Waterway Peaks @ Senibong Cove
Two freehold towers on the grand canal, and every one of the 491 units is a three-bedroom — 930 to 1,426 sq ft. No studios, no one-bedrooms: a true family address.
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Waterway Peaks @ Senibong Cove at a glance
Waterway Peaks @ Senibong Cove is a 491-unit freehold condominium in two towers of 23 and 29 storeys at Lagun Senibong, Teluk Senibong, Masai, Johor, with six three-bedroom layouts of 930 to 1,426 sq ft and vacant possession in the sale and purchase agreements dated 1 July 2027. The key facts below come from the developer’s own published material and brochure. WhatsApp me for the latest price list.
- Development
- Waterway Peaks @ Senibong CoveBy Senibong Cove Development Sdn Bhd
- Address
- Lagun Senibong, Jalan Senibong 2Teluk Senibong, 81750 Masai, Johor
- Tenure
- FreeholdCondominium, not a serviced apartment
- Towers
- 223 storeys and 29 storeys
- Units
- 491205 in the 23-storey tower · 286 in the 29-storey
- Layouts
- 6 types, 930 – 1,426 sq ftEvery one a 3-bedroom
- Price
- Latest price list on WhatsAppPricing varies by tower, floor and layout
- Handover (SPA)
- 1 July 2027Both towers, per the sale and purchase agreement
- Construction
- Well under way, both towers29-storey tower furthest along
- Facilities
- 12 on the Level 6 deckPlus ground-floor amenities and canal boardwalk access
- Township
- Senibong CoveMarina, clubhouse, retail precinct and six parks already running
- Who it suits
- Malaysian families & first-home buyersPriced for local buyers, below Johor’s RM1,000,000 foreign strata minimum
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Six reasons buyers shortlist Waterway Peaks
A family-sized freehold home on the Senibong Cove waterfront — six reasons it stands out.
Every single unit is a three-bedroom
All 491 of them, from 930 to 1,426 square feet. Both towers are three-bedroom condominiums. That is unusual in Johor, where most new high-rise is padded with studios to hit a headline price.
A condominium, not a serviced apartment
Both towers are classified as Kondominium. That normally means a residential title and residential utility and assessment rates rather than commercial ones — a real running-cost saving over a long hold.
Freehold, in a township that already works
Freehold strata is not common in Johor Bahru. And the township around it is finished: marina, clubhouse, retail precinct and six parks were built for earlier phases and are running now, not drawn on a facilities plan.
Construction well under way
Both towers are rising, with the 29-storey tower furthest along and handover in the sale and purchase agreement on 1 July 2027. You are buying a project well into construction rather than a launch-day render.
Canal frontage and a boardwalk at the door
The towers sit on the grand canal in the Lagoon precinct, and the developer’s brochure puts boardwalk access to the canal on the ground floor plan. Lagoon Park and the 2 km township boardwalk run from there.
Connected to the city and Singapore
The developer’s brochure puts Mid Valley Southkey 11 km away, the RTS station 12 km with a shuttle service, and Singapore 13 km, all via the Eastern Dispersal Link.
The whole development, decoded
Towers, unit counts, layouts and the shared facilities deck at a glance, from the developer’s own material.
Pick your tower
29 storeys — 286 units
The larger of the two blocks and the one the developer started first, now furthest along. Its higher floors give longer view lines over the canal and the strait.
23 storeys — 205 units
The smaller block, and the most accessible entry point into Waterway Peaks. It shares the same handover date in the sale and purchase agreement, 1 July 2027.
Level 6 facilities deck
Both towers share one podium deck at Level 6 carrying twelve facilities, and a ground floor with two separate lobbies, management office, surau, car wash bays and boardwalk access out to the grand canal. The full list is in the facilities grid below.
Facilities, level by level
Taken directly from the developer’s published Waterway Peaks brochure.
Podium deck · shared by both towers
- Swimming Pool
- Wading Pool
- BBQ Pavilion
- Co-Working Space
- Yoga / Fitness Room
- Gymnasium
- Function Room
- Multi-Purpose Room
- Private Cinema
- Karaoke Rooms
- Changing Room
- Children Playground
Ground floor
- Main entrance and guard house
- Lobby, Tower 1
- Lobby, Tower 2
- Management office
- Letter and parcel boxes
- Surau
- Washrooms
- Car wash bays
- Drop-off zones
- Boardwalk access to the grand canal
Township · already built
- Marina — 100 berths, vessels to 22 m
- Boardwalk of about 2 km
- Retail precinct — 201,189 sq ft
- Clubhouse
- Central, Entry and Beach Parks
- Mangroves, Island and Lagoon Parks
- Double-gated township entry
Where the project is now
All 6 Waterway Peaks layouts
Built-up areas are the developer’s official figures from senibongcove.my. Every layout is published as a pair — a base type and an “a” variant, such as A and Aa — which normally means a mirrored plan on the opposite side of the lift core. For the full floor-plan drawings, WhatsApp me — I get them from the sales gallery.
