EXSIM Group

The Asteriaz

Kebun Teh, Johor Bahru

Starting price
~RM 848 PSF
RM 474,900 from
Est. monthly instalment:~RM 1,842 / mo
Built-up size (approx.)560–915 sq ft
Layouts1-Bed to 3-Bed
Units & floors848 units · 42 floors
CompletionEst. 2029
Land titleCommercial (HDA)What this means
TenureLeasehold
Ask the latest priceSee all 2 floor plans

Independent guide. Free to ask. No pressure.

Development Highlights

01

A single 42-storey tower

It rises on an approximately 2.43-acre site in Kebun Teh, Johor Bahru.

02

Leasehold on a commercial title (HDA)

The land is titled commercial rather than residential, though HDA still protects buyers.

03

1,150 car park bays

Eight passenger lifts and one service lift serve the tower.

04

Kindergarten and prayer room on-site

The ground floor holds a tadika and a surau, beside 5 retail lots.

Honest Review

The Verdict: Pros and Trade-offs

✦ Our Verdict

The Asteriaz suits a buyer set on its entry-size unit, the size 81% of its homes are built to. Skip it if a 2-bedroom is the goal, since the only larger option is a 3-bedroom. It is also not the choice for a buyer who wants a fully residential building rather than one with ground-floor shops.

Why Buy Here

  • RM474,900 buys the entry unit, and it isn’t rare: 689 of the 848 homes, 81% of the tower, are built to that same size.
  • CIQ, the checkpoint into Singapore, is approximately 4.1km from the site by road: KSL City Mall is approximately 2.2km away.
  • Level 10 is one full floor of 11 facilities: a second gym sits one floor up, and the BBQ deck is on the roof.

Why NOT Buy

  • The only step up from the entry unit is a 3-bedroom, RM295,000 more: there is no 2-bedroom to soften that approximately 355 sqft jump.
  • The land title is commercial, not residential, with 5 retail lots on the ground floor: a buyer wanting a purely residential block should look elsewhere.

Floor Plans

Pick a layout from the list to see its real plan drawing. Tap the drawing to enlarge.

Type A

Starting priceRM 474,900
Size560 sq ft
Layout1+1 bedrooms
Starting priceRM 474,900
Ask about Type A on WhatsApp

Shared Facilities & Amenities

Pools & Water

  • Jacuzzi
  • Swimming pool
  • Wading pool

Wellness & Active

  • Gymnasium
  • Playground

Social & Work

  • Karaoke room
  • Sky BBQ & herbs garden (rooftop)
  • Co-working space
  • Games room
  • Outdoor lounge
  • Multipurpose hall
  • Reading room

Location

The Asteriaz sits in Kebun Teh, Johor Bahru, on the road toward the CIQ checkpoint and the planned RTS Link station at Bukit Chagar.

Distances are approximate, measured on a map.

KSL City Mall

Shopping2.2km

About 500 outlets, with a rooftop water park.

Columbia Asia Hospital Tebrau

Medical3.6km

A private hospital with round-the-clock emergency care.

Larkin Bus Terminal

Transit3.0km

Around 50 bus bays run intercity and cross-border coaches.

CIQ (Singapore checkpoint)

Transit4.1km

Clear customs here, then cross the Causeway into Singapore.

Bukit Chagar RTS Link station (not yet open)

Transit

When it opens, you can take the train to Singapore.

How The Asteriaz @ Kebun Teh Compares Nearby

How this project stacks up against nearby launches.

ProjectBuilt-up (sq ft)RoomsPrice fromPSF (from)TenureCompletionDeveloper
The Asteriaz @ Kebun TehBuilt-up (sq ft)560 - 915Rooms1+1 - 3Price fromRM 474,900Price psf (from)RM 848TenureLeaseholdCompletion2029DeveloperEXSIM Group
The Celestz @ Kebun TehBuilt-up (sq ft)581 - 915Rooms1+1 - 3Price fromRM 543,800Price psf (from)RM 936TenureLeaseholdCompletion—DeveloperEXSIM Group
Causewayz Square @ JBCCBuilt-up (sq ft)366 - 850RoomsStudio - 3Price fromRM 593,100Price psf (from)RM 1,620TenureFreeholdCompletion2030DeveloperEXSIM Group

Rental yield projection

The Asteriaz has not been built yet, but comparable projects around Kebun Teh rent for about RM2.52 to RM3.80 per sqft a month. Studios on the same street list from about RM2.90 to RM3.95 per sqft. Against this project's own unit sizes and price range, that points to a rough rental yield of about 3.5% to 5.6% a year before costs. This is an estimate from current listings, not a promise.

What the Loan Costs Each Month

Slide the price and down payment to see the true monthly cost and the income a bank wants to see.

RM 474,900
10% (RM 47,490)
3.80%
35 years
Loan only, per month
RM 1,842

Loan amount: RM 427,410. Estimate only, based on the developer's gross list price before any developer discounts, so your actual price may be lower. Your bank's offer decides the real number.

Monthly maintenance fee:about RM 286 / month
Loan + maintenance, per month:~RM 2,128 / month
Min. net income needed (70% DSR)~RM 2,631 / month
One-time, upfront
Est. legal fees (SPA + loan):~RM 11,873
Est. MOT stamp duty (tiered):~RM 8,498

DSR is the share of your pay banks let go to loans. Joint income counts.

Commercial title: banks usually lend a lower margin at commercial rates, so the real monthly figure will likely be higher. Confirm your loan terms before committing.

Frequently Asked Questions

Straight answers to the questions buyers ask most.

What is the starting price?

The entry unit, an approximately 560 sqft 1-bedroom-plus-study, starts at RM474,900. The approximately 915 sqft 3-bedroom starts at RM769,900. On the entry price, a 90% loan at 3.8% over 35 years works out to roughly RM1,842 a month, an estimate only.

Is it freehold or leasehold?

Leasehold. The site's land title is registered commercial rather than residential, though HDA, the law protecting buyers of homes still under construction, still covers the sale. Five of the ground-floor units are shops, not homes.

Who is the developer?

EXSIM Group. The tower holds 848 homes across 42 storeys, with 9 lifts serving the building.

When will it be completed?

Completion is expected around 2029, once construction finishes.

How much is the maintenance fee?

RM0.51 per square foot a month, and that rate already includes the sinking fund, a shared fund set aside for major repairs. For the approximately 560 sqft entry unit that works out to about RM286 a month, and about RM467 for the approximately 915 sqft 3-bedroom.

Does a unit come with a car park bay?

Yes. The entry-size unit gets 1 bay, and the 3-bedroom gets 2. The building holds 1,150 bays in total. That splits into 1,094 standard lots, 36 tandem lots (one car parked behind another) and 20 accessible bays.

What sizes and layouts does it have?

Two. The smaller plan is a 1-bedroom-plus-study with no balcony, and 689 homes, 81% of all units, are built to it. The larger 3-bedroom plan fills the other 159 homes, in two versions: one with a balcony and one without.

Where is it and what is nearby?

On Jalan Kebun Teh in Johor Bahru. Larkin Bus Terminal is approximately 3.0km away by road, and Mid Valley Southkey is approximately 6.9km. A shuttle bus to the planned RTS Link station at Bukit Chagar has not started running yet.

About the Developer

EXSIM Group

EXSIM Group, a Malaysian property company, mainly develops high-rise homes and industrial parks, and its managing director, Lim Aik Hoe, received the FIABCI Malaysia Property Award in the 'Property Man' category in 2017.

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