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SPECIAL ISSUE FRIDAY 22 JULY 2016 Johor Bahru City Square
22 - 24 July 2016 10am - 10pm
STEADY AS
JOHOR GOES Forward is the direction of the state’s property market, regardless of ebbs and flows. > P04-05
CONDUCIVE LIVING COMMUNITIES A LIFESTYLE OF BUSINESS WITH IN JOHOR INSIDE UP-AND-COMING AUSTIN DUTA, NASA CITY AND PLEASURE THIS ISSUE
SEBANA COVE TOWNSHIPS BEING NURTURED BY IJM LAND ARE IDEAL FOR HOMEBUYERS SEEKING CONDUCIVE LIVING ENVIRONMENTS. > P02
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SUNWAY ISKANDAR, MEDINI’S BLOSSOMING RESIDENTIAL PARCEL
MAH SING’S ISKANDAR MALAYSIA SOARING DEVELOPER BRINGS PROJECTS TAP INTO THE POTENTIAL OF TRANQUILITY TO THE POLISHED MEDINI INTERNATIONAL CORPORATE LIFE. > P08 ISKANDAR NEIGHBOURHOOD. > P12
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developments
02 township By MAK KUM SHI
makks@thestar.com.my
THE PRESENT MATTERS
STARPROPERTY.MY FRIDAY 22 JULY 2016 Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
CONDUCIVE LIVING COMMUNITIES IN JOHOR
Up-and-coming Austin Duta, Nasa City and Sebana Cove townships being nurtured by IJM Land are ideal for homebuyers seeking conducive living environments.
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OOKING for a home within communities with conducive living environments? Consider IJM Land’s townships in Johor such as Austin Duta, Nasa City and Sebana Cove. As a recipient of multiple awards, IJM Land has built a track record over several decades as a developer that builds legacies that matter to the environment, communities and societies. Having achieved excellence in the StarProperty.my Awards 2016 for building the most iconic and best familycentric developments, IJM Land extends its expertise in property development to its Johor townships at Austin Duta, Nasa City and Sebana Cove. Strategically located at the thriving Tebrau-Austin corridor, Austin Duta is already attracting plenty of attention from homebuyers and investors seeking landed properties in Johor Baru. Featuring a concept where diverse expectations of modern-day living are brought together under one common address, this 250-acre freehold mixed development is set to thrive with its wide range of amenities, accessibility to matured commercial centres and affordable homes within lush environments. With big built-up designs for comfort and luxury living, and excellent accessibility with highways to a wide range of amenities, this development is ideal for the young working class, modern families, upgraders from old neighbourhoods and Malaysians working in Singapore.
Stylish outdoors lifestyle
The self-contained mixed development 1,200 acres Sebana Cove Resort Township at the centre of the booming Pengerang region will enable its residents to enjoy waterfront lifestyle, golfing on spectacular rolling fairways and adventures in nature, all in one destination. From a private marina with a customs, immigration and quarantine complex (CIQ), 18-hole golf course with club house, and vast pristine mangrove forest reserve next to Sebana Cove, residents can enjoy a luxurious lifestyle in the nature with style.
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The resort township provides ease of connectivity to Singapore within 30 minutes via the Tanjung BelungkorChangi Point ferry terminal. This complements other excellent accessibility infrastructure such as the SenaiDesaru Highway. This development is within an up-and-coming hotspot for discerning investors in Pengerang region for oil & gas industry development (PIPC), which will boost the regional population, employment and demand for housing and commercial activities.
Superior contemporary living
As for the 294-acre freehold Nasa City that features exclusive apartments, retail, commercial and corporate office elements and the finest dining experiences, this premier integrated development is strategically located just 15km to the Johor Baru city centre. This township is surrounded by a matur residential catchment of Kempas, Setia Tropika and Bandar Dato’ Onn. In addition to being connected to the North South Expressway, it is merely a stone's throw away from the Sultan Iskandar Customs, Immigration and Quarantine (CIQ) Complex and the Johor Baru City Centre. Centra Residences features a fine collection of serviced apartments within Johor Baru’s prominent integrated Nasa City. A low-density enclave comprising 428 units spanning two majestic 25-storey towers, Centra Residences offers a private and secure environment, surrounded by nature’s lush greenery. From superior accessibility via major expressways that include the North South Expressway and Eastern Dispersal Link expressway to the wide range of amenities within an integrated city is the ideal address for contemporary living. Are you ready to consider making your home at these attractive townships? Visit http://sebanacoveresort.com, http://nasacity.ijmland.com/ and http://austinduta.ijmland. com/ for more information.
1 Austin Duta realises modernday living expectations for the residents. 2 Contemporary living with relaxing resort facilities at Centra Residences@Nasa City. 3 The Fairway golf villa’s pavilion.
“Strategically located at the thriving TebrauAustin corridor, Austin Duta is already attracting plenty of attention from homebuyers and investors seeking landed properties in Johor Baru.
