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Project review

Space Residency

Jalan Harimau, Taman Abad, Johor Bahru, JohorServiced Residence

Space Residency is a completed freehold serviced residence in Taman Abad, Johor Bahru by Linbaq Group, directly next to KSL City Mall. Market reference RM 550K-1M for 645-907 sqft across 995…

Price From:RM 550K-1MBuilt-up:645-907 sqftTenure:FreeholdCompletion:2024
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$172,150

Price per unit of area

S$266.90 / sq ft

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

Space Residency serviced residence project view in Jalan Harimau, Taman Abad, Johor Bahru, Johor

Quick Project Decision

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

Good investment?

Space Residency is a freehold serviced residence in Jalan Harimau, Taman Abad, Johor Bahru, Johor, by Linbaq Group, priced from RM 550,000 (645-907 sqft), completed 2024, with an estimated gross rental yield of 3.4%–4.0%. Lewis Chong rates it 7.1/10 — a conditional buy. Worth studying, but only after confirming transaction evidence, rent, supply and unit selection.

Best for

First-Time Buyer. Ready-viewing buyers / Long-term holding.

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

Space Residency

Location

Jalan Harimau, Taman Abad, Johor Bahru, Johor

Developer

Linbaq Group

Tenure

Freehold

Completion Year

2024

Price From

RM 550K-1M

Built-up Range

645-907 sqft

Bedrooms

1+1-3

Total Units

995

Nearest Mall

KSL City Mall (adjacent)

Key selling points

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

Jalan Harimau, Taman Abad, Johor Bahru — directly next to KSL City Mall

Freehold tenure, fully completed and move-in ready

Facilities: saltwater pool, squash court, gym, karaoke room

26.5km to Senai International Airport, near JB CIQ checkpoint

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 1,550

Cash Gap

-RM 1,289
Show all details

Gross Yield

3.4%

Vacancy Buffer

2 months / year

Monthly Holding

RM 2,581

What it means

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

Scenario

Balanced

Monthly Rent

RM 1,700

Cash Gap

-RM 1,023
Show all details

Gross Yield

3.7%

Vacancy Buffer

1 month / year

Monthly Holding

RM 2,581

What it means

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

Scenario

Optimistic

Monthly Rent

RM 1,850

Cash Gap

-RM 808
Show all details

Gross Yield

4.0%

Vacancy Buffer

0.5 month / year

Monthly Holding

RM 2,581

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 5,500
Stamp duty bufferRM 16,500
Loan agreement bufferRM 2,750
Renovation / move-in bufferRM 13,750

Confirm nett price, rebate and booking terms before paying.

Estimated cash to start

RM 55,000 down payment + RM 38,500 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 2,252

Maintenance guide

RM 226

Sinking fund guide

RM 23

Assessment & quit rent guide

RM 80

Monthly holding guide

RM 2,581

Cash buffer guide

RM 79,750

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
Space ResidencyCurrentServiced ResidenceFreeholdRM 550,000
Harmoni Permai 2CondominiumLeaseholdRM 555,000
MagnoliaCondominiumFreeholdRM 556,000
The Celestz @ Kebun TehServiced ResidenceFreeholdRM 543,800
Neighbourhood 14 / Perjiranan 14 (Flexihome Phase 1)CondominiumFreeholdRM 558,000

Location intelligence

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

Nearest mall

KSL City Mall (adjacent)

Lewis investment analysis

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

Worth studying, but only after confirming transaction evidence, rent, supply and unit selection.

Suitable for

First-Time Buyer

Avoid if

Short-Term Flipper

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

May not suit families who prioritise school and park convenience above all else.

Risk

Low-Medium

Holding Period

3-7 years

Confidence

7.3/10

Continue your research

FAQ and enquiry

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

Buyer questions

Space Residency is developed by Linbaq Group. It is a completed freehold serviced residence in Taman Abad, Johor Bahru, directly next to KSL City Mall.

More buyer questions (16)

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.