Casa Tebrau @ Seri Palma
Resale listings here run from RM385,000 to RM455,000 — a spread of RM70,000. Floor, facing and condition decide which end you pay. This page lays out price bands, rents, yields and risks across all 2 layouts.
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Casa Tebrau @ Seri Palma in 30 seconds
Casa Tebrau @ Seri Palma is a leasehold condominium in Taman Delima, Tebrau, Johor Bahru, Malaysia, developed by Builtonlands Palm Sdn Bhd, a 95%-owned subsidiary of PLB Land Sdn Bhd within the PLB Engineering Berhad group and completed and handed over (PLB Engineering Berhad’s own website already listed it under “Completed Projects” in its May 2008 archived version, so completion was no later than 2008; the exact year has never been published).It comprises — block(s), 20 storeys and — units. Address: Taman Delima, Tebrau, 81100 Johor Bahru, Johor.
2 layout types (Type A 1,894 – 2,013 sq ft, Type B 1,464 – 1,539 sq ft, per the official floor plans). As at September 2026, resale listings range RM385,000 – RM455,000, with a mid-market level around RM420,000; transacted PSF sits at RM240–299 psf. Whole-unit rents are RM1,800 – RM2,150 a month, a gross yield of 4.5% – 5.5%. Maintenance is quoted at RM333.80 a month for a 1,500 sq ft unit (about RM0.22 per sq ft per month) — per September 2026 sale listings, where two different agents give exactly the same figure. The listings do not state whether the sinking fund is included.
Transport position: about 13-15 km, roughly 18-22 minutes by car (estimated)
Official median transacted price (historical reference): RM380,000 (219 psf), period August 2024 – July 2025 (9 transactions), source brickz.my (sourced from NAPIC/JPPH, roughly a 6-month lag). The sample is very small, only 9 transactions in a year, so the median is of limited representativeness. Prices range from RM300,000 to RM480,000, and within the same development there is a clear gap between Type A (1,894–2,013 sq ft) and Type B (1,464–1,539 sq ft). Ask the agent for actual transaction records over the past 12 months for the same layout and floor level as your target unit, rather than applying this median directly. Note: official data lags 6–12 months between transaction and publication. The price and rent tables on this page use agent-corrected figures, about 20% above published data — that is what you would actually pay today.
What kind of project is Casa Tebrau @ Seri Palma?
Every line below can be checked against the developer and official records. This is a completed, handed-over project — you are buying a real unit you can walk into, not a rendering.
- Developer
- Builtonlands Palm Sdn Bhd, a 95%-owned subsidiary of PLB Land Sdn Bhd within the PLB Engineering Berhad groupPLB Engineering Berhad
- Completed
- Not on public recordCompleted · resale stock
- Tenure
- LeaseholdOpen to foreign buyers (min-price rules apply)
- Total units
- —20 storeys
- Layouts
- 2See price table below
- Maintenance
- RM333.80/month (about RM0.22 psf)Per September 2026 sale listings (two agents give the same figure); for a 1,500 sq ft unit. Sinking fund inclusion not stated — confirm with the management office
- Asking PSF
- RM240–299Agent-corrected asking range
- Gross yield
- 4.5–5.5%Whole-unit basis
PLB Engineering Berhad is a listed Malaysian company whose core business is engineering and property development. PLB Homes is its property development brand, with a presence in the Tebrau growth corridor.
Taman Delima, Tebrau — what is around you
Full address: Taman Delima, Tebrau, 81100 Johor Bahru, Johor (81100). Location decides who rents from you — and how easily you resell.
