residence project across Towers D, E, F & G (30 storeys each)

Free shuttle bus to Johor Bahru CIQ checkpoint

GreenRE certified with 8th-floor pool, jacuzzi, sauna and herb garden

Price and unit guide

Use these numbers as a shortlist guide for unit comparison.

3 investment scenarios

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

Scenario

Conservative

Monthly Rent

RM 1,150

Cash Gap

-RM 955
Show all details

Gross Yield

3.4%

Vacancy Buffer

2 months / year

Monthly Holding

RM 1,913

What it means

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

Scenario

Balanced

Monthly Rent

RM 1,250

Cash Gap

-RM 767
Show all details

Gross Yield

3.7%

Vacancy Buffer

1 month / year

Monthly Holding

RM 1,913

What it means

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

Scenario

Optimistic

Monthly Rent

RM 1,350

Cash Gap

-RM 619
Show all details

Gross Yield

4.0%

Vacancy Buffer

0.5 month / year

Monthly Holding

RM 1,913

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 4,070
Stamp duty bufferRM 12,210
Loan agreement bufferRM 2,035
Renovation / move-in bufferRM 10,175

Confirm nett price, rebate and booking terms before paying.

Estimated cash to start

RM 40,700 down payment + RM 28,490 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 1,666

Maintenance guide

RM 152

Sinking fund guide

RM 15

Assessment & quit rent guide

RM 80

Monthly holding guide

RM 1,913

Cash buffer guide

RM 59,015

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
Avenue Residences / Residensi Puncak Saujana Phase 2CurrentServiced ResidenceFreeholdRM 407,000
Residensi Parkland PermasServiced ResidenceFreeholdRM 410,000
Pangsapuri Saujana Indah Phase 1Serviced ResidenceFreeholdRM 422,000
Pangsapuri Saujana Indah Phase 2Serviced ResidenceFreeholdRM 424,000
JadeCondominiumFreeholdRM 425,000

Location intelligence

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

Nearest commercial hub

MBW City, Jalan Tun Abdul Razak, Johor Bahru

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 BuyerOwn-Stay Buyer

Avoid if

Short-Term FlipperBuyer needing immediate move-in

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.

Risk

Medium-High

Holding Period

5-8 years

Confidence

7.0/10

Continue your research

FAQ and enquiry

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

Buyer questions

Avenue Residences is developed by MBW City Sdn Bhd, part of MB World Group Berhad. It sits on a 5.65-acre freehold parcel at MBW City on Jalan Tun Abdul Razak, Johor Bahru, Johor with completion reference Q4 2027.

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).

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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.