Veranda Residence
Resale listings here run from RM360,000 to RM600,000 — a spread of RM240,000. Floor, facing and condition decide which end you pay. This page lays out price bands, rents, yields and risks across all 1 layouts.
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Veranda Residence in 30 seconds
Veranda Residence is a freehold condominium in Yahya Awal (northern fringe of Johor Bahru city centre / edge of the northeast district), Johor Bahru, Malaysia, developed by MB World Group and completed in 2022. It comprises — block(s), — storeys and 1,298 units. Address: Jalan Ikhlas, Yahya Awal, 80100 Johor Bahru, Johor.
1 layout types (areas not yet verified). As at September 2026, resale listings range RM360,000 – RM600,000, with a mid-market level around RM480,000; transacted PSF sits at RM469–1028 psf. Whole-unit rents are RM1,200 – RM2,500 a month, a gross yield of 5.3% – 5.3%. Maintenance: Not yet verified.
Transport position: about 5-7 km, roughly 10-15 minutes by car (estimated; one of the projects closest to the RTS station on this list)
What kind of project is Veranda Residence?
Every line below can be checked against the developer and official records. This is a completed 2022 project — you are buying a real unit you can walk into, not a rendering.
- Developer
- MB World GroupSKS Group / MB World Group (formerly Mahabuilders)
- Completed
- 2022Completed · resale stock
- Tenure
- FreeholdOpen to foreign buyers (min-price rules apply)
- Total units
- 1,298— block(s) · — storeys
- Layouts
- 1See price table below
- Maintenance
- Not yet verifiedConfirm with the management office
- Transacted PSF
- RM469–1028Recent resale range
- Gross yield
- 5.3–5.3%Whole-unit basis
A regional developer with several large serviced apartment projects in Johor Bahru in recent years; founding year and listing status not yet verified.
Yahya Awal (northern fringe of Johor Bahru city centre / edge of the northeast district) — what is around you
Full address: Jalan Ikhlas, Yahya Awal, 80100 Johor Bahru, Johor (80100). Location decides who rents from you — and how easily you resell.
🚉 Getting around
- 🚉 RTS / railabout 5-7 km, roughly 10-15 minutes by car (estimated; one of the projects closest to the RTS station on this list)
- 🛂 Checkpoint (CIQ)about 5-7 km (estimated)
- 🚌 Other transportabout 5-8 minutes by car to the Tebrau Highway / EDL interchanges
🛍️ Malls & shopping
- Not yet verified (some old-town commercial amenities within walking distance)
🎓 Schools
- Not yet verified
🏥 Hospitals
- Not yet verified
Prices and rents across 1 layouts
The table shows the current resale price band and rent band for each layout. Mid-market sits around RM480,000, the top of market reaches RM600,000 — within one layout the spread comes down to floor, facing and condition.
| Layout | Area | Bed / Bath | Resale price band | PSF | Monthly rent |
|---|---|---|---|---|---|
| Standard unit | area not verified | 2BR · 2 bath | RM360,000 – RM600,000 | — | RM1,200 – 2,500 |
Bands combine September 2026 listings with recent transactions; they are not live quotes. Actual prices depend on floor, facing, condition and negotiation.
Price range by layout
Bar spans the low to the high end of the market for that layout · in Ringgit
Rents: RM1,200 to RM2,500 a month
Whole-unit gross yield runs about 5.3% – 5.3%. That is gross — before maintenance, assessment, quit rent, insurance and vacancy. Net yield typically lands 0.8 to 1.2 percentage points below this.
Monthly rent by layout
Whole unit, unfurnished to basic furnishing · Ringgit per month
Who rents at Veranda Residence, how long units sit empty, and who will buy from you later matter more than the yield figure. I can walk you through all three against your budget and purpose.
What actually gives Veranda Residence its value
New building, freehold title
Located closer to the CIQ and the RTS Bukit Chagar station than typical Tebrau / Mount Austin projects, making the commute to Singapore easier
🏊 Facilities
- Multipurpose hall
- Nursery
- Surau (prayer room, separate for men and women)
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.