🚉 Getting around
- 🚉 RTS / railabout 13-15 km, roughly 18-22 minutes by car (estimated)
- 🛂 Checkpoint (CIQ)about 13-15 km (estimated)
- 🚌 Other transportabout 5-8 minutes by car to the Tebrau Highway / EDL interchanges
🛍️ Malls & shopping
- AEON Tebrau City
🎓 Schools
- SK Taman Daya (national primary)
- SK Kangka Tebrau (national primary)
- SJK(C) Pandan (Chinese primary)
- SMK Majidi Baru 2 (national secondary)
- SMK Taman Daya (national secondary)
🏥 Hospitals
- Klinik Komuniti Taman Daya (government community clinic)
- Klinik Kesihatan Majidee (government clinic)
- KPJ Bandar Dato' Onn Specialist Hospital (private specialist)
- Hospital Sultan Ismail (public general hospital)
Prices and rents across 2 layouts
The table shows the current resale price band and rent band for each layout. Mid-market sits around RM420,000, the top of market reaches RM455,000 — within one layout the spread comes down to floor, facing and condition.
| Layout | Area | Bed / Bath | Resale price band | PSF | Monthly rent |
|---|---|---|---|---|---|
| Type A | 1,894 – 2,013 sq ft | 4BR · 2 bath | RM385,000 – RM420,000 | RM191 – 222 psf | RM1,800 – 2,150 |
| Type B | 1,464 – 1,539 sq ft | 4BR · 2 bath | RM420,000 – RM455,000 | RM273 – 311 psf | RM1,800 – 2,150 |
These are agent-corrected figures — based on the asking prices and signed rents currently in front of Koh Yue Lin, running about 20% above the published numbers on brickz.my / NAPIC and the major portals. That gap is not an error: official transaction data lags 6–12 months between recording and publication, and portal listings are often stale prices owners never updated. Portal basis for the same period: RM200–249 psf; this page uses RM240–299 psf. The official historical median is shown separately at the top of the page for trend.
The PSF column in the table above is worked out layout by layout — that layout's own price band divided by its area on the official floor plan — which is why it reads RM191–222 psf for Type A and RM273–311 psf for Type B, a wider spread than the RM240–299 shown as Asking PSF in the facts card. The facts-card figure is the project-wide agent-corrected band. The two are measured differently and both belong on the page: use the per-layout number when you are pricing one specific unit, and the project-wide band when you are comparing Casa Tebrau against other projects in the area.
Corrected as at 5 September 2026. Areas are taken from the developer's official floor plans (see the "Official Floor Plans" section below for the spec on each drawing). The PSF column is derived as lowest price ÷ largest area and highest price ÷ smallest area. Actual prices still depend on floor, facing, condition and negotiation; nothing here is an offer.
Price range by layout
Bar spans the low to the high end of the market for that layout · in Ringgit
What Casa Tebrau @ Seri Palma actually looks like
Each image is labelled as a photograph or a developer rendering. The gap between those two is where post-signing disappointment usually lives, so I will not pass one off as the other.
Official project visuals and floor plans from PLB Land Sdn Bhd (PLB Homes, PLB Engineering Berhad)'s own site plbhomes.com.my; copyright PLB Engineering Berhad.
The developer’s own drawings — 2 official layouts
These are the developer’s original drawings, not illustrations. Each carries real dimensions and room names, and I have checked every one against the official specification for area, bedroom and bathroom count. Much of what circulates online has been redrawn by agents, cropped so the dimensions are gone, or belongs to another project. Rule layouts out on paper first — it saves viewings.
Official project visuals and floor plans from PLB Land Sdn Bhd (PLB Homes, PLB Engineering Berhad)'s own site plbhomes.com.my; copyright PLB Engineering Berhad. The developer publishes these two plans at only 400 pixels wide, so the printed dimensions are not legible — I can request the full-resolution originals from the developer; WhatsApp me the layout you want.
What actually gives Casa Tebrau @ Seri Palma its value
Among the cheapest psf in the area, with a 4-bedroom large layout under RM440,000
Casa Tebrau is currently priced at about RM298,000–440,000, with psf between RM200 and RM249, one of the lowest bands among comparable condominiums in the Tebrau / Mount Austin area. Both layouts, Type A (1,894–2,013 sq ft) and Type B (1,464–1,539 sq ft), are 4-bedroom, 2-bathroom. For families with a limited budget but a need for space, the built-up area obtainable for the same budget is clearly larger than in new launches, and that is its most direct value advantage in the area.
