Wave @ Marina Cove, Johor Bahru


Wave @ Marina Cove (GPS: 1.49131, 103.79146) is a luxurious freehold serviced-apartment development by IOI Properties in the Marina Cove waterfront precinct of Johor Bahru. Featuring high-privacy layouts, its prime riverside location, extensive facilities, and smart connectivity make it highly appealing to urban families, cross-border professionals, and investors alike. 1

Developer & Project Overview

Developed by Adawan Development Sdn Bhd in collaboration with IOI Properties Group Berhad, Wave @ Marina Cove is part of a broader mixed-use township. Located along the Tebrau Coast, it comprises six towers with approximately 1,465 units on a master-planned waterfront area. 210

Completion, Structure & Tenure

This fully completed project (circa 2017–2018) is freehold. Towers stand tall at about 35 storeys, with a low-density, “detached layout” of only 8 units per floor for enhanced privacy. 110

Unit Sizes & Layout Options

Built-up sizes range from compact 526 sq ft (1+1) to expansive 1,344 sq ft (3+1). Popular layouts include:

110

Facilities & Lifestyle Amenities

Wave offers an impressive array of about 32 lifestyle facilities spread over a spacious Level-7 podium. These include:

Residents benefit from a detailed zone-based layout—Active, Leisure & Relax, Kid’s, and Quiet zones—for a balanced lifestyle. 10

Connectivity & Surroundings

Located along Tebrau Coast, Wave enjoys seamless access to major roads—the Eastern Dispersal Link, Tebrau Highway, and Tun Abdul Razak Highway—making CIQ, JB Sentral, and even Woodlands via Woodlands North MRT Station just minutes away. Riverside and city-center amenities abound—cultural, educational, retail and leisure are all within reach. 10

Market Pricing & Rentals (as of mid-2025)

Current listings and transaction data tell this story:

Rental listings (spring–mid 2025):

Rental yield is estimated at approximately 5.3% based on current listings and recent prices. 2

Appeal for Buyers & Tenants

Wave provides exceptional value for its premium waterfront location, high privacy design, and comprehensive amenities. It caters to discerning professionals, families, and cross-border commuters valuing lifestyle quality, return on investment, and convenience.

Fun Fact

Despite being part of a large waterfront township, Wave stands out for its rare low-density layout—just eight units per floor—creating an exclusive, private living experience uncommon in high-rise JB developments. 1

Quick Facts

References

  1. IOI Properties – Wave Serviced Apartment overview, unit mix and facilities [1]
  2. iRumah – Market price range, units, rental yield data [2]
  3. PropertyGuru – Starting price, proximity and project highlights [1]
  4. StarProperty – Project insights and developer info [10]
  5. PropertyGuru listing – 743 sq ft unit at RM576k (Jul 2025) [9]
  6. EdgeProp – Rental listing 793 sq ft at RM2,500 (Jun 2025) [3]
  7. EdgeProp – Rental listing 952 sq ft at RM2,700 (Jul 2025) [8]
  8. IM Investors – Project masterplan, developer, completion timeline [10]

Page Details

This page was created on 4 September 2025. Hi, my name is Timothy and created it from my research, for my own entertainment, knowledge and to satisfy my curiosity. I am providing the information to you in good faith and hope it is useful. I try to get the details as accurate as possible. I also try to update the page whenever I stumble on new details. So this and all my other pages are perpetual work in progress. If you discover any error, please politely inform me, pointing out where the error lies, and I will correct it as soon as possible. Your helpfulness will keep this page accurate, relevant and helpful to those who need the information.

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