Floor plan on WhatsApp
Type A / Aa — 930 sq ft
Get this floor planFloor plan on WhatsApp
Type B1 / B1a — 1,080 sq ft
Get this floor planFloor plan on WhatsApp
Type B / Ba — 1,098 sq ft
Get this floor planFloor plan on WhatsApp
Type B3 / B3a — 1,098 sq ft
Get this floor planFloor plan on WhatsApp
Type B2 / B2a — 1,378 sq ft
Get this floor planFloor plan on WhatsApp
Type A2 / A2a — 1,426 sq ft
Get this floor planBuilt-up areas read from senibongcove.my/products on 22 September 2026 and re-checked 23 September 2026. Square-metre figures are my own conversion at 10.764 sq ft per sqm, rounded. PropertyGuru lists the configuration as 3 bedrooms and 2 bathrooms. Floor plans are indicative and subject to the approved plans.
Waterway Peaks and Senibong Cove in pictures
All images are the developer’s own, from senibongcove.my. Renders are artist’s impressions.
Images from Senibong Cove’s official project material (senibongcove.my), read 23 September 2026. Renders are artist’s impressions: landscaping, furniture and fittings shown are not necessarily delivered with the unit.
Where Waterway Peaks sits
Lagun Senibong, Jalan Senibong 2, Teluk Senibong, 81750 Masai — the Lagoon precinct of Senibong Cove, on the grand canal, reached from the Eastern Dispersal Link.
Pinned to Senibong Cove township (full Plus Code 6PH5FRMP+8W).
- Bandar Baru Permas Jaya — shops, schools, clinics1.6 kmstraight-line from the township
- Mid Valley Southkey11 kmdeveloper brochure, by road
- RTS Link · Bukit Chagar station12 kmdeveloper brochure, by road · shuttle service offered
- Johor Bahru city centre12 kmdeveloper brochure, by road
- Singapore13 kmdeveloper brochure, by road
- Senai International Airport30 kmdeveloper brochure, by road
- Hospital Sultan Ismail, Pandan6.9 kmstraight-line
- Aeon Tebrau City8.3 kmstraight-line
- JB Sentral · KTM & ETS8.4 kmstraight-line
- Eastern Dispersal Link (EDL)Accessthe township’s route to the city centre and the Causeway
Why buy Waterway Peaks @ Senibong Cove? Key benefits for investors and homeowners
Waterway Peaks @ Senibong Cove is a freehold condominium by Senibong Cove Development (WM Senibong) on the grand canal at Senibong Cove, Permas Jaya, Johor Bahru, with 491 three-bedroom units of 930–1,426 sq ft in two towers, handing over in July 2027. Here is what makes it stand out — whether you are buying to rent out or to live in.
Every unit a three-bedroom family home
All 491 units are three-bedroom layouts of 930 to 1,426 sq ft — no studios or one-bedrooms. That draws long-stay family tenants and owner-occupiers rather than short-let churn.
Freehold condominium title
Freehold, and classified as a condominium rather than a serviced apartment, which normally means residential utility tariffs and assessment rates — lower running costs over a long hold.
A waterfront township that already works
The 100-berth marina, 2 km boardwalk, 201,189 sq ft retail precinct, clubhouse and six parks are already built and running, by a developer that has handed over about 1,600 homes.
12 facilities on a shared Level 6 deck
Swimming and wading pools, BBQ pavilion, co-working space, yoga room, gymnasium, function and multi-purpose rooms, private cinema, karaoke rooms and a children’s playground.
Canal-front living with boardwalk access
The towers sit on the grand canal in the Lagoon precinct, with boardwalk access from the ground floor and Lagoon Park next door — waterfront living for the whole family.
Shuttle to the RTS, easy EDL access
The brochure puts the RTS station 12 km away with a shuttle service, Mid Valley Southkey 11 km and Singapore 13 km, while Bandar Baru Permas Jaya’s shops and schools are about 1.6 km away.
About WM Senibong and Senibong Cove Development
The company on your sale and purchase agreement is Senibong Cove Development Sdn Bhd, registration 199501039013 (368215-X), at N-01, Blok N, Pinggiran Senibong, No. 1 Persiaran Senibong, Teluk Senibong, 81750 Masai. It is the project company; the group above it is WM Senibong Berhad, registration 199301021876 (276614-P).
WM Senibong is a joint venture between Walker Group Holdings Pty Ltd — the Australian Walker Corporation — and Sigma Senibina Sdn Bhd, restructured into its present form in 2019. The group also develops Crest@Austin, The Kews at Leisure Farm and Centennial ParcVista, and reports a landbank of over 2,000 acres. In October 2025 The Star reported the group was weighing an equity fundraising or listing.
Delivery is the part you can check. Senibong Cove has been building since 2010 and The Star put about 1,600 homes worth roughly RM1.8 billion handed over by late 2025. Six precincts are sold out, including Waterway Residences (129 homes) immediately next door on the same canal — which makes it a usable rental and resale benchmark for Waterway Peaks. The marina, clubhouse, retail precinct and parks are built and operating.