A 20-storey single block with facilities and security provided in full
The project is a single 20-storey condominium block with a swimming pool, wading pool, gym, jogging track, sauna and children's playground, plus security systems including biometric fingerprint access, touch-sensor automatic gates, night-vision CCTV and 24-hour security patrols. Compared with older condominiums in the same price band, Casa Tebrau's investment in security hardware is clearly more complete, suiting owner-occupier families who value a sense of safety at home.
At the meeting point of three main roads, with multiple travel options
Taman Delima sits on the Tebrau corridor, surrounded by established neighbourhoods including Taman Setia Indah, Taman Daya, Taman Mount Austin, Taman Molek and Taman Johor Jaya, and connects directly to three trunk roads: the North–South Expressway (NSE), the Pasir Gudang Highway and the Tebrau Highway. Travel to the Johor Bahru port, the city centre and Senai airport all uses existing road networks without routing through a single bottleneck stretch.
Dense education options, from national primary schools to international schools within driving distance
Nearby education includes SRJK(C) San Yuk (Pandan), SJK(C) Foon Yew 5, SK Kangkar Tebrau, SK Taman Daya 2, SK Taman Mount Austin, SMK Taman Molek and SMK Taman Daya, among other Chinese primary, national primary and national secondary schools, with Fairview International School and New Era College Johor Bahru branch (Sunway College Johor Bahru) also within driving distance, suiting families with children who value a wide range of schooling options.
🏊 Facilities
- Gymnasium
- Jogging track
- Children's playground
- Sauna
- 24-hour security
- Swimming pool
- Wading pool
What is actually within reach
Location decides who rents from you and how easily you resell. Each distance below is labelled by how it was obtained; straight-line estimates say so — real walking routes detour around roads and overpasses and typically run 30–50% longer.
🚉 Getting around
- Tebrau Highway / Pasir Gudang Highway / North–South Expressway (NSE) junctionAll three trunk roads directly accessible; official sources do not state exact distances in kmreachable by car (distance in km not stated officially)
- CIQ / Johor–Singapore CausewayEstimated distance for the area; actual travel depends on the road network, not a popular cross-border commuter projectabout 13–15 km (estimated, straight line, requires driving)
- Bukit Chagar RTS stationRelatively far; not a primary choice for the commuter segmentabout 13–15 km (estimated, straight line, requires driving)
- Senai International AirportAccessible via the North–South Expressway / Tebrau Highwayexact distance in km or drive time not stated officially
🛍️ Shopping & dining
- AEON Mall Bandar Dato' Onn (Tebrau City)Listed in official material as one of the shopping centres "reachable by car"exact distance in km not stated officially
- Tesco Extra TebrauEveryday shoppingexact distance in km not stated officially
- Giant HypermarketEveryday shoppingexact distance in km not stated officially
🎓 Schools
- SJK(C) Foon Yew 5Chinese primary school optionexact distance in km not stated officially
- SK Taman Daya / SK Taman Daya 2National primary school optionsexact distance in km not stated officially
- SMK Taman Molek / SMK Taman DayaNational secondary school optionsexact distance in km not stated officially
- Fairview International SchoolInternational school optionexact distance in km not stated officially
- New Era College Johor Bahru branch (Sunway College Johor Bahru)Tertiary education optionexact distance in km not stated officially
🏥 Healthcare
- Columbia Asia Hospital – TebrauPrivate general hospital on the same Tebrau corridorexact distance in km not stated officially
- Hospital Sultan IsmailPublic general hospitalabout 7–9 km (estimated, straight line)
- Klinik Kesihatan Majidee / Klinik Desa AntoiCommunity clinicsexact distance in km not stated officially
Which kind of buyer are you?
Own-stay, investment, or a place for a child at school — the same project is judged on completely different things. Work out which one you are before you look at price.
