DistressedHandover pushed back 12 monthsHandover overdue

Puncak Tebrau

Phase 1 & FASA 2

Aqrs The Building Company Sdn. Bhd.

Johor Bahru, JohorMap (opens Google Maps in a new tab)

Promised handover: 19 Dec 2016; Originally 19 Dec 2015
Built so far: 97%
Buyers paid: RM 980,300; Median of 216 signed SPAs
For sale from: RM 508,680; 452 units left

Worth knowing

Handover
+12 months
Handover was pushed back 12 months, while only 3% of Johor projects launched in 2012 were.
Johor 2012 typical
+11 months
This project
+12 months
Sales
32% sold
32% sold since its 2012 launch, slower than most Johor projects launched that year.
Johor 2012 typical
100% sold
This project
32% sold

The checks

Schedule
Officially distressed
Buyers here carry real risk of late or no delivery.
Progress
Keeping pace
97% built, with 100% of the promised build time used.
Price
Discounts unknown
This project launched before 2021. Signed prices from then almost always match the asking price on record, so the discounts buyers got don't show.
Developer

Timeline

First buyers signed19 Dec 2012
Original handover date19 Dec 2015
Extension approved: +12 months
Handover was due19 Dec 2016
Today97% built

What buyers paid

Paid is the price in each buyer's signed SPA. Asking is the developer's listed price. Est. after discount is an estimate for units still for sale: the asking price less the discount buyers of that type typically got.

This project launched before 2021. Signed prices from then almost always match the asking price on record, so the discounts buyers got don't show.

Serviced apartment
Paid · median
RM 980,300216 sold
Asking
RM 508,680 – RM 2,104,800452 for sale
Paid · range
RM 495,820 – RM 2,111,800

Signed and asking prices by property type
Type	Paid · median	Paid · range	Asking · units for sale
Serviced apartment	RM 980,300216 sold	RM 495,820 – RM 2,111,800	RM 508,680 – RM 2,104,800452 for sale

270 of 668 units are Bumiputera lots

Every unit 668

Each unit's asking price and sale status, with what sold units signed at and an estimated price for units for sale.

See every unit with Agents

The Agents plan shows all 668 units: which are sold, what each buyer signed for, and the estimated price of the units still for sale.

See the Agents plan

Data as of 12 Sept 2026. Prices and availability can change; confirm with the developer before you commit.

Worth knowing

The checks

Officially distressed

Keeping pace

Discounts unknown

Timeline

What buyers paid

Every unit 668