Parc Regency @ Plentong
A completed serviced apartment development by Mayland on Jalan Masai Jaya, handed over around the end of 2015. This is not a new launch. It appears on a competing agency’s list of current projects, and that single fact changes almost everything about how you should approach it — the price, the costs, the taxes and who you actually buy from.
Parc Regency at a glance
Mayland maintains a page for this development, but it carries marketing copy only — no unit count, no sizes, no prices, no permit number. The specification below therefore comes from Malaysian property media coverage rather than from the developer, and every line says so.
- Foreign buyers
- No — reported prices are far below RM1mThe Johor strata floor of RM1,000,000 applies to subsales too, not just to new launches.
- Status
- Completed, around end 2015Roughly 11 years old. This is a subsale purchase.
- Development
- Parc RegencyServiced apartments · Mayland Projects (Johor) Sdn Bhd
- Area
- Jalan Masai Jaya, Plentong, Johor BahruPer Mayland’s own page. Some portals file it under Masai.
- Site area
- About 9.15 acresProperty media, not the developer
- Blocks and storeys
- 5 blocks, up to 22 storeysProperty media, not the developer
- Total units
- About 2,003Property media, not the developer. Read the note below on what this number means.
- Layouts
- 2 and 3 bedrooms, about 810 – 1,010 sq ftProperty media, not the developer
- Reported launch prices
- About RM208,817 – RM408,778These are 2015-era launch figures, not today’s resale prices.
- Tenure
- Not stated on Mayland’s page
- Title category
- Not stated on Mayland’s pageServiced apartments in Johor are commonly on commercial title. Verify before you budget.
- Current maintenance charge
- Not published — but checkableOn a completed building you can obtain the real figure. See below.
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A completed building is a different purchase, and mostly a better-informed one
Almost every other project on this site is a new launch, where you are buying a promise: a floor plan, a completion date and an artist’s impression. Parc Regency has been standing for about eleven years. That removes construction risk entirely, and it replaces guesswork with things you can actually verify before you commit.
What you can check here that you cannot check on a new launch
- The real maintenance charge, in ringgit per square foot per month, from a current owner’s bill — not an estimate.
- The sinking fund balance and the collection rate. A large development with poor collection is a development where lifts and pumps do not get replaced on time. Ask the management office.
- Actual achieved rents, from listings and from owners in the building, rather than a projected yield.
- The condition of the common property — you can walk it. Look at the car park, the lift lobbies and the pool plant, not the show unit.
- AGM minutes and the management’s track record. These are the single best predictor of how the building will be run for the next decade.
And what changes on the cost side
Buying from an individual owner rather than a developer changes the arithmetic:
- No developer incentives. New launches often absorb legal fees or stamp duty. On a subsale you pay your own.
- Real Property Gains Tax is the seller’s liability, but it shapes the negotiation — a seller inside their RPGT window has a reason to hold out on price.
- Financing is against a valuation, and on an eleven-year-old building the valuer’s number is based on comparable transactions in the same blocks. Those are checkable in advance.
The foreign-buyer position is unchanged
The RM1,000,000 Johor floor for non-citizens applies to subsale purchases exactly as it applies to new launches. It is a restriction on the transfer, not on the developer, and it is enforced at consent and registration stage. The prices reported for this development are a fraction of that figure. The rules and the penalties are here.
What is reported, and by whom
| Item | Reported | Source |
|---|---|---|
| Site area | About 9.15 acres | Property media |
| Blocks | 5 | Property media |
| Storeys | Up to 22 per block | Property media |
| Total units | About 2,003 | Property media |
| Built-up | About 810 – 1,010 sq ft | Property media |
| Bedrooms | 2 and 3 | Property media |
| Launch prices | About RM208,817 – RM408,778 | Property media, 2015 era |
| Completion | Around end 2015 | Property media |
| Facilities | Pools, jacuzzi, sauna, gym, games room, multi-purpose hall, basketball court, gated with 24-hour security | Developer and property media |
| Tenure and title category | Not stated by the developer | — |
| Advertising permit | Not applicable to a completed subsale | — |
Mayland’s own page for this development, read on 26 August 2026, contains descriptive marketing copy and a location map and does not publish any of the figures above. I have therefore attributed each line to property media and have not presented any of them as developer statements.
