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Project review

The Address @ Maxim Pelangi

Jalan Serampang, Taman Pelangi, Johor Bahru, JohorServiced Residence

The Address @ Maxim Pelangi is a freehold serviced residence by Maxim Pelangi Sdn Bhd rising on a 6.5-acre parcel in the established Taman Pelangi (Rainbow Garden) neighbourhood of Johor Bahru. The…

Price From:Contact for PricingBuilt-up:450 - 865 sqftTenure:FreeholdCompletion:Not disclosed — confirm with Lewis
The Address @ Maxim Pelangi serviced residence project view in Jalan Serampang, Taman Pelangi, Johor Bahru, Johor

Quick Project Decision

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

Good investment?

The Address @ Maxim Pelangi is a freehold serviced residence in Jalan Serampang, Taman Pelangi, Johor Bahru, Johor, by Maxim Pelangi Sdn Bhd, with layouts around 450 - 865 sqft, completing Not disclosed — confirm with Lewis, with an estimated gross rental yield of 3.8%–4.4%. Lewis Chong rates it 7.3/10 — a conditional buy. Worth studying, but only after confirming transaction evidence, rent, supply and unit selection.

Best for

Own-Stay Buyer. Long-term holding / Transit access / 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

The Address @ Maxim Pelangi

Location

Jalan Serampang, Taman Pelangi, Johor Bahru, Johor

Developer

Maxim Pelangi Sdn Bhd

Tenure

Freehold

Completion Year

Not disclosed — confirm with Lewis

Price From

Contact for Pricing

Built-up Range

450 - 865 sqft

Bedrooms

1 - 3

Total Units

2,743 units across 3 towers (A, Bayan/B, C)

Nearest Mall

KSL City Mall

Key selling points

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

Freehold serviced residence on a 6.5-acre site in the established Taman Pelangi (Rainbow Garden) township

About 3km to the Johor Bahru CIQ checkpoint and the upcoming RTS Bukit Chagar link, with a planned shuttle service

Three towers — A, Bayan (B) and C — totalling 2,743 units across the development

Units from 450 sqft 1-bedroom to 865 sqft 3-bedroom Dual-Key layouts for flexible rental income

25m infinity pool, aqua gym and water cocoon/spa pool anchoring the outdoor podium deck

Half-court basketball court, pickleball courts, children's playground and forest garden/hammock zone

Price and unit guide

Use these numbers as a shortlist guide for unit comparison.

Unit types & est. monthly

Type A1 · 1 Bed 1 Bath · 450 sq ft

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First-home buyerRental investor
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Type A2 · 1 Bed 1 Bath · 450 sq ft

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First-home buyerRental investor
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Type B1 · 2 Bed 2 Bath · 660 sq ft

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Small familyUpgrader
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Type B2 · 2 Bed 2 Bath · 660 sq ft

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Small familyUpgrader
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Type C (Dual-Key) · 3 Bed 2 Bath · 865 sq ft

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Rental investorMulti-gen living
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*Estimates based on 90% loan, 4.2% p.a., 35 years. Prices are indicative — confirm latest with Lewis.

Recalculate with my numbers →

Pricing not published yet — WhatsApp Lewis for the latest price list

Monthly Holding Cost

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

Estimated instalment

RM 2,866

Maintenance guide

RM 158

Sinking fund guide

RM 16

Assessment & quit rent guide

RM 84

Monthly holding guide

RM 3,124

Cash buffer guide

RM 101,500

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

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

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

Own-Stay BuyerLong-Term HolderTransit-Focused Buyer

Avoid if

Short-Term FlipperBuyer needing immediate move-in

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

Risk

Low-Medium

Holding Period

5-10 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

Maxim Pelangi Sdn Bhd has not published an open price list for The Address @ Maxim Pelangi. Unit layouts run 450 to 865 sqft across 1, 2 and 3-bedroom (Dual-Key) types, and pricing varies by tower and unit type. WhatsApp Lewis for the current nett price, package and remaining unit availability.

More buyer questions (21)

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.

Same freehold tenure, useful for comparing long-term holding logic.

Same freehold tenure, useful for comparing long-term holding logic.

Same freehold tenure, useful for comparing long-term holding logic.