Young tenants and investors who want a new building (2022) close to the city centre and the RTS for commuting
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.
Strictly speaking it is not in the traditional Tebrau / Mount Austin core, but closer to the northern edge of the Johor Bahru city centre
Little public information on facilities; a site visit is needed to confirm
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 |
|---|---|---|---|---|---|---|
| Veranda Residence ← | 2022 | Freehold | 1,298 | RM469–1028 | RM360,000 – RM600,000 | 5.3–5.3% |
| Austin Suites (Permata Austin) | 2014 | Freehold | 460 | RM345–585 | RM299,000 – RM550,000 | 5.1–5.1% |
| Austin Regency (Pangsapuri Austin Perdana) | 2019 | Freehold | 1,200 | RM326–706 | RM328,000 – RM588,000 | 5.0–5.0% |
| Molek Regency | 2018 | Freehold | — | RM400–700 | RM350,000 – RM2,800,000 | 4.0–5.0% |
| Molek Pine 3 | 2013 | Freehold | 248 | RM464–657 | RM638,000 – RM1,400,000 | 5.7–5.7% |
| Cube 8 Teens | 2016 | Freehold | 286 | RM450–648 | RM245,000 – RM425,000 | 6.4–6.4% |
| Bayu Puteri 1 | 2004 | Leasehold | 266 | RM337–395 | RM305,000 – RM388,000 | 4.5–5.5% |
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. Veranda Residence is Freehold — 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 10 questions buyers ask me most
How much does Veranda Residence cost on the resale market?
As at September 2026, Veranda Residence resale listings run RM360,000 to RM600,000, with a mid-market level around RM480,000 and transacted PSF of RM469–1028. By layout: Standard unit (area not verified) RM360,000–RM600,000. Within one layout the spread comes from floor, facing and condition — WhatsApp me for the live list.
What are rents and yields at Veranda Residence?
Whole-unit rents run RM1,200 – RM2,500 a month, a gross yield of about 5.3% – 5.3%. That is gross: after maintenance, assessment, quit rent, insurance and vacancy, net yield is typically 0.8–1.2 points lower.
Is Veranda Residence freehold, and can foreigners buy?
Veranda Residence is Freehold. 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 Veranda Residence completed and who built it?
Veranda Residence was completed in 2022 and is occupied resale stock: — block(s), — storeys, 1,298 units. Developer: MB World Group. A regional developer with several large serviced apartment projects in Johor Bahru in recent years; founding year and listing status not yet verified.
How is transport at Veranda Residence, and how far is the checkpoint?
about 5-7 km, roughly 10-15 minutes by car (estimated; one of the projects closest to the RTS station on this list); about 5-7 km (estimated); about 5-8 minutes by car to the Tebrau Highway / EDL interchanges
What layouts does Veranda Residence have?
1 layouts: Standard unit area not verified (2BR). I can supply the developer’s official floor plans — WhatsApp me the layout you want to see.
What is the maintenance fee at Veranda Residence, and what facilities are there?
Maintenance is about Not yet verified (confirm with the management office). Facilities include: Multipurpose hall, Nursery, Surau (prayer room, separate for men and women).
Who is Veranda Residence suitable for?
Young tenants and investors who want a new building (2022) close to the city centre and the RTS for commuting
What are the risks of buying at Veranda Residence?
Strictly speaking it is not in the traditional Tebrau / Mount Austin core, but closer to the northern edge of the Johor Bahru city centre; Little public information on facilities; a site visit is needed to confirm
What malls, schools and hospitals are near Veranda Residence?
Malls: Not yet verified (some old-town commercial amenities within walking distance). Schools: Not yet verified. Hospitals: Not yet verified.
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This page gives you the market bands. What you actually need is the Veranda Residence units on the market today — which floor, which facing, what condition, what the owner is asking and how much room there is. Tap below and I will put it together for you.
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