Development project name:
Austin Duta
Location: Tebrau-Austin Corridor (Mount Austin) Property type: Double-Storey Terrace House (Phase 1) Tenure: Freehold Land area: 24’ x 70’ Built-up area: 2,150 sq ft Number of bedrooms: 4+1 Number of bathrooms: 4 bathrooms Price range: RM715,000 – RM 801,000 Price per sq. ft.: RM333 – RM373 per sq ft Estimated date of completion: December 2017 (Phase 1) Sales Office Address: No. 22, 22-01, 22-02, Jalan Austin Heights 8/7, Taman Mount Austin, 81100 Johor Bahru, Johor. Website: http://austinduta. ijmland.com Facebook: IJM Land Berhad Email: limsc@ijm.com Contact No: 07-3645205 Development project name:
Centra Residences@Nasa City (JV of IJM Land Bhd & JKG Land (JB) S/B) Location: Mukim Tebrau, Johor Baru Website: http://nasacity.ijmland.com Tenure: Freehold 2
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Property type: Serviced Apartments Land title: Freehold Total units: 428 units Land area: 2.3 acres Built-up area: 786-2,002 sq ft Total designs: 4 Number of bedrooms: 2 to 3+2 Number of bathrooms: 1 to 4 Price per sq. ft.: - Averaging RM650 per sq ft (Tower A) - Averaging RM683 per sq ft (Tower B) Estimated date of completion: December 2017 Email: sales.nasacity@ijm.com Contact No: 07-3578899 Development project name:
The Fairway Golf Villa@Sebana Cove
Location: Sebana Cove Resort, Pengerang, Johor Property type: 2-storey villa Land title: Residential Total units: 50 Land area: 5,902 - 13,754 sq ft Built-up area: 3,159 – 4,443 sq ft Number of bedrooms: 3 to 4+1 Number of bathrooms: 4 to 5 Estimated date of completion: December 2016 Website: www.sebanacoveresort. com Facebook: Sebana Cove Resort Contact No: 07-7102118
cover story
04corporate
STARPROPERTY.MY FRIDAY 22 JULY 2016
05
makks@thestar.com.my By MAK KUM SHI
Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
STEADY AS JOHOR GOES Forward is the direction of the state’s property market, regardless of ebbs and flows.
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EDIA reports have indicated challenges in the Johor property market, but the convergence of factors such as the development of excellent accessibility infrastructure and world-class iconic waterfront projects will drive Johor’s economy in the future. Iskandar Waterfront Holdings group executive vice chairman Tan Sri Datuk Lim Kang Hoo shared the property market is cyclical with its ebbs and flows. Such events provide opportunities for various parties to benefit. When the market is on the upside, it provides opportunities for more development. In contrast, when the market is on a downturn, it provides opportunities for those who seek good bargains. “I don’t think there is any glut in Johor, as exaggerated by some of the media. As you can see, there are no abandoned developments in Johor. All the abandoned ones have been taken over for redevelopment and refurbishment,” Lim commented. After the 1997 Asian financial crisis, developers have learned when to launch and when to hold back. When they enter the Johor property market, they would have obtained an early bird price, so they can
wait for the right time in the property market cycle to develop their projects’ next phases. “Thanks to the good effort of our Royalty, the federal and the state government of Johor, this is a very good sign of responsible development. All these wouldn’t happen without the ups and downs of the market,” Lim added. “When there is an upturn, redevelopment can happen since there is demand for property products. When there’s a downturn, it gives opportunities for developers to absorb these abandoned projects at a bargain,” Lim said.
Foreign investments create local jobs
There is scepticism that the flow of Chinese investment into Johor would benefit the local community. However, from a long-term and international perspective, foreigners have seen and believed in successful waterfront developments. This is a major
reason that has attracted the Chinese to invest in Johor’s waterfront development, apart from the fact that it strategically faces Singapore. “We can’t merely depend on the local market for our development, especially waterfront development, because it is not very common in Malaysia. With them coming in, they will also bring in the skills, funds and experience from abroad, benefiting local development,” Lim said. Locals will benefit as they will learn new skills and gain experiences as these developments would create and increase job opportunities for the locals. The government has granted tax incentives to investors who are investing in Iskandar Malaysia, including real property gains tax (RPGT) and income tax waivers. The joint effort between Iskandar Waterfront Holdings and the Government will bring Johor to a whole new level, and result in Johor Baru becoming a vibrant, modern and advanced city. Similar to the Hong Kong-Shenzhen model, where two financial centres are one hour away from each other by car transportation, the same scenario could happen to Johor Baru and Singapore, when the development is well planned with the government.
“We can’t merely depend on the local market for our development, especially waterfront development, because it is not very common in Malaysia.
“Our master plan is to build an urban waterfront city in Johor Baru. Our aim is to attract foreign direct investment (FDI) to invest and be based in Johor Baru instead of Singapore. With prices many times cheaper than Singapore and with abundant land, Johor Bahru definitely has the potential to achieve that,” said Lim. “We should not be worried about foreigners pouring money into our country and Iskandar Malaysia. We should welcome anybody that is willing to come and invest here. They are here to do business and develop the economic corridor with us, so that we attract FDI and stop the brain drain which will eventually benefit our local Johorians,” Lim added.