Frequently asked questions
How many units does Waterway Peaks @ Senibong Cove have?
491 units in two towers: 286 in the 29-storey tower and 205 in the 23-storey tower.
Every unit is a three-bedroom, from 930 to 1,426 sq ft — WhatsApp me for the units still available.
Are all the units at Waterway Peaks really three-bedroom?
Yes. Both towers are three-bedroom condominiums, and all six published layouts — 930, 1,080, 1,098, 1,098, 1,378 and 1,426 square feet — are three-bedroom plans.
There are no studios and no one-bedroom units. That is unusual for a Johor high-rise at this price, and it changes who your neighbours and future tenants will be: families on long leases rather than short-stay stock.
What are the layouts and sizes at Waterway Peaks?
Six types, each published as a base plan and an “a” variant: A and Aa at 930 sq ft, B1 and B1a at 1,080 sq ft, B and Ba at 1,098 sq ft, B3 and B3a at 1,098 sq ft, B2 and B2a at 1,378 sq ft, and A2 and A2a at 1,426 sq ft.
The paired naming normally indicates a mirrored plan on the other side of the lift core. PropertyGuru lists the configuration as three bedrooms and two bathrooms, and I can send you the floor plan for any type.
How much does a unit at Waterway Peaks cost?
WhatsApp me for the latest price list — floor level, stack, tower and canal orientation all move the number.
Waterway Peaks is the accessible entry into freehold three-bedroom living at Senibong Cove. Tell me the tower and size you want and I will send the current list.
When will Waterway Peaks be completed?
Vacant possession in the sale and purchase agreement is 1 July 2027 for both towers.
Construction is well under way, with the 29-storey tower furthest along. WhatsApp me and I will confirm the date in the agreement for the tower you choose.
Can a foreigner or Singaporean buy at Waterway Peaks?
Waterway Peaks is aimed at Malaysian buyers: Johor sets a minimum purchase price of RM1,000,000 for a non-citizen buying strata property, and Waterway Peaks units are priced below that.
If you are a non-citizen interested in Senibong Cove, the landed phases are the route — Isola Coast Phase 2 clears Johor’s RM2,000,000 landed minimum, subject to state consent.
Is Waterway Peaks freehold, and is it a condominium or a serviced apartment?
Freehold, and classified as a condominium (Kondominium) rather than a serviced apartment.
That distinction is worth money over a long hold: a residential title normally carries residential electricity and water tariffs and residential assessment rates. WhatsApp me for the title details.
How far is Waterway Peaks from Singapore and the RTS Link?
The developer’s own brochure prints 13 km to Singapore and 12 km to the RTS station, with a shuttle service offered, plus 12 km to Johor Bahru city centre, 11 km to Mid Valley Southkey and 30 km to Senai International Airport. Access is via the Eastern Dispersal Link.
Straight-line from the township the checkpoint is about 8 km, and the developer’s shuttle service to the RTS station makes the cross-border commute easier.
What facilities does Waterway Peaks have?
Twelve on a shared Level 6 podium deck: swimming pool, wading pool, BBQ pavilion, co-working space, yoga and fitness room, gymnasium, function room, multi-purpose room, private cinema, karaoke rooms, changing room and children playground.
The ground floor carries a guard house and main entrance, a separate lobby for each tower, management office, letter and parcel boxes, surau, washrooms, car wash bays and boardwalk access to the grand canal. Beyond the gate, the township adds the 100-berth marina, a 2 km boardwalk, a 201,189 sq ft retail precinct, a clubhouse and six parks.
Where exactly is Waterway Peaks?
At Lagun Senibong, Jalan Senibong 2, Teluk Senibong, 81750 Masai, in the Johor Bahru district. It is the Lagoon precinct of Senibong Cove, on the grand canal beside the completed Waterway Residences.
The township coordinate is 1.483292, 103.837364 — Plus Code FRMP+8W Masai.
Who is the developer of Waterway Peaks?
Senibong Cove Development Sdn Bhd, registration 199501039013 (368215-X), part of WM Senibong Berhad — a joint venture between Australia’s Walker Corporation and Sigma Senibina Sdn Bhd.
The group has handed over about 1,600 homes at Senibong Cove since 2010, and the township’s marina, clubhouse and parks are already running.
Get the current price list and unit availability
Each tower and stack has its own view line and price, so the right question is not just the size — it is which tower and which stack. Tell me your budget and whether you are buying to live in or to let, and I will send back the units that actually fit.
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 2026-09-23 against Senibong Cove’s published project material and its Waterway Peaks brochure (senibongcove.my), WM Senibong’s corporate site, The Star and StarProperty. Unit availability, pricing and completion dates are set by the developer and subject to change. This page is marketing information only and does not form a contract.
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Developer: WM Senibong (5 developments on this site)
Where it is: Senibong Cove, Johor Bahru (JB), Johor