2,003 units is the number to think hardest about
If that figure is right, this is a very large development, and size cuts both ways.
In its favour: a big resident population supports the retail and services around it, management costs are spread across many parcels, and there is a deep pool of comparable transactions, which makes valuation predictable and financing straightforward.
Against it: every unit you might buy has around two thousand near-identical neighbours, and a meaningful share of them will be owned by investors letting them out. When you come to sell or to find a tenant, you are competing inside your own building before you compete with anyone else. In practice that caps rents and slows resale, and it is the main reason large investor-heavy blocks trade at a discount to smaller ones nearby.
This matters more here than the age of the building does. Check how many units in the block are currently listed for sale and for rent — that single search tells you more about your exit than any brochure.
Layouts, as reported
Mayland publishes no layout information for this development at all — its own project page carries marketing copy and a location map. The range below is from Malaysian property media, not the developer, and it is a range across the whole development rather than a set of named types. On a completed building this matters less than it would on a launch, because you can walk the actual unit before you buy — which is the point of the section that follows.
2 and 3 bedrooms — about 810 to 1,010 sq ft
Get current listingsThe size range and bedroom counts are reported by Malaysian property media and are not developer statements; Mayland’s own pages were read on 26 August 2026 and publish none of it. On a subsale, ask the seller for the strata title and the unit’s own floor plan — the parcel area on the title is the number that governs, and it can differ from any advertised range.
Why there are no renders on this page
No images from the developer’s marketing are reproduced here. A render is drawn to sell. It is not something the developer is contractually bound to build, and there is nothing in it you can check against a document.
Ask for these three in writing instead: the approved building plan, the unit layout with its stated built-up area, and the specification schedule attached to the sale and purchase agreement. Those bind the developer. A render does not.
Plentong, and the highway argument
Mayland’s own material makes the case on connectivity: direct access to the Pasir Gudang Highway, with the Tebrau Highway and the East Coast Highway also reachable. That is a fair description — this is a car-oriented address in an established, densely populated part of eastern Johor Bahru, with Giant and other everyday retail nearby.
What the highway argument does not address, and what matters for a cross-border buyer: this is not a location near the Causeway or the RTS. If your reason for buying in Johor Bahru is daily commuting to Singapore, this address is a different proposition from the city-centre and Bukit Chagar projects elsewhere on this site. Drive it at 7am on a weekday before you decide, not at noon on a Sunday.
One filing note worth recording: Mayland places the development in Plentong, on Jalan Masai Jaya. Some property portals file it under Masai. Both descriptions point to the same corridor and I do not treat them as a conflict — but it is worth knowing if a search under one name returns nothing.
Registered as Residensi Masai — 2,600 units under one permit, and 848 of them are still being built
| Project code | Registered name | Advertising permit | Permit expires | Units | Bed / bath | Price band on the permit | Built | Status |
|---|---|---|---|---|---|---|---|---|
| 11703-1 | Residensi Masai | 11703-1/09-2027/0698(R)-(S) | 7 Sep 2027 | 848 | 1–2 / 1 | RM159,800 – RM338,000 | 80.00% | Lancar |
| 11703-1 | Residensi Masai | as above | as above | 593 | — | RM180,193 – RM572,886 | 100% | Siap Dengan CCC |
| 11703-1 | Residensi Masai | as above | as above | 426 | 1 / 1 | RM197,861 – RM548,634 | 100% | Siap Dengan CCC |
| 11703-1 | Residensi Masai | as above | as above | 373 | — | RM211,933 – RM541,087 | 100% | Siap Dengan CCC |
| 11703-1 | Residensi Masai | as above | as above | 360 | 2 / 2 | RM216,089 – RM566,300 | 100% | Siap Dengan CCC |
| Total | 2,600 | Licensed developer: Mayland Projects (Johor) Sdn Bhd (11703). District: Johor Bahru. Built-up up to 75 sq m | ||||||
Swipe sideways to see the full table →
Read from teduh.kpkt.gov.my on 27 August 2026. Pull it yourself: teduh.kpkt.gov.my/semakan-status-kemajuan?kodProjek=11703-1
Two fields agree
The licensed company is Mayland Projects (Johor) Sdn Bhd, which this page names as the developer. It holds exactly one licensed scheme in the national register, and the register’s coordinate for it sits in the Masai–Plentong area, which is where this development is. The registered name is Residensi Masai, not Parc Regency.
