Twin Tower Residence @ Bukit Chagar

No. SKS Group’s own project page marks it “Completed Development”. Everything on the market here is a resale from an individual owner.

That changes what you are protected by. There is no liquidated ascertained damages clause working for you, no developer defect liability period and no Housing Development Act developer obligations, because you are not buying from the developer. Your protections are the ones in a subsale contract.

It also changes what you should inspect. On a completed strata building the things that decide your next ten years are the management corporation’s accounts, the sinking fund balance, outstanding maintenance charges on the unit, and the condition of the lifts and the water pumps. I check those before I let a client sign.

The developer publishes no distance figure at all. Its project page says only “close proximity to Johor Bahru CIQ complex and future Bukit Chagar RTS link station”. So there is nothing to quote from SKS Group, and I am not going to put a number in quotation marks that they never said.

What I can do is measure. Taking the coordinate from the Google Maps embed on the developer’s own project page (1.4678278, 103.7626683) and the Bukit Chagar station point (1.466507, 103.762283), the Haversine distance is about 153 metres. That is straight-line, not walking — the actual walk is longer because of Jalan Tun Abdul Razak and the elevated alignment.

There is a genuine conflict worth knowing: PropertyGuru pins this building at a point 298 m away from the developer’s own pin, which produces about 320 m to the station instead. Both figures are on this page. Whichever you use, this is the closest completed freehold residential building to the terminus that I have measured.

Only at the top of the range. Johor’s floor for non-citizens buying strata property is RM1,000,000, and state consent is required on the transfer. Asking prices in this building run from about RM368,000 to about RM1.8 million on the major portals, so only the larger units clear the floor — the studios and most two-bedrooms do not.

Costs a foreign buyer must budget for: the Johor foreign buyer levy of 3% of the purchase price or RM30,000 whichever is higher — and where the property is a serviced residence transacted below RM1 million the minimum is RM50,000, not RM30,000, which is the tier the studios and most two-bedrooms fall into; RM1,000,000 is the dividing line, and above it the 3% exceeds either minimum — plus the flat 8% stamp duty applying to non-citizens on residential property since 1 January 2026. The amended Stamp Act definition expressly covers serviced apartments, so this building is caught. Malaysian permanent residents are excluded from the 8% and pay the ordinary tiered rates.

Note also that these are asking prices from agents, not transacted prices, and one portal’s psf band tops out at a figure that does not reconcile with its own price ceiling. Treat portal ranges as a starting point for negotiation, not as a valuation.

The developer says both, on the same page, and has never corrected either.

The specification table reads “2 Blocks of 27 and 31-storey Serviced Apartments”. The body copy above it reads “Standing tall at 41-storey above ground”. The microsite and every portal have copied the 41 figure. 27 plus 31 does not equal 41 under any reading, and neither block on its own is 41.

For a buyer this matters mainly for the high-floor premium you are being asked to pay. Count the floors from the lift panel when you view. That is the only source I would rely on for a specific unit.

Freehold is confirmed by the developer. The land use category is not.

One portal’s metadata says “residential”, but portal metadata is not a title search, and a serviced apartment in Johor Bahru is commonly built on commercial-category land. The difference is not cosmetic: commercial title means assessment at the commercial rate, electricity and water on commercial tariffs, and a bank margin of finance that is typically lower than on residential title.

This is genuinely checkable and it costs very little. Before you pay a booking fee, have your lawyer do a title search on the specific parcel. I will tell you the same thing on the phone that I am telling you here — do not take the title category from a listing page.

Parasky Projects Sdn Bhd (769041-K), under SKS Group — a privately held Johor Bahru developer and hotelier with no Bursa or SGX listing.

The delivered portfolio is substantial: Capri by Fraser Johor Bahru, Holiday Inn JBCC, Four Points by Sheraton Desaru, TriTower Residence, SKS Habitat, Larkin Junction. SKS City Mall JBCC opened on 1 May 2026 at roughly 90% occupancy, and the group has since signed hotel management agreements with Marriott International and a RM250 million green loan with Alliance Bank.

The disclosure that belongs here: group company SKS Southern Sdn Bhd has a public record of litigation with homebuyers, including a Federal Court decision in 2023 involving late delivery of vacant possession under the Housing Development Act, and a 2021 Court of Appeal case in which SKS Southern challenged a Homebuyers Claims Tribunal award to a purchaser. Neither case involved this building or Parasky Projects. Because you would be buying from an individual owner rather than from the group, this does not create delivery risk for you — but it is part of an honest answer to “who is behind it”.

Part of the expectation is already in the asking prices, and has been for some time. The line is not open — the official position is that civil and systems works complete by end-December 2026 and passenger service starts in January 2027. Multi-train high-speed testing was completed in April 2026 and Final Field Readiness testing is expected from September 2026.

There is one dependency worth watching that most agents will not mention: new legislation has to pass Parliament to permit co-located border controls, with Singapore officers at Bukit Chagar and Malaysian officers at Woodlands North. Without that, the co-located CIQ cannot operate as designed.

My honest read: buy this address because you will personally use a five-minute crossing to Woodlands North, or because the completed-building discount against nearby off-plan launches is real. Do not buy it on the assumption that January 2027 is a repricing event you are early to. You are not early.

Right inside it, and you should price accordingly. NAPIC’s Q1 2026 data puts Johor at 9,972 unsold completed serviced apartments — about 52% of the national total of 19,263 units worth RM16.52 billion, and the highest of any state. Nationally, 58.5% of that unsold stock is priced between RM500,001 and RM1 million, which is where most of this building’s asking prices sit.

The counterweight specific to this address is scarcity of a different kind. The oversupply is overwhelmingly in new and off-plan stock. Completed freehold buildings within a couple of hundred metres of the RTS terminus are not oversupplied, because there are hardly any. That is the argument for this building, and it is a genuine one.

The second counterweight is that a lot of the stock here already generates short-stay income rather than waiting for a long-lease tenant. That is a working income channel, not a projection — but it also means you are competing with your own neighbours on a booking platform.

Availability changes weekly because every unit is an individual owner’s decision. Portals currently show around a hundred sale listings and several dozen rental listings in this building, which is a healthy amount of stock and gives you room to negotiate.

The maintenance fee is not published by the developer or the management body in any source I would rely on. A figure of around RM0.25 to RM0.29 psf circulates on aggregator sites with no attribution, and I am not going to repeat it as fact. The management office will state the current rate, and the outstanding charges on a specific unit come out in the search.

Message me with your budget, whether you want a studio for letting or a three-bedroom to live in, and which face you want. I will come back with what is genuinely on the market, what has actually transacted recently, and the maintenance and sinking fund position from the management office rather than from a listing page.