Building for future generations
When compared to other countries in the South East Asian region, Malaysia is considered one of the best places to settle in, as it is stable politically, has plentiful natural resources, multilingual education and has a strategic geographical location. These characteristics make Malaysia attractive to expatriates and foreign investors, who would want to be here for their children’s education, job opportunities, retirement and lifestyle among others. With Johor Baru located next to Singapore, the state would attract residents that work in Singapore and live in the city. Such working arrangements would enable residents to maximise their savings as they would reduce their expenses by many times, on the basis that their income would be denominated in Singapore dollars and their expenses would be in ringgit Malaysia. Expatriates would also choose to reside in Johor Baru as they would benefit by living in a spacious and less
congested living environment. With the flow of foreign investments into Johor Baru, there will also benefit the professionals, technicians and students going into the city to work, live and play, thus stopping the brain drain in Malaysia. These developments will transform Johor Baru into an urban waterfront city facing Singapore and eventually improve the quality of life for the local community. “That spillover will sustain the economy of Johor and Iskandar Malaysia,” Lim concluded.
“We should welcome anybody that is willing to come and invest here. They are here to do business and develop the economic corridor with us, so that they can cultivate their profits when their projects are completed. – Iskandar Waterfront Holdings group executive vice chairman Tan Sri Datuk Lim Kang Hoo
developments
06 mixed By MAK KUM SHI
makks@thestar.com.my
THE PRESENT MATTERS
STARPROPERTY.MY FRIDAY 22 JULY 2016 Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
JOHOR BARU’S POTENTIAL UNLEASHED
Iskandar Waterfront Holding’s collaboration with prominent developers is set to contribute to Iskandar Malaysia’s transformation into a vibrant economic region. Developer Name:
Iskandar Waterfront Holdings Sdn Bhd
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S the master developer of Flagship ‘A’ Zone of Iskandar Malaysia, Iskandar Waterfront Holdings has taken great strides in its efforts to transform the southern region of Johor Baru into a vibrant waterfront destination, and a strong and sustainable metropolis of international standing. This massive development will unfold in phases over a 25-year period, setting the precedent for the single largest integrated waterfront city development project in the country. The acquisition of development land by several prominent global property developers is a clear indication of the confidence they have for the development potential of the southern region of Johor Baru. Iskandar Waterfront Sdn Bhd, CapitaLand Malaysia Pte Ltd and Temasek had jointly acquired parcels of land in Danga Bay for development. The joint venture acquired 71.4 acres or 3.1 million sq ft of freehold net land for RM811mil for development. The 71.4-acre site comprises two adjoining land parcels and is strategically located next to the Johor Baru – Danga Bay – Nusajaya Highway. It is easily accessible from the Causeway and the Second Link near Gelang Patah. The project is planned to be a RM8.1bil mixed integrated development, consisting of a premier waterfront residential community with high-rise and landed homes, as well as a central waterfront hub with a marina, shopping mall, food and beverage outlets, serviced residences, offices and recreational facilities.
Hao Yuan Investment Pte Ltd, an established developer in Singapore, had acquired six parcels of waterfront land totalling 36.8 acres in Danga Bay for RM1.6bil, to develop an integrated mixed development with a gross development value of RM8bil. The developer plans to introduce several high-end residential, commercial and retail properties in Danga Bay, including the tallest iconic tower in peninsular Malaysia and a landmark tower in Iskandar Malaysia. Country Garden Holdings Co Ltd had acquired 55 acres of prime waterfront land in Danga Bay for an integrated development project with a gross development value of RM18bil. It is one of China’s leading integrated property developers, with businesses comprising construction, installation, fitting, property development, property management, and hotel development and management. The Shanghai state governmentowned Greenland Group had purchased 13.96 acres in Danga Bay for RM600mil. The site, located close to the Johor Baru city centre, has been earmarked for a mixed integrated joint venture development with IWH. This project has a gross development value of RM2.2bil. The developer will also be building the Tebrau Bay Waterfront City. It has invested RM2.4bil to acquire 128 acres of land to develop the project, which will showcase a snow world theme park, opera house, hospital specialising in Chinese traditional medicine and a school. “With a presence of over 14 years in Singapore, we aim to create an inspiring
lifestyle and landscape that will propel Danga Bay into a 21st century global city,” said Hao Yuan president Du Zhen Zhen. Greenland Group executive vicechairman Xu Jing added, “We’ve undertaken urban development in over 80 cities throughout China. We’re keen to share the experience with IWH as our long-term joint venture partner and help transform Iskandar Malaysia into an international destination.” “We are very confident and upbeat about the business outlook in Iskandar Malaysia and are very happy to be one of the first from China to invest in a big way in the southern growth corridor,” said Country Garden president and executive director Mo Bin. Greenland Group chairman Zhang Yuliang said, “We are very happy to forge a partnership with IWH and share ideas on the development of land in Iskandar Malaysia. We believe this investment, by virtue of its strategic location and proximity to Singapore, will offer good returns on our investment.” Zhang added, “We also believe through this joint venture with IWH, both Malaysia and China can reap the benefits of economic cooperation for the mutual benefit of our people.”
