MP

Developer

R&F Princess Cove

R&F Properties (Guangzhou) — premium Causeway-adjacent waterfront

Developer
R&F Properties (Guangzhou) — premium Causeway-adjacent waterfront
Completion
2018–2023 (Phase 1 & 2, CIQ-linked towers)
Rental range
RM 2,200 – 4,500 / mo
Yield
4.5 – 5.8% gross
Occupancy
85 – 92% (strong commuter demand)
Target tenant
Singapore Commuter & cross-border professionals

Property types

  • 1-bed CIQ view
  • 2-bed commuter units
  • 3-bed family layouts
  • Sky villa typologies

Pros

  • +Walking distance culture to CIQ
  • +Highest SG footfall in JB condo market
  • +Fast re-let on 1-bed stock
  • +Premium facilities support rent levels

Cons

  • Higher entry price vs suburban JB
  • Strata & maintenance fees elevated
  • Competitive supply within R&F phases
  • Cross-border policy sensitivity