Budget-limited families needing a large 4-bedroom unit
Casa Tebrau's psf is in one of the lowest bands in the area, so a relatively limited budget buys a 4-bedroom unit of 1,464–2,013 sq ft, suiting multi-generation households or families needing an extra room as a study or storage. Be prepared for facilities and management standards below those of new projects, with renovation and common areas potentially requiring a certain refurbishment budget.
Long-term owner-occupier buyers willing to accept lower liquidity
If your plan is to buy and live there for 10 years or more rather than cash out within a few years, the remaining lease term (some units to 2103) and the low psf remain attractive. But if you care about how quickly the asset can be liquidated, you need to accept upfront that transaction volume is scarce and online reviews are zero.
Practical buyers with modest requirements on developer background and project transparency
PLB Homes is not a mainstream Johor Bahru developer, and basic project data (completion year, total units) cannot be found on either major platform. Such information gaps count against the project for buyers seeking brand-backed value retention, but matter less to practical buyers focused purely on more space for the same budget.
Not suitable: investors seeking a quick resale exit or relying on online reviews to decide
Only 9 transactions across the development in the past year and zero reviews on PropertyGuru together mean poor exit liquidity and scarce public price references. If your investment logic rests on being able to sell at any time, or on judging a project's reputation from online reviews, the data available for this project is not yet sufficient to support that kind of decision.
What I will not hide from you
Every project has weaknesses. An agent not mentioning them does not make them go away — it just means you find out after you have signed. Here is what is actually wrong with this one.
⚠Remaining lease term varies by unit, and official databases show no uniform expiry date at all
In the project databases of both PropertyGuru and iProperty, Casa Tebrau's "Completion Year", "Total Units" and "Developer" fields all show N/A, and only a very few units for sale state title information on their individual listing pages — for example, a 2025 EdgeProp listing shows one unit with a lease expiry of 2103. This means buyers cannot confirm the project's lease commencement year in one step through official channels and must verify each unit individually. If the unit you want has less than 25 years of lease remaining, the bank will cut the loan tenure and the monthly instalment rises accordingly.
⚠The developer is headquartered in Penang and Johor Bahru is not its main market; brand recognition directly affects resale valuation
PLB Land Sdn Bhd (brand name PLB Homes) has its registered office address in Prai, Penang, and its business and past project record are concentrated in the affordable housing market around Penang; Casa Tebrau is one of its few projects in Johor Bahru. Compared with developers such as Mah Sing, SP Setia and UEM Sunrise, which have long-standing presence, reputation and after-sales systems in Johor Bahru, PLB Homes has lower brand recognition among local bank valuers and subsale buyers, which shows up directly in resale valuation and negotiating room — for an otherwise identical unit, the bank valuation may be more conservative and buyers will bid more cautiously.
⚠Both transaction volume and online reviews are extremely scarce; exit liquidity is the biggest unknown
brickz.my records show only 9 transactions across the entire development in the full year from August 2024 to July 2025, and the number of resident reviews on PropertyGuru is zero. Read together, these two figures show the subsale market here is very inactive — few buyers and few public reviews — so it is hard to find enough reference points online to judge a fair transaction price, and when you later want to sell, recent comparable transactions for pricing will be equally scarce, making negotiation more dependent on agents' private information than on public data.
⚠New supply in the area keeps increasing and rental yield is trending down
According to iRumah data, Casa Tebrau's rental yield fell from 5.65% in 2021 to 4.8% in 2022, while over the same period new projects such as One 49 Residence (completed 2024, 1,388 units) entered the Tebrau / Mount Austin market. New projects have newer facilities and some units are still in their promotional period, drawing away both tenants and buyers. For current and prospective owners, this means bargaining power on rent may keep being diluted, particularly for units whose layouts overlap with the new projects (such as 3–4 bedroom).
⚠Maintenance fee and sinking fund levels are not transparent; the fixed monthly outgoing after moving in is an unknown
No maintenance fee information for Casa Tebrau can be found in public sources, and there is no specific per-square-foot maintenance fee or sinking fund balance either. For a 20-storey condominium with a pool, gym and other facilities, the maintenance fee level directly affects your fixed monthly holding cost, and if management later imposes a special levy because of underfunded repairs, that is an unplanned expense.
