R&F Princess Cove Phase 3 Breaks Ground Amid Growing Johor Bahru Property Demand

Johor Bahru, December 12, 2024 – The groundbreaking ceremony for Phase 3 of R&F Princess Cove was held today at the project site, marking the official commencement of full-scale construction. The event brought together over 100 guests, including top management from R&F Properties Malaysia and representatives from key construction partners: CSCEC Third Bureau, CCECC Malaysia, and Tianli Property Construction Malaysia.

Leaders of R&F Group Malaysia and construction partners at the ribbon-cutting ceremony, marking the official commencement of the Phase 3 project.

From left to right: Xie Zehao, Deputy General Manager of R&F Group Malaysia; Zhao Guoyi and Xiong Bo from Tianli Property Construction; Chang Yong, General Manager of R&F Group Malaysia; Li MingLiang, Chairman of R&F Group Malaysia; Zha ZeFeng, Deputy General Manager of R&F Group Malaysia; Gu ZhongCheng, General Manager of R&F Group Cambodia; Ma YiKui, General Manager of CSCEC Third Bureau Malaysia; and Ge Meng from CCECC Malaysia

Li MingLiang, Chairman of R&F Group Malaysia, takes the stage to deliver a speech at the Phase 3 groundbreaking ceremony

Li MingLiang, Chairman of R&F Group Malaysia, highlighted that this year marks the 30th anniversary of R&F Group and the 10th anniversary of R&F Princess Cove. He noted that the successful handover of Phase 2, Seine Region, and its strong market reception have laid a solid foundation of confidence for Phase 3. Building on this success, Phase 3 aims to deliver upgraded offerings and further enhance its recognition and influence in both the Singaporean and Malaysian markets.

Phase 2 Success Builds Confidence; Phase 3 Demand Heats Up

Since its handover in late April, Phase 2 of R&F Princess Cove, Seine Region, has garnered strong market response, achieving an impressive average occupancy rate of nearly 45% by December. This success underscores the project’s exceptional quality and market appeal.

Meanwhile, the Johor–Singapore RTS Link, now 93% complete, is rapidly driving up property values across Johor Bahru. Positioned at the nexus of the RTS Link and the Johor-Singapore Causeway, Phase 3 of R&F Princess Cove has drawn significant attention from investors and homebuyers With its prime location, it continues to be a centerpiece of Johor Bahru’s vibrant property market.

R&F Princess Cove Phase 3 is strategically located in the heart of Johor Bahru’s CBD, adjacent to the RTS Link station and Johor-Singapore Causeway, offering unparalleled connectivity.

Elevated Living: World-Class Amenities in Phase 3

R&F Princess Cove Phase 3 introduces 4,385 residential units, with sizes ranging from 313 to 1,555 sq.ft, thoughtfully designed to suit diverse family needs. Phase 3 project boasts a wide array of premium amenities, including a 50-meter Olympic-standard swimming pool, children’s play areas, jogging tracks, tennis and basketball courts, and a fully equipped gym, ensuring an enhanced quality of life for residents.

Additionally, a dedicated link bridge will connect the Phase 3 residences directly to R&F Mall, offering unparalleled convenience and further elevating the living experience.

Award-Winning Excellence

In 2024, R&F Princess Cove garnered industry-wide recognition, winning “Best Luxury High-Rise Development (Southern)” and “Best Luxury Condo Development(Malaysia)” at the prestigious PropertyGuru 2024 Awards. These accolades reaffirm the project’s reputation for providing outstanding luxury living and exceptional amenities.

Honored with two prestigious PropertyGuru awards, R&F Princess Cove cementing its leadership in luxury living and exceptional market presence.

As an iconic waterfront community in Johor Bahru, R&F Princess Cove continues to enhance its residential value and investment appeal with its high-end design, comprehensive amenities, and exceptional services. Phase 3 not only marks a new chapter for the project but also reinforces Johor Bahru’s status as a vibrant, international, and livable city.

For more information or to register R&F Princess Cove Phase 3 for priority unit selection, visit https://bit.ly