Five components, four finished and one still going
1,752 units are complete with a Certificate of Completion and Compliance. 848 stand at 80.00%.
Same permit, same name, same address — but not the same purchase. On the completed blocks you can walk the unit, read the actual maintenance charge and see the actual occupancy. On the 848 you are still buying a drawing, with a fifth of the construction ahead of you.
So the question is the same one this website asks everywhere: “Which block is my unit in, and is it one of the completed components?” Get it in writing.
If it is in the unfinished block, the clause that matters is the liquidated damages provision in your sale and purchase agreement — statutory rate for strata housing is 10% per annum of the purchase price, running from the date fixed in the agreement. The permit runs to 7 September 2027, which is the licence expiry, not a handover date. And because progress payments release against certified stages, re-read this register page before each one.
The block still under construction is also the cheapest and the smallest
Read the two together. The 848 units at 80% are 1 to 2 bedrooms with a single bathroom, permitted at RM159,800 to RM338,000 — a ceiling barely half that of any completed block.
That is not a criticism, but it is worth understanding before you buy: you would be buying the entry-level product in a development where the finished stock is materially larger and was permitted at up to RM572,886. On resale, your competition is not the whole development — it is the other 847 units of the same type, arriving at the same time.
Built-up areas run up to 75 square metres, about 807 sq ft, across the whole scheme. These are compact units throughout.
2,600 units in one scheme — what that means for you
This is one of the largest single-permit schemes anywhere on this website. Presented plainly:
The car park ratio and lift count were fixed at design stage against 2,600 households. Ask for both, and ask how many lifts serve your block rather than the development as a whole. At this scale and these price points, that is the difference between a ten-minute wait and a two-minute one, every morning, for as long as you live there.
The rental market is already visible. With 1,752 units handed over, you do not have to model the rental yield — you can go and observe it. That is a real advantage, and you should use it rather than accept a projection.
The management corporation’s arrears rate is the number to ask for. On a large, low-price-point strata development, arrears are the single best predictor of deferred maintenance, and deferred maintenance is what erodes resale value. Ask for the audited accounts.
Foreign buyers: nothing here is available to you
The highest price permitted anywhere in this development is RM572,886. Johor’s minimum purchase price for a non-citizen outside the designated exempt zones is RM1,000,000.
No unit in this scheme can lawfully be sold to a foreign buyer at a price the permit allows. The permitted ceiling is a little over half the threshold. If anyone offers to arrange it, ask for the mechanism in writing and put it in front of your own lawyer before any money moves.
Ask for documents using the registered name
The register has never heard of “Parc Regency”. Use Residensi Masai, project code 11703-1, Mayland Projects (Johor) Sdn Bhd.
Mayland
Parc Regency was developed by Mayland Projects (Johor) Sdn Bhd, part of the Mayland group, which maintains project pages at mayland.com.my and a Johor arm at maylandjohor.com. The group is long established in Malaysian residential development and is described in property media as an early mover in compact serviced-apartment product.
For a completed building, however, the developer’s record is no longer the main question. Eleven years after handover, what determines your experience as an owner is the joint management body or management corporation: whether maintenance fees are collected, whether the sinking fund is adequate, and whether the common property has been maintained. Ask for the last two years of AGM minutes and the audited accounts. Those documents tell you more than the developer’s name does.
Parc Regency is attributed to Mayland Projects (Johor) Sdn Bhd by the group’s own website. I am not employed by Mayland and this page is not their material.
Questions I actually get asked
Can a foreigner buy at Parc Regency?