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1 Botanika luxury apartments. 2 Botanika waterfront villas.
Address: G08, Blok 8, Danga Bay, Jalan Skudai, 80200 Johor Bahru Website: www.iskandarwaterfront.com Facebook: https://www.facebook.com/ iskandarwaterfrontholdings/fref=ts Email: michelle@iskandarwaterfront.com Contact No: 03-40215948 Fax No: 03-40214935 Corporate Background: Iskandar Waterfront Holdings is the master developer of the Flagship A zone of Iskandar Malaysia, which aims to transform the southern region of Johor into a vibrant waterfront destination. It is also the master developer for Bandar Malaysia, partnering CREC from China and Malaysia’s Ministry of Finance Incorporated. The group is one of the first public-private partnership (PPP) companies in Malaysia, which plays an important role as a pioneering example of how a private entity works cooperatively with the local government. Development project name:
Iskandar Waterfront City
RM
811
mil
Iskandar Waterfront Sdn Bhd, CapitaLand Malaysia Pte Ltd and Temasek had jointly acquired parcels of land in Danga Bay for development. The joint venture acquired 71.4 acres or 3.1 million sq ft of freehold net land for RM811mil for development.
Development concept: Urban Waterfront City Development Location: Johor Baru, Johor Property type: Mixed Development Land title: Commercial and Residential Tenure: Freehold Development size: 4,300 acres Development project’s unique selling points: Developers are entitled to tax incentives. It is Malaysia’s biggest waterfront lifestyle development, which is strategically located around and between Johor and Singapore Causeway. Development project’s target market: Local residents in Johor, locals and foreigners who are working in Singapore and global investors Educational Institutions: Educity educational institutions, Foon Yew High School, Open University Malaysia Government Institutions: Kota Iskandar, JPPH, Iskandar Regional Development Authority, Jabatan Diraja Johor Retail, entertainment, and leisure: Legoland, Johor Premium Outlet, Angry Bird Park, Johor Bahru City Square, Johor Baru Komtar Accessibility Infrastructure: Eastern Dispersal Link, Coastal Highway, Pasir Gudang Highway, North South Expressway, Senai-Desaru Highway Architectural concept: Modern and thematic Sustainability features: GBI Silver and above
developments
08 township By LEE YAN LI
lylee@thestar.com.my
THE PRESENT MATTERS
STARPROPERTY.MY FRIDAY 22 JULY 2016 Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
A LIFESTYLE OF BUSINESS WITH PLEASURE Mah Sing’s Iskandar Malaysia projects tap into the potential of international corporate life.
The Meridin @ Medini
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PANNING over 2,000 sq km at three times the size of its neighbour, Singapore, Iskandar Malaysia is touted to be the “Shenzhen” of Malaysia and has attracted interest from the international investment community. Iskandar’s strategic proximity to Singapore, easy accessibility and strong government support are all factors that help paved the way for a new metropolis in the southern tip of peninsula Malaysia. A healthy combination of education, healthcare, creative industry and tourism has pushed Medini into the map of investment and development in Iskandar Malaysia. The Meridin @ Medini is surrounded by exciting destinations and facilities. Within the five-minute radius, occupants and residents can drive to visit Legoland Malaysia, Puteri harbour, Mall of Medini, EduCity Pinewood Studios and Puteri Harbour Family Indoor Theme Park. Johor Premium outlet is also a mere 25-minute drive away. The Meridin @ Medini, developed by Mah Sing Group, supports the vision of “Live, Work, Relax, Rejuvenate”, turning it into a reality in the choice location of Iskandar Malaysia. The 8.19-acre freehold mixed development holds a commercial title. It is located in the heart of Medini, Flagship B of Iskandar Puteri, and comprises three-block residential apartments and retail shops, Meridin Sovos, Ramada Encore and Ramada Meridin. Phase 1 covers 3.71 acres of land with residential apartments and retails shops. It is expected to be completed in 2017 and has achieved 90% sales. The Phase 2 development of Meridin Medini includes 188 retails shops, 583 Sovo units
and 644 hotel units. The involved components will be standing on 4.48 acres of land with a complete date set in 2018. With built-ups from 447 to 1,053 sq ft, Medini Sovo’s 34-Floor versatile offices provide flexible workspace. The facilities include yoga deck, meditation deck, reflexology, swimming pool, wading pool, aqua gym, barbecue area, café, central oasis garden, lawn, tennis court, mini amphitheatre, playground, lap pool, pavilion and outdoor gym. The fully furnished suites of Ramada Meridin managed by a premier hotelier offer a selection of junior suite at 318 sq ft, classic suite at 646 sq ft and premium suite at 885 sq ft. Planned as a world-class township with park connectors, commercial, residential precincts and various catalytic industries, Medini is the only place in 2 Malaysia where foreigners can own 1 Austin V Square’s homes below RM1mil without being corporate suites subjected to real property gains tax provide spacious workspace for the (RPGT). occupants (site With no limit purchase from foreign photo). buyers no the restriction of a minimum 2 The show unit of price of RM1mil, Ramada Meridin the fully furnished presents the best living option for Ramada Meridin. foreigners. Moreover, foreign buyers 3 Artist's impression: are allowed to acquire 100% ownership The imposing Block A of The Meridin without the obligation of real property stands at the prime gains tax. location of Medini. For investment in the hotel suites in Medini, please call 6075099088.
