Waterway Peaks @ Senibong Cove
Freehold high-rise apartments in the Lagoon precinct, every unit a 3-bedroom of 930 to 1,426 sq ft, from a developer-published RM593,000. That is a family-size product at a first-home price, inside a waterfront township — the trade-off is distance, and the brochure is honest about it.
Waterway Peaks at a glance
From senibongcove.my and the developer’s brochure, read on 22 September 2026, unless marked otherwise.
- Foreign buyers
- No — far below the RM1,000,000 strata floor
- Price
- From RM593,000Developer’s published starting price
- Sizes
- 930 – 1,426 sq ft3 bed / 2 bath (PropertyGuru)
- Towers / units
- 2 towers · 491 unitsPropertyGuru; storeys not published
- Tenure
- Freehold
- Completion
- October 2027Developer. An agent listing gives other dates.
- To RTS Link
- About 11 km, with shuttleDeveloper’s brochure
- Address
- Lagun Senibong, Jalan Senibong 2
- Green rating
- GreenRE Gold (provisional)
11 km to the RTS — and the developer says so
The brochure gives about 11 km to the RTS Link and 13 km to Singapore, with a shuttle service. Most brochures in this price range lead with minutes, not kilometres; this one prints the distance. Take it at face value: Waterway Peaks is not a walk-to-the-checkpoint product, and it is not priced like one.
What you get for the distance is a larger unit — no studios or 1-bedrooms here — in a gated waterfront township with a full facilities list, including a sky lounge, cinema room and EV chargers.
All 3-bedroom
| Type | Built-up | Bed / bath |
|---|---|---|
| Range of layouts | 930 – 1,426 sq ft | 3 / 2 |
From PropertyGuru, read 22 September 2026. Individual type names and sizes were not published on the pages I read.
The Lagoon precinct, Senibong Cove
Waterway Peaks sits at Lagun Senibong, off Jalan Senibong 2, within the Senibong Cove waterfront township at Masai. The township has a marina, a boardwalk and a retail precinct. See also Isola Coast and the Hillview high-rise launch in the same township.
Waterway Peaks in pictures
Images from Senibong Cove’s official project material (senibongcove.my), read 22 September 2026. Renders are artist’s impressions: landscaping, furniture and fittings shown are not necessarily delivered with the unit. Floor plans and site plans are indicative and subject to the approved plans.
Registered as Lagun Senibong: 491 units, handover July 2027
The developer’s brochure carried no readable permit. The National Housing Department register lists Waterway Peaks as Lagun Senibong, Phases 3 and 4 — two towers, 491 units, all 3-bedroom.
| Project code | Advertising permit | Tower | Units | Type | Price band on the permit | Built | Vacant possession (SPA) |
|---|---|---|---|---|---|---|---|
| 11115-9 | 11115-9/06-2027/0527(N)-(S) | 23 storeys | 205 | Condominium, 3 bed | RM593,000 – RM827,000 | 55.69% | 1 Jul 2027 |
| 29 storeys | 286 | Condominium, 3 bed / 2 bath | RM614,000 – RM848,000 | 76.83% | |||
| Total | 491 | Licensed developer: Senibong Cove Development Sdn Bhd · licence 11115/01-2028/0274(A) | |||||
Swipe sideways to see the full table →
Read from teduh.kpkt.gov.my on 22 September 2026 (register data updated to 21 September 2026). Check it yourself: teduh.kpkt.gov.my/semakan-status-kemajuan?kodProjek=11115-9
What the register adds
It is registered as a condominium, not a serviced apartment, which normally means a residential title and residential utility tariffs — a real cost advantage over most new high-rise in Johor. Confirm on the title.
The SPA handover date is 1 July 2027, earlier than the October 2027 on the products page. The 23-storey tower is behind the 29-storey one, so ask which tower your unit is in.
The whole band sits between RM593,000 and RM848,000, below Johor’s RM1,000,000 strata floor for foreign buyers.