On the prices reported for this development, no. The RM1,000,000 Johor floor for non-citizens applies to subsale transfers, and the figures circulating are a fraction of it. If you are a non-citizen, this development is not open to you regardless of how it is marketed.
Why is a 2015 project on a list of current projects?
I do not know, and I am not going to attribute a motive. Agency websites commonly keep completed developments listed for subsale and rental enquiries, which is entirely normal. What matters is that you know which you are looking at: a completed building bought from an individual owner, not a launch bought from a developer. The costs, the taxes and the protections are different.
Is an eleven-year-old serviced apartment a bad buy?
Not inherently, and in some ways it is a safer one — there is no construction risk and you can inspect what you are buying. The risks shift to building management, the age of major equipment such as lifts and pumps, and the depth of competition inside a very large development. Those are all checkable before you commit, which is more than can be said for a project that has not been built yet.
What should I ask for before making an offer?
The current maintenance charge per square foot, the sinking fund balance and collection rate, the last two AGM minutes, the number of units currently listed for sale and rent in the development, and confirmation of the title category — residential or commercial — because it determines your utility tariffs and your financing.
Most of the figures here come from property media, not from Mayland. Does that matter?
It does, and it is why they are labelled. The site area, block count and unit count on this page come from property media rather than the developer, so they are reported figures rather than verified ones. On an eleven-year-old completed building, nobody has a commercial reason to keep publishing them.
For a subsale you do not need the developer to confirm any of it. The strata title, the management corporation and the building itself are the sources now — and all three are available to you in a way a brochure never was.
The RM1,000,000 floor applies to subsales too. Why do people assume it does not?
Because it is usually explained as a rule about buying from developers. It is not. The Johor strata floor of RM1,000,000 is a restriction on the transfer of the title to a non-citizen, so it applies to a private resale exactly as it applies to a launch.
That is the trap on a completed building priced well under the floor: the unit is affordable, available and entirely closed to you. It also works in reverse when you sell — which is why a foreign owner in Johor is looking at a domestic buyer pool.
What do I ask the management corporation before making an offer?
Four documents. The outstanding maintenance and sinking fund charges on that specific unit. The audited accounts of the management corporation. The minutes of the last annual general meeting. And the schedule of parcel units, which sets your share of the charge.
Those tell you what the photographs cannot: whether the building is funded, whether major repairs are coming, and whether the previous owner is leaving you a debt. Arrears attached to a unit are a live risk on any subsale and deserve a written answer.
What condition issues should I expect on a building of this age?
At eleven years, the first serious cycle has arrived: lifts, water pumps, external repainting, waterproofing on roofs and bathrooms. Those are sinking-fund items, and whether the fund can carry them is exactly what the audited accounts show.
Inside the unit, look at the wet areas and any ceiling staining beneath upper-floor bathrooms. Go at the hour you would actually live there — for a building near Plentong that means checking the traffic and the noise at the times a viewing appointment never gets scheduled.
Why does this page have no price?
Because there is no single price. On a subsale, the price is whatever a specific owner will accept for a specific unit, and it moves with the floor, the facing and the condition. The 2015 launch figures on this page are history, not an asking price. Tell me your budget and I will pull the current listings and recent transactions.
For a subsale, ask me for the transactions
On a completed building the useful document is not a brochure — it is the recent transaction history and the current listings inside the block. I will pull both.
Agency fees on a subsale are payable by the seller under the standard arrangement
Louis Koh
11 years in Malaysian property · Johor Bahru & Kuala Lumpur new launches · English & 中文
I work with cross-border buyers from Singapore and with local investors. I’ll tell you when a project isn’t right for you — that’s usually worth more than the brochure.
Published 2026-08-26 · Mayland’s own project page (mayland.com.my) and its Johor microsite were read on 26 August 2026; both carry descriptive marketing copy and neither publishes a unit count, size range, price, tenure, title category or completion date. Every specification on this page is therefore attributed to Malaysian property media coverage and is not a developer statement. Launch prices quoted are from 2015 and are not current asking prices. This page is marketing information, not an offer or a contract.
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