Invest in hotel suites in Medini Please call:
607-509 9088
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A serene corporate life at Austin V Square
Located at Austin Perdana @ Mount Austin, Mah Sing’s Austin V Square is a signature business park nestled among tranquil townships. It is another strategic development at Iskandar Malaysia built with an intent to balance business with pleasure. The freehold five-storey corporate office offers 165 units of corporate suites and retails shops in strata level. Standing at a lot size of 26’ x 70’ sq ft, the spacious suites have a built-up area of 1,400 sq ft to 3,238 sq ft. The completion date is set at the end of this year. The standard unit of corporate suites are priced from RM500,000 and selling at RM280 - RM346 per sq ft. The retail shops are selling at RM815 - RM923 per sq ft, setting the standard unit price from RM1.14 mil onwards. The corporate offices are designed with a wide frontage and spacious builtup of 7,881 sq ft, a façade design to elevate the mood of those hustling in or out. Workers can take a break at the lush inviting designs of the broad plaza landscape and soothing water features. Ample parking are provided with designated car park for owners, as well as a convention center for exhibition
activities and comprehensive security features with CCTV monitoring system and security guard patrols. Within the one-km radius, educational institutions, medical facilities, entertainment and retail amenities are all within easy reach of Austin V Square, which is served by a network of major highways. The development which enjoys the excellence of a prime location is surrounded by major highways, including Jalan Tebrau, Pasir Gudang Highway, Senai-Desaru Highway and EDL and Coastal Highway. Occupants can easily assess to shopping malls such as Aeon Tebrau City, Aeon Big, Tesco and the upcoming IKEA on 2017, as well as education centres such as Sunway College and other private and international schools. Sultan Ismail General Hospital, Austin Heights Golf & Hotel Resort, Austin Heights Water Theme Park and CIQ to Singapore are also within the vicinity. With close proximity to Senai Airport and the Second Link, which are merely a 35 km and 40 km distance away respectively, Austin V Square holds a strong advantage with near effortless connectivity to international destination. Setting its eyes on creating a life of business and pleasure, Mah Sing’s offerings strive to reach the zenith of modern corporate haven.
developments
10 township By LEE YAN LI
lylee@thestar.com.my
THE PRESENT MATTERS
STARPROPERTY.MY FRIDAY 22 JULY 2016 Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
JOURNEY TO THE EAST
Mah Sing’s Meridin East offers one of the largest townships in Iskandar Malaysia.
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PRAWLED across 1,313 acres, Mah Sing group’s Meridin East is a mixed development township nestled in the Eastern Zone of Iskandar Malaysia, a region which has seen an impressive rate of large-scale development since its initiation as one of the five economic corridors under the Ninth Malaysia Plan in 2006. Meridin East is Mah Sing’s fifth township in Johor. With a total Gross Development Value of RM8bil at the end of the 25-year estimated development period, it is also Mah Sing’s biggest ever township development in Johor. The freehold township will comprise more than 10,000 units of doublestorey link homes, cluster homes, semi-detached homes, bungalows, condominiums, apartments, shop offices and light industrial properties. The first few phases launched are focused on double-storey link houses. Planned and executed with the combined features of design and functionality, Meridin East, developed by Mah Sing Group, epitomises the ideals of an ultra-modern luxury lifestyle. Meridin East is strategically located in Pasir Gudang, fronting Jalan Kong Kong and Jalan Kota Masai. It is just 28 km away from Johor Baru city centre and Johor Bahru Customs, Immigration, and Quarantine Complex (CIQ) with easy access to the Senai-Desaru Highway. The potential of local economic development is further elevated by great accesibility 1 through Pasir Gudang Highway and 1 Meridin East Johor. other major avenues. Banking on its strategic location 2 Artist's impression of beside Singapore, a competitive global bicycle path at Meridin East. transportation hub, the proposed JohorSingapore Rapid Transit System (RTS), expected to be up and running by 2022, and the proposed third bridge from Desaru to Changi will greatly improve connectivity to Singapore in coming years, creating a thriving community that attracts foreign and local interest alike. A home for every budget, Meridin East will be able to nurture a smart and sophisticated lifestyle designed to each residents’ needs. Greenway, the first phase of Meridin East’s first precinct CasaEden, has More than opened its door to the public last year and achieved a taking up rate of 80%. The 20’ x 75’ homes currently opened units for registration include double storey link homes, link semi-detached, semiMore than 10,000 detached and shop offices. units of doublestorey link homes, The currently launched units of cluster homes, Meridin East have introduced 492 units semi-detached of 18’ x 65’ double-storey link homes homes, bungalows, with four rooms and three bathrooms at condominiums, a built-up area of 1,595 sq ft. Each unit is apartments, selling from RM356,100 and is slated for shop offices and completion in 2018. light industrial Eden offers 116 units of homes with properties.
