About The Asteriaz @ Kebun Teh
The Asteriaz @ Kebun Teh is Exsim's first flagship development in Johor Bahru — a 42-storey serviced apartment with 848 units in the Kebun Teh corridor, just 10 minutes walk to the CIQ Causeway and near the upcoming RTS Link Bukit Chagar station. Unit sizes from 560 to 915 sqft with 1+1 to 3 bedroom configurations. Features a rooftop sky deck with panoramic views, co-working space, EV-ready carparks and a complimentary shuttle bus to CIQ. GreenRE certified. One of the most affordable entry points into the JB-Singapore corridor.
Project Specifications
| Developer | Exsim Kebun Teh Sdn Bhd |
| Location | JB City Centre, Johor Bahru |
| Price from | RM474,900 |
| Unit types | Serviced Apartment |
| Built-up | 560 - 915 sqft |
| Tenure | Leasehold |
| Completion | Q2 2029 |
| Maintenance fee | TBC |
| Total units | 848 |
| Bumi lot | — |
| Foreign purchaser | — |
Nearby Amenities
🚆 MRT / LRT
RTS Link Bukit Chagar (10 min walk)
JB Sentral KTM (10 min)
🛍️ Shopping
Mid Valley Southkey (10 min drive)
KSL City Mall (8 min)
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Prices for The Asteriaz @ Kebun Teh start from RM474,900. The entry-level Type A1 (484 sqft, 1 bedroom) is priced from RM446,400, while the larger Type C1 and C2 (915 sqft, 3 bedrooms) are priced from RM769,000. Based on a 90% loan at 4.2% interest over 35 years, monthly instalments start from approximately RM1,827/month for the smallest unit.
The Asteriaz @ Kebun Teh is priced at approximately RM840 to RM980 per square foot (psf), depending on unit type, floor level, and facing direction. Higher-floor units and pool-facing units typically command a premium psf. This is competitive compared to surrounding new launches in Bukit Jalil.
For The Asteriaz @ Kebun Teh, the minimum down payment is 10% of the purchase price (90% loan). For a Type A1 unit at RM446,400, the 10% down payment is RM44,640. First-time homebuyers may be eligible for government schemes such as PR1MA or Skim Rumah Pertamaku (SRP) with up to 100% financing.
The Asteriaz @ Kebun Teh is developed by Exsim Kebun Teh Sdn Bhd. Please contact us for more information about the developer's track record.
The Asteriaz @ Kebun Teh is located in JB City Centre, Johor Bahru, Malaysia. It sits within the KL Wellness City masterplan — a 66-acre integrated township near Awan Besar LRT station (approx. 1.5km) and Bukit Jalil LRT station (approx. 2km). The project is adjacent to the 300-acre Bukit Jalil National Park and within 5 minutes' drive of Pavilion Bukit Jalil mall.
The nearest public transport options to The Asteriaz @ Kebun Teh are: RTS Link Bukit Chagar (10 min walk), JB Sentral KTM (10 min). Residents can also access the MRT Putrajaya Line via connecting LRT feeder buses. A shuttle bus service is provided within the development to connect residents to the nearest LRT station.
The Asteriaz @ Kebun Teh is on Leasehold land. The leasehold title is for 99 years and the development is categorised as a commercial property (serviced apartment) with full residential use. Importantly, it is protected under the Housing Development Act (HDA), meaning buyers have the same legal rights as freehold residential purchases — including the right to a Sale and Purchase Agreement (SPA), a 10-year defect liability, and CKHT tax treatment as a residential property.
Foreign purchaser eligibility for The Asteriaz @ Kebun Teh depends on the unit type and current state government guidelines. Please contact us to verify eligibility for your specific situation.
Please contact us to check the current Bumiputera lot availability for The Asteriaz @ Kebun Teh.
The expected completion date for The Asteriaz @ Kebun Teh is Q2 2029. After the Certificate of Completion and Compliance (CCC) is issued, the developer will notify buyers for key collection. Buyers then have a 24-month Defect Liability Period (DLP) during which the developer must rectify any structural or workmanship defects at no cost to the buyer.
Based on comparable units in Bukit Jalil, serviced apartments typically achieve rental rates of RM2.50 to RM3.50 psf per month. For a 484 sqft Type A1 unit, estimated monthly rental is approximately RM1,200 to RM1,700, giving a gross rental yield of 3.2% to 4.6% per annum at the entry price of RM446,400. Net yield after maintenance fee (TBC) and property tax would be approximately 2.8% to 4.0%. Use our Rental Yield Calculator on this page to model your own scenarios.
Bukit Jalil has seen consistent capital appreciation driven by: (1) The ongoing KL Wellness City and Sports City developments bringing employment and visitor footfall; (2) Strong rental demand from students at nearby IMU, Asia Pacific University, and INTI International College; (3) Proximity to the Bukit Jalil National Sports Complex which attracts international events year-round; (4) Improving LRT connectivity. However, all property investments carry risk. Past price trends do not guarantee future returns. We recommend consulting a licensed real estate investment adviser before committing.
The maintenance fee for The Asteriaz @ Kebun Teh is TBC. This covers building insurance, common area maintenance, security, landscaping, and building management. For a 484 sqft unit, monthly maintenance is approximately RM213. Maintenance fees are typically paid quarterly in advance and managed by a Joint Management Body (JMB) elected by residents after key collection.
To register your interest or book a unit for The Asteriaz @ Kebun Teh, tap the 'Download eBrochure' button on this page to receive the full price list and floor plans via WhatsApp. Our team will guide you through the booking process, which typically involves: (1) Signing a Booking Form and paying a booking fee (usually 3% of purchase price); (2) Signing the Sale and Purchase Agreement (SPA) within 3 months; (3) Arranging a bank loan or internal financing. There is no agent fee — our service is completely free to buyers.
To purchase The Asteriaz @ Kebun Teh, you will typically need: (1) NRIC / Passport (for foreigners); (2) Last 3 months payslips; (3) Latest EPF statement; (4) Last 3 months bank statements; (5) Employment letter or business registration (for self-employed buyers). For joint purchases, both purchasers must provide the same documents. Our team can connect you with a panel lawyer and bank to streamline the process at no extra cost.