What else is there around Tebrau / Mount Austin / Northeast?
Within one area, big price gaps usually have reasons: tenure, age, density, management. Compare across first, then decide which to look at closely.
| Project | Built | Tenure | Units | PSF | Price band | Yield |
|---|---|---|---|---|---|---|
| Casa Tebrau @ Seri Palma ← | — | Leasehold | — | RM240–299 | RM385,000 – RM455,000 | 4.5–5.5% |
| Austin Suites (Permata Austin) | 2014 | Freehold | 460 | RM414–702 | RM360,000 – RM660,000 | 5.1% |
| Austin Regency (Pangsapuri Austin Perdana) | 2019 | Freehold | 1,200 | RM391–847 | RM395,000 – RM705,000 | 5.0% |
| Molek Regency | 2018 | Freehold | — | RM480–840 | RM420,000 – RM3,360,000 | 2.3–5.7% |
| Molek Pine 3 | 2013 | Freehold | 248 | RM557–788 | RM765,000 – RM1,680,000 | 5.7% |
| Cube 8 Teens | 2016 | Freehold | 286 | RM540–778 | RM295,000 – RM510,000 | 6.4% |
| Bayu Puteri 1 | 2004 | Leasehold | 266 | RM404–474 | RM365,000 – RM465,000 | 6.2% |
Full list on the Tebrau / Mount Austin / Northeast area page.
What does buying here actually cost in 2026?
From 1 January 2026, stamp duty for foreign buyers of Malaysian residential property rose from 4% to 8%. Johor’s state consent levy rose from 2% to 3% (minimum RM30,000) from July 2025. Together with legal fees, this is the cash you need on top of the purchase price.
| Item | Basis | On RM1,000,000 |
|---|---|---|
| Purchase price | — | RM1,000,000 |
| Stamp duty (foreigner, 8%) | From 1 Jan 2026 | RM80,000 |
| Johor consent levy (3%) | Minimum RM30,000 | RM30,000 |
| Legal fees & disbursements (~1%) | — | ≈ RM10,000 |
| Total on top | — | ≈ RM120,000（12%） |
Johor sets a minimum purchase price for foreigners, and the rules differ between commercial title (serviced apartment / SOHO) and residential title. Casa Tebrau @ Seri Palma is Leasehold — confirm with your lawyer which regime applies before you place a booking. Get this wrong and the transfer can fail. I can check the title category for this project first.
The 13 questions buyers ask me most
How much does Casa Tebrau @ Seri Palma cost on the resale market?
As at September 2026, Casa Tebrau @ Seri Palma resale listings run RM385,000 to RM455,000, with a mid-market level around RM420,000 and transacted PSF of RM240–299. By layout: Type A (1,894 – 2,013 sq ft) RM385,000–RM420,000; Type B (1,464 – 1,539 sq ft) RM420,000–RM455,000 — areas per the official floor plans. Within one layout the spread comes from floor, facing and condition — WhatsApp me for the live list.
What are rents and yields at Casa Tebrau @ Seri Palma?
Public rental samples for Casa Tebrau @ Seri Palma are thin. I hold recent signed-lease figures and can send them to you directly.
Is Casa Tebrau @ Seri Palma freehold, and can foreigners buy?
Casa Tebrau @ Seri Palma is Leasehold. Foreigners may buy subject to Johor’s minimum purchase price for foreign buyers. Residential title and commercial title (serviced apartment / SOHO) fall under different rules — have your lawyer confirm which applies before booking. From 2026 foreign-buyer stamp duty is 8%, plus Johor’s 3% consent levy (minimum RM30,000).
When was Casa Tebrau @ Seri Palma completed and who built it?