10,000
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a larger built-up area. At 2,033 sq ft, the 20’ x 75’ double-storey link homes are priced from RM453,900 onwards. The 22’ x 82’ shops and the homes are now open for registration. Other types of housing units include link semi-detached, semi-detached and shop offices with estimated built-up areas of 1,800 sq ft, 2,200 sq ft and 3,000 sq ft respectively. To create “a place to call home” for the residents, Meridin East’s design is focused on individual sense of belonging coupled with the idea of a natural and green township.
neighbourhood recreational facilities. The gated security features and services in the residential precincts further guarantee peace of mind. Coupled with established and mature townships nearby, Meridin East provides an abundance of amenities and facilities, including clubhouse, central park international schools, secondary and primary schools, petrol stations, police stations and bomba stations. Bukit Layang-Layang Pasir Gudang, KPJ, Pasir Gudang Specialist Hospital, Regency Specialist Hospital, Hospital Penawar and other important surrounding landmarks have made Meridin East an attractive place to settle Families and communities can down with the family. live and thrive at the green landscape Residents can take a incorporated with unique break from the hectic city aesthetical designs to create lifestyle and go back to a sustainable and peaceful the serene yet wellliving environment. HOW MANY PHASES equipped township Blessed with a rich WERE LAUNCHED? of Meridin East, tapestry of lakes, river which provides both For more info, visit http:// banks and green lands, www.meridin-east.com. convenience and Meridin East offers my or contact Mah Sing privacy coupled with the beauty of nature at 07-3869888 or meridin. the comprehensive as the bedrock of a east@mahsing.com.my. amenities, tight-knit community. infrastructure and The green landscape security services. serves as a perfect place for
developments
12 township By VIKNESH ASHLEY
vikneshashley@thestar.com.my
THE PRESENT MATTERS
STARPROPERTY.MY FRIDAY 22 JULY 2016 Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
SUNWAY ISKANDAR, MEDINI’S BLOSSOMING RESIDENTIAL PARCEL Soaring developer brings tranquility to the polished Medini Iskandar neighbourhood.
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PANNING across 2,230 acres is Medini Iskandar, a flagship development fashioned as a fresh vibrant township within Iskandar Malaysia. This terrestrial expanse is rapidly growing, as several developers as well as familiar brands place their mark here. Medini is split into four distinctive sectors excluding residential parcels. These include the creative, tourism and leisure, healthcare and wellness and creative industries. Some of the popular attractions that are globally renowned here include Medini’s key tourist attraction, largely popular amongst children, Legoland Malaysia. The RM350mil attraction features well-known characters for TV shows such as Barney, Thomas & Friends, Bob The Builder and Pingu. When it comes to education, this locale is also blessed with a string of popular institutions, including Newcastle University Medical Malaysia, University of Southampton Malaysia, Marlborough College Malaysia, Netherlands Maritime Institute of Technology, Raffles University as well as Raffles American School, just to name a few. Medini also offers world-class healthcare offerings to those that frequent the vicinity. The healthcare cluster within this key growth area is anchored by Gleneagles Medini Hospital while the wellness industry here is managed by the Medini Integrated Wellness Capital, developed by Eastern & Oriental Bhd. Adding to that a Healthpark located approximately 10 minutes journey by car from Gleneagles Medini Hospital has been designed to supplement larger hospitals in Iskandar Malaysia. Here one will find an 80-bed Columbia Asia Hospital that is intended to cater to patients suffering minor injuries as well as short inpatient stays. Sunway Iskandar is dubbed “Nature's
2 1 Emerald Boulevard. 2 Emerald Residence Garden Villa.
“Sunway Iskandar is dubbed “Nature's Capital City”. This township will offer its residents properties that lay between lakes, riverside as well as some that even front the sea.
