CTC SkyOne @ Bukit Chagar

Approximately 300 metres, which is CTC Development's own published figure and appears four times on its project page.

Two caveats you should hear from me rather than discover later. First, CTC does not state which two points that 300 metres runs between, and it has not published a site coordinate or Plus Code, so there is no way to verify it from a desk. Second, the station is not open. Walk the route yourself when you view the site, and time it.

For your own cross-check, the Bukit Chagar station is registered at 1.4665 N, 103.7623 E in public rail records. Ask CTC for the site coordinate and measure it against that.

It is not open. Civil works and systems testing are targeted for completion by the end of 2026, and the Transport Minister has stated a passenger service target of January 2027. The first train arrived at Woodlands North in February 2026 and testing has been running since.

Anything you read that says the RTS is already running, or that it opened in 2026, is out of date. The journey time between Bukit Chagar and Woodlands North is about five minutes.

The practical point for a SkyOne buyer: you would be buying a project that has not launched, next to a railway that has not opened. Both are on schedule, but neither is proven yet, and your entry price should reflect that rather than assume it.

Not answerable yet, and anyone who answers it confidently today is guessing. Johor sets a minimum purchase price of RM1,000,000 for any strata unit bought by a non-citizen, and state consent is required on top. CTC has not published a price list, so nobody knows which layouts — if any — will clear that floor.

Budget for the full stack of costs, not just the price. Johor's foreign buyer levy has been 3% of the purchase price or RM30,000, whichever is higher, since 1 July 2025 — and where the property is a serviced residence transacted below RM1 million the state minimum is RM50,000 rather than RM30,000. CTC has published no price list, so nobody yet knows which layouts land on which side of RM1,000,000; that price, not the product name, decides which minimum you are on. Non-citizens have paid a flat 8% stamp duty on transfer since 1 January 2026. On a RM1,000,000 unit that is RM80,000 in stamp duty plus RM30,000 in levy before legal fees.

What I will do is send you the price list the day it is released, with the eligible layouts marked. Message me and I will put you on that list.

The land is freehold and the title is commercial strata. Both come straight from CTC's own specification table, and the two facts pull in opposite directions for a buyer.

Freehold this close to the crossing is genuinely scarce and helps resale. Commercial strata costs you money every year you hold: assessment rates and electricity and water tariffs are billed at commercial rates, not residential, and the gap is not trivial on a small unit. Banks also tend to lend a lower margin against commercial-title serviced apartments than against residential-title condominiums, which narrows your pool of future buyers as well as your own loan.

The offsetting protection is that CTC classifies SkyOne as a serviced apartment under the Housing Development Act. That brings the statutory build-then-sell safeguards — progressive payments released against certified construction stages, a housing development account, and a defect liability period. Ask to see the developer licence and advertising permit numbers so you can confirm the HDA classification yourself.

1,605 serviced apartments and 22 retail units, across three towers: Tower A at 57 storeys, Tower B at 56 and Tower C at 56.

CTC does not publish how the 1,605 apartments are divided between the three towers, and that gap matters more than it sounds. In a three-tower scheme the unit count per tower tells you how many households share each lift core and each podium facility — which is the single biggest driver of lift waiting times and of how quickly the common areas wear out.

There is a second reason to ask. Every unit here is dual-key or triple-key, so the number of separately occupied households is higher than the unit count suggests. A 1,605-unit development where a meaningful share of units are triple-key could be housing well over two thousand tenancies. Ask CTC for the unit mix per tower and the typical floor plate before you commit.

CTC states that the development runs from two-bedroom to four-bedroom layouts and adopts the dual-key and triple-key concept throughout. It does not publish built-up areas, a layout schedule or a single floor plan on its own site, so this page does not carry those numbers either.

Here is a conflict worth knowing about. Agent microsites carrying the SkyOne name quote the smallest layout as 452 sq ft in one place and 462 sq ft in another — same project, same Type A, two different numbers on the same page. That tells you the marketing material in circulation has not been reconciled against a single source. I am not going to pick one of them and present it as fact.

The only built-up that ever binds you is the one written into the sale and purchase agreement. When the plans are released I will send you the full official set — message me and I will forward it the day it lands.

None of the three has been published. CTC's project page still shows SkyOne as coming soon, with no price list, no estimated completion date and no maintenance rate per square foot. I am not going to invent them.

What I would ask for on your behalf, in this order: the current price list by tower and stack; the estimated date of vacant possession written into the sale and purchase agreement rather than quoted verbally; the estimated maintenance charge per square foot and the sinking fund contribution; and the car park allocation per unit. On a commercial-title, dual-key development those last two decide your real net yield far more than the headline price does.

Message me and I will get them direct from CTC and send you what is actually current, rather than what an agent microsite was carrying six months ago.

It is real and it is the largest in the country. NAPIC's first-quarter 2026 figures record 9,972 completed unsold serviced apartments in Johor, out of 19,263 nationally worth RM16.52 billion. Kuala Lumpur, by comparison, carries 4,181. Roughly 58.5% of the national completed-unsold serviced apartment stock sits in the RM500,001 to RM1,000,000 band.

Three practical consequences. Resale: you will be selling into a market where buyers have alternatives, so a unit that is merely acceptable takes a long time to move and a unit with a genuine advantage — like a four-minute walk to a working railway — moves at a premium. Rent: a deep pool of competing landlords caps what you can charge, so gross yield assumptions built on 2024 marketing decks should be discounted. Bank valuation: valuers lean on recent transacted comparables, and in an oversupplied submarket those comparables are soft, which can leave a gap between your purchase price and the valuation your future buyer's bank is willing to accept.

The counterargument, honestly stated: overhang is a district-level statistic and this is a station-level location. The units that clear in a glut are the ones with a reason to exist. If SkyOne's 300 metres holds up when you walk it, it has that reason. If it does not, you are buying an ordinary serviced apartment into the worst oversupply in Malaysia.

Usually yes, but at a lower margin than a Malaysian citizen gets. Foreign buyers are typically offered around 60% to 70% of the purchase price, against up to 90% for citizens, so plan for a 30% to 40% cash deposit before stamp duty and levy.

SkyOne adds a second squeeze. Because the title is commercial strata rather than residential, several banks apply a tighter margin again and a shorter tenure, and a few will not lend on commercial-title serviced apartments to non-residents at all. The bank's own valuation, not the developer's price, is what the margin is calculated on.

Do the arithmetic before you book, not after. On a hypothetical RM1,000,000 unit at a 65% margin you are funding RM350,000 of equity, RM80,000 of stamp duty and RM30,000 of levy — RM460,000 before legal fees and disbursements. If that number changes your answer, it is better to know now.