WM Senibong
The developing company is Senibong Cove Development Sdn Bhd, part of WM Senibong Berhad. No advertising permit number appeared on the pages I read — ask for it with the price list.
Questions I actually get asked
How far is it from Singapore?
The developer’s brochure says about 13 km to Singapore and 11 km to the RTS Link, with a shuttle.
Are there smaller units?
No. Every published layout is a 3-bedroom, 930 sq ft and up.
When does it complete?
October 2027, per the developer. One agent listing gives different dates; rely on the sale and purchase agreement.
Can a foreigner buy?
No. Prices start at RM593,000, far below the RM1,000,000 strata floor.
Where is Waterway Peaks?
At Lagun Senibong, Jalan Senibong 2, Teluk Senibong, 81750 Masai, on the Senibong Cove grand canal, next to the Waterway Residences precinct.
How many units does Waterway Peaks have?
PropertyGuru lists 491 units; the developer’s brochure shows two towers.
What facilities are planned?
The brochure lists an infinity pool, wading pool, gym, co-working space, private cinema, karaoke rooms, sky lounge, boardwalk and EV chargers. The project carries provisional GreenRE Gold.
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Want the Waterway Peaks price list?
I will send the current list with floor plans.
No agent fee payable by the buyer on new developer launches
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 2026-09-22 · Last verified 2026-09-22 against Senibong Cove’s website and brochure (senibongcove.my), with towers, units and layouts from PropertyGuru. Prices shown are the developer’s published starting price only. This page is marketing information, not an offer or a contract.
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Developer: WM Senibong (5 developments on this site)
Where it is: Senibong Cove, Johor
The unit mix, the permitted price and how far up it is
None of this table is the developer’s account of itself. It is what the Ministry of Housing and Local Government records from the 7(f) returns: unit type, bedrooms and bathrooms, built-up area, unit count, the price range on the permit, and the certified percentage complete. A brochure price can be revised; the price on the permit was filed. A brochure need not mention progress; the percentage is certified. The status vocabulary is theirs too: Lancar (on schedule), Lewat (behind), Sakit (sick), Terbengkalai (abandoned).
11115-9 · LAGUN SENIBONG
Overall status: Lancar — on schedule
| Component | Bed / bath | Built-up | Units | Price on the permit | Complete |
|---|---|---|---|---|---|
| Rumah Pangsa/Kondo 23 storeys Lancar | 3 / 1, 2, 3 | — | 205 | RM593,000.00 – RM827,000.00 | 55.69% |
| Rumah Pangsa/Kondo 29 storeys Lancar | 3 / 2 | — | 286 | RM614,000.00 – RM848,000.00 | 76.83% |
Swipe the table sideways for the rest of the columns.
This is the document the developer had to file, and the housing department had to approve, before it was allowed to advertise at all — served from the ministry’s own host. It normally carries the location plan, the developer licence and building-plan approval references, the expected completion date, the encumbrance position, and the unit count and price floor and ceiling for each type. The brochure a salesperson hands you can be reissued. This one cannot.
Read from teduh.kpkt.gov.my on 2026-09-22, project code 11115-9. Re-read weekly.
What to do with the number. Read it against the delivery date in your own agreement, not against what a salesperson says. A project with a year left on its statutory clock and a third of the building up is telling you something the brochure will not.
How does that compare? Every development on this site, grouped by register status — cancelled, abandoned and behind schedule first.
No floor plan is reproduced on this page — but the drawings are findable
A floor plan is the developer’s copyright. This site does not mirror one and let you assume it is official. What it can do is send you to the drawing itself.
The advertisement the developer filed and the housing department approved normally carries the location plan and the unit count and price for each type. A salesperson’s brochure can be reissued. This one cannot.
The drawing that binds the developer is the one attached to your own sale and purchase agreement. Anything on any website is a reference copy — check the schedule to your contract before you sign.