Capital City”. This township will offer its residents properties that lay between lakes, riverside as well as some that even front the sea. Sunway Iskandar is planned into six exclusive parcels. The Lakeview, which is the first parcel to launch, will introduce nature-inspired city living by the lake that is also close to the sea. The next precinct is dubbed The Seafront. True to its name, it boasts a 2km beachfront with views of Singapore and the second-link. The Riverside is a beautiful sight to behold as residents will enjoy the luxury of coming home to find the majestic 7km Pendas River at one’s doorstep while The Parkview is for those that enjoy the charm of botanical living where one can bask under the bright rays of the sun, surrounded by the vivid shades of a garden home. The next parcel within the Medini township is called The Marketplace, bringing together the best of food, arts and culture, accompanied by beautifully landscaped gardens for its patrons to relax and unwind. The Capital is the heart of the township, a vibrant city balanced out via its surrounding parcels for residents to escape into nature. Sunway Iskandar has introduced two luxurious residential gems targeted at different groups of property purchasers. As mentioned earlier, both properties will be set within The Lakeview parcel
of the township, crowned Emerald Residence and Citrine Residences respectively. Citrine Residences was the first to launch in the fourth quarter of 2014. This development is Sunway Iskandar’s first integrated development combining three components, a retail establishment to be managed by Sunway, designer offices as well as a serviced apartments. This 328 unit lease property is the first to enjoy ultra-high speed Internet within the Medini vicinity and will be presented to buyers in either fully or partially furnished units. Various layouts are offered catering to individual buyers' needs in configurations ranging between 629sq ft and 1,528sq ft. Citrine Residences is currently sold at RM581,000 and is targeted for completion in the second quarter of 2017. Those that prefer living within a landed property can opt for Emerald Residence launched in the fourth quarter of 2015. This parcel is dubbed “Landed Home by the Lake” and offers a 129-year lease tenure. The 22-acre leading landed residential parcel will provide buyers various property options-two-storey link homes, two-storey super link homes and three-storey semi-detached homes available in configurations that range between 1,919sq ft and 4,290sq ft and is targeted for completion in the fourth
quarter of 2018. This hilltop community will be capsuled by a gated and guarded service, is walking distance to retail shops and enjoy impressive views of a majestic lake. Sunway Iskandar is currently offering an exclusive sales promotional package to the buyers of Emerald Residence. This package includes free one year maintenance fee, private clubhouse facility access, RPGT tax incentives as well as free SPA and loan legal fee (appointed panel lawyer). Sunway Iskandar enjoys a very special feature due to its placement within Medini. The locale can be purchased by foreign buyers freely, as it features a no foreign capping policy where foreigners can buy properties within Medini or more specifically Sunway Iskandar at any price cap. Getting to the township is a breeze, as it enjoys excellent connectivity of approximately 5km to Singapore Second Link via the Coastal Highway Southern Link (CHSL) by 2017. The development is also just 20km to Johor Baru town centre via the Coastal Highway, 4.5km to Kota Iskandar which is the government Administation Centre, 5km to Medini Mall, Legoland Malaysia and the ferry terminal and Puteri Harbour. The township is also a mere 7km to Educity in Nusajaya.
events
14 fairs
STARPROPERTY.MY FRIDAY 22 JULY 2016
SHEDDING LIGHT ON THE MALAYSIAN PROPERTY OUTLOOK
By VIKNESH ASHLEY
vikneshashley@thestar.com.my
D
ESPITE the weak market sentiment within the property sector in Malaysia, many first-time homebuyers are still looking for a suitable property offering. However, a surefire way to ensure how one would tailor-make a property purchase is by studying the nation’s current property outlook. This move is to gauge the nature of one’s property investment as well as when exactly to buy into the property industry. Speaker Rachel Lim will be sharing on the topic “Property Outlook 2016: Boom or Bust?”. This speaker is a self-made millionaire paving her way to success via property investment. Lim has had 16 years of experience in the property investment industry and believes that the first million is the hardest to make. The next million to be made is merely a repetitive process. Currently, this speaker helps empowers investors to kick-start their first step to achieve their first million in three or less years. Lim explained, “There are many changes that are taking place within the Malaysian property industry and it is important for future property buyers to grasp the essence of what is to come “The strategy for 2016 would include purchasing properties that are below market value, available in both primary and secondary property markets. Aside from that, properties purchased should provide constant cash flow as well as substantial capital gains.”
Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
National economy downturn could just spell the upper hand for genuine property buyers. Those wanting to focus more on this topic should visit the StarProperty.my Fair 2016 that will be held together with premium partners Ekovest and IJM Land, in Johor Baru from July 22 to 24 (Friday to Sunday), catering to local as well as overseas property purchasers. This is the website’s third time holding the property event in the southernmost Malaysian state. Some of the key developers taking part in the fair include IJM Land and Mah Sing, which have scored several unique awards at
the StarProperty.my Awards 2016 for their noteworthy developments. Some key developments of the developers prior mentioned, that will be featured at the fair include Mah Sing’s Meridin East, The Meridin@Medini and Austin V Square while IJM Land will showcase at the fair Sebana Cover@Pengerang, Austin Duta@Tebrau-Austin corridor, Mount Austin as well as NasaCity@Desa Palma. Eager property buyers can also browse
through other popular Johor properties offerings including Tropicana Danga Cove and Tropicana Danga Bay developed by Tropicana, Ponderosa Woods and Ponderosa Avenue by Rawhide Sdn Bhd, Citywoods by Huayang, Citrine Residences and Emerald Residences by Sunway Iskandar Sdn Bhd, Plumeria Avenue by Udaland, Ion2 by Premier Plus Property and Twin Danga by MB Group. Parents are invited to bring their children to participate in the fun and exciting CR8 Robotics Challenge, in which participants from ages six to 17 will be given the opportunity to build and program their own basic robot for a sumo fight challenge. There will be a number of sessions held, with a maximum limit of 12 participants. Get a move on and complete the free registration online at bit.ly/RobotCompJB to secure a spot. Homebuyers additionally stand a chance to win prizes worth more than RM10,000. Visitors to the fair will stand a chance to win mystery prizes that will be held at 1pm, 4pm and 7pm on weekend only by completing a simple survey form. Admission is free. For more information, visit fair.starproperty.my.