Casa Tebrau @ Seri Palma is completed and handed over (year not in public record) and is occupied resale stock: — block(s), 20 storeys, — units. Developer: Builtonlands Palm Sdn Bhd, a 95%-owned subsidiary of PLB Land Sdn Bhd within the PLB Engineering Berhad group. PLB Engineering Berhad is a listed Malaysian company whose core business is engineering and property development. PLB Homes is its property development brand, with a presence in the Tebrau growth corridor.
How is transport at Casa Tebrau @ Seri Palma, and how far is the checkpoint?
about 13-15 km, roughly 18-22 minutes by car (estimated); about 13-15 km (estimated); about 5-8 minutes by car to the Tebrau Highway / EDL interchanges
What layouts does Casa Tebrau @ Seri Palma have?
2 layouts: Type A 1,894 – 2,013 sq ft (4BR), Type B 1,464 – 1,539 sq ft (4BR), areas per the official floor plans. I can supply the developer’s official floor plans — WhatsApp me the layout you want to see.
What is the maintenance fee at Casa Tebrau @ Seri Palma, and what facilities are there?
Maintenance is quoted at RM333.80 a month for a 1,500 sq ft unit (about RM0.22 per sq ft per month), per September 2026 sale listings in which two different agents give exactly the same figure. Neither listing states whether the sinking fund is included, so ask the management office for the latest fee notice and the audited accounts. Facilities include: Gymnasium, Jogging track, Children’s playground, Sauna, 24-hour security, Swimming pool, Wading pool.
Who is Casa Tebrau @ Seri Palma suitable for?
First-time buyers; Budget-conscious larger families needing 4 bedrooms (low psf, affordable total price for a comparatively large unit)
What are the risks of buying at Casa Tebrau @ Seri Palma?
Leasehold title; The developer is less established in pure residential property than Mah Sing, SP Setia and similar names; Low transparency on basic data (completion year, total units)
What malls, schools and hospitals are near Casa Tebrau @ Seri Palma?
Malls: AEON Tebrau City. Schools: SK Taman Daya (national primary), SK Kangka Tebrau (national primary), SJK(C) Pandan (Chinese primary), SMK Majidi Baru 2 (national secondary), SMK Taman Daya (national secondary). Hospitals: Klinik Komuniti Taman Daya (government community clinic), Klinik Kesihatan Majidee (government clinic), KPJ Bandar Dato' Onn Specialist Hospital (private specialist), Hospital Sultan Ismail (public general hospital).
Why can't I find Casa Tebrau's completion year and total units on PropertyGuru and iProperty?
In both platforms' project databases, the Developer, Completion Year and Total Units fields all show N/A. This is not unusual for older leasehold projects in Johor Bahru — many small and medium developments completed in the mid-2010s never uploaded complete project registration data to these international property platforms. The existence of the management company "Perbadanan Pengurusan Seri Palma" confirms the project has strata titles and a management body in place, but for the specific completion date and total unit count, ask the JMB or management office directly, or obtain the strata title documents from the land office to confirm.
How many years are left on Casa Tebrau's lease? Will it affect my home loan application?
Public sources give no uniform lease commencement year, but a 2025 EdgeProp listing shows one unit with a lease expiry of 2103, which implies an ample remaining term. However, expiry dates may not be identical across different units and different strata title batches, so it cannot be generalised. Before buying, require the seller to produce the original title or conduct a title search at the land office yourself to confirm the actual expiry year for your target unit, then assess the maximum loan tenure a bank can approve on that basis — banks generally require at least 20–25 years remaining on the title at loan maturity.
With so few transactions, will this project be hard to resell?
brickz.my records only 9 transactions in the year from August 2024 to July 2025, and PropertyGuru resident reviews stand at zero, so the subsale market is indeed not very active. Possible reasons include the modest size of the project itself, the developer's limited brand recognition, and a steady stream of new projects in the area (such as One 49 Residence) drawing buyer attention away. If you plan to hold for more than 5 years before considering a sale, this risk is relatively manageable; but if you need to move in and out quickly, ask an agent first to assess recent days on market and transaction cycles for comparable units before deciding.
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