Premium Partners:
A GOOD TIME TO BUY PROPERTIES?
Learn from the experts and explore showcased properties. ● Investment Opportunities ● Market Outlook for 2016 ● Feng Shui Tips ● Development Prospects
Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
23rd July (Saturday)
24th July (Sunday)
12.00pm - 1.00pm • How to get Better than Average Rental Yield by Kaygarn Tan
12.00pm - 1.00pm • Empowering your Life with Feng Shui by Professor Joe Choo
2.00pm - 3.00pm • Tips for Gen Ys buying their first home in Johor by Khalil Adis
2.00pm - 3.00pm • The Need For More Talent In Iskandar Malaysia by Suria Suppiah
3.30pm - 4.30pm • How to Build a Sustainable Vacation Homestay Business by Gregory Low
3.30pm - 4.30pm • Property Outlook 2016: Boom or Bust? by Rachel Lim 5.00pm - 6.00pm • Unveiling The Pulse of Iskandar Malaysia for Smart Propenomy Investors by Dr Daniele Gambero
5.00pm - 6.00pm • Feng Shui Tips for Buying New Property by Master Sandy Paw
Gregory Low
Suria Suppiah Master Sandy Paw
Kaygarn Tan Dr Daniele Gambero
Khalil Adis Professor Joe Choo Rachel Lim
developments
township15
STARPROPERTY.MY FRIDAY 22 JULY 2016 Johor Bahru City Square
By CAITLYN NG LI YUIN
22 - 24 July 2016 10am - 10pm
BENCHMARK FOR WATERFRONT LIVING E
liyuin@ocision.com
Greenland Tebrau is creating a waterfront masterpiece, Helios Cove, which commands magnificent sea views by the Tebrau coast.
Artist's impression of the stunning waterfront mixed development, combining living, entertainment and business.
VER wondered what it will be like to enjoy exclusive waterfront living at its finest? It is now a reality with Helios Cove, a prestigious project at Tebrau by Greenland Tebrau Sdn Bhd. Located south of the Permas Jaya Golf Club and Permas Jaya New Town, this development is set to be a benchmark for a luxurious lifestyle along the Straits of Johor. This is a matured integrated township that is home to residential products, community facilities, high quality retail options, as well as health and wellness services. A strategic location means that comprehensive amenities are also found in the vicinity, such as banks, golf clubs, schools, childcare centres and the major retailer, Jusco. There are five main zones, each of which has been specifically delineated in order to ensure the smooth flow between living, entertainment and business. Phase one, Etice, is the commercial
integration zone where the office tower, hotel and show gallery will be located; Phase two, Circa, is the education and cultural zone, where the school, snow theme park and Confucius Centre will be located; Phase three, Ethon, is the arts and cultural zone, where the Malay cultural street as well as arts and cultural boulevard will be located; Phase four, Asiph, is the TMC and lifestyle zone, where the traditional medical centre and waterfront resort will be located; finally Phase five is Helia, which is where the upscale waterfront villas will be located. Existing access to the site is off Jalan Persiaran Senibong, while the Eastern Dispersal Link (EDL) ensures seamless connectivity to and from the North-South Expressway, allowing for both residents and visitors to have ease of access to other parts of the country. For those who wish to visit Singapore, the Customs, Immigration and Quarantine Complex is only a few minutes' drive away.
events
STARPROPERTY.MY FRIDAY 22 JULY 2016
16 fairs LAYOUT & EXHIBITORS LISTING
BOOTH
Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
L2
Creative Robotics
A01
Hua Yang Berhad
A02
Premier Property Plus
A03
Gabungan AQRS Berhad
A04
Pulai Group Sdn Bhd
A05
Udaland (South) Sdn Bhd
A06 A07 A08
L2
A01 A02
A03 A04
A09 A10
A05 A06
A07 A08
A09 A10
B07
A11 A12
A13 A14
Rawhide Sdn Bhd StarProperty Sdn Bhd Galeri Tropika
A12
MB Group
A14
B04 & B05
Greenland Tebrau Sdn Bhd
A11
A13
B02 & B03
EXHIBITOR
B02 B03 B04 B05 B07
Tropicana Danga Bay Mah Sing Group
IJM Land Sunway Property
Activities Free Seminar Talk Visitor Survey Robotics Competition
Register at http://bit.ly/RobotCompJB
Johor Bahru City Square 22 - 24 July 2016 10am - 10pm
OWN YOUR DREAM HOUSE and stand a chance to win great PRIZES!
For home purchasers,
worth more than
PRIZES
10,000
RM
*
are up for grabs
* Terms and conditions apply
The most premium lifestyle property fair in Johor starproperty.my StarProperty.my For Robotics Competition registration, call us at 016- 637 2431 (Mun Loong) or visit http:// bit.ly/RobotCompJB
For more information, visit fair.starproperty.my Organised by: