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Johor Bahru, Malaysia near Singapore (MY#3)

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Johor Bahru ("JB"), Malaysia near Singapore (MY#3)

Singapore's neighboring city- a bargain still ?

====================================

 

So close to Singapore, yet so much cheaper,

will it boom like HK's neighbor Shenzhen has done?

 

3-johor-bahru-city.jpg

 

The new development at Dunga Bay may help the boom along.

 

One of the first to come up will be the Danga Bay Service Residence and Resort Hotel - a RM536 million development featuring 523 units of high-end condominiums spreading over two tower blocks, a 267-room resort hotel and office suites.

 

Also to be launched late this year is the Sanctuary Island Villas - a luxury residential project on an exclusive island across the existing Danga Bay project site in Lido Beach.

 

The GDV of Phase One, covering nine hectares of land, is RM330 million. It will feature 174 bungalow units with 82 units of waterfront villas with private berths for yachts. Priced between RM3 million and RM15 million each, this will be the first luxury waterfront lifestyle development in the south.

 

Lim said one of the main selling points of the new Danga Bay Integrated Waterfront City is its strategic location, being the nearest property development to Singapore and fully supported by air, sea, rail and road access. Plans are also afoot to introduce river taxies to boost connectivity with Singapore and the Indonesian islands of Batam and Bintan.

 

Iskandar, spread over 2,217 sq km, which is three times the size of Singapore, is expected to draw some US$105 billion (RM363 billion) in investments over 20 years from the government and private sectors.

 

 

MAPS

aaa2wx1.jpg

 

COMMENTS

 

LINKS

====

NAPIC Data site : http://www.jpph.gov....h...3&no_item=2

MY Blog #1 ..... : http://mypropertynews.blogspot.com/

MY Blog #2 ..... : http://realty-united.blogspot.com/

 

http://mypropertynew...06_archive.html

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JB COMES TO HK: Horizon hills exhibition

=======

 

leadpicpardaspg2i.JPG

 

Horizon Hills Exhibition

Date... : 29th - 30th March 2008

Time... : 11:00am - 7:00pm

Venue. : The Landmark Mandarin Oriental, Tian & Di room, 7th level

 

aaa2ir1.jpg

 

According to the advert in today's SCMP:

Factors that make Horizon Hills an excellent investment option:

 

+ Freehold and low density development

+ Only 15 minutes drive from Singapore*

+ Bungalows, Semidetached homes, terraced homes

+ Eligible to participate in "Malaysia My Second Home" plan

+ Real property gain tax exemption

 

PRICES: from hkd912,000 (based on HKD1= RM 0.4187)

website: http://www.horizonhills.com.my/main.html

== ==

 

NESTLED in the heart of Nusajaya is a sprawling 486ha development known as Horizon Hills, a RM2.6 billion (S$1.2 billion) project being developed by Gamuda Land.

 

The gated township, comprising 6,000 homes located 20km from the Second Link, will have an 18-hole golf course and a RM50 million golf and country club for the exclusive use of Horizon Hills residents.

 

Homes in the first of the development's 13 precincts, Gateway, are available for sale. The second precinct, Golf, will come on the market next month.

 

Gateway was launched in March with 465 units: double-storey link houses, cluster terraces and semi-detached houses. To date, 85 per cent of the units launched have been sold.

 

Only 30 per cent of units in each precinct are available to foreigners, so there are only a handful of semi-detached homes left for Singaporeans to buy, said Gamuda Land.

 

But the Golf precinct will have more houses for sale: 653 in all, comprising link houses, cluster terraces, semi-detached houses and bungalows. Prices will start from RM260,000.

 

2/

Located within the Iskandar Development Region, which was identified by the Malaysian Government as the new catalyst for growth under the 9th Malaysia Plan, Horizon Hills is a gated development that is certain to become the new gem set in the South Peninsular Malaysia.

 

Apart from being situated right in the middle of the nation's mega development plan, Horizon Hills is also surrounded by a host of complete infrastructures and facilities that make its status even more impressive.

 

 

On the south of the township is the Central Planning Area that, once completed, will house the transportation hub, medical city, education hub and commercial centres; to its Southeast location closer to the Johor Straits is the Johor State New Administration Centre and waterfront precinct. To the north is a medical hub and to the west is an industrial zone called Southern Industrial Logistics Clusters.

 

The township is only 15min drive away from The Port of Tanjung Pelepas and about half an hour drive from Senai Airport and Johor Town Centre respectively. It is well connected via JB Causeway, Skudai Expressway and Second Link, with another new coastal highway currently under proposal.

 

Horizon Hills is the fourth township undertaken by Gamuda Land. There is no doubt that all the key learnings gathered from the previous projects will be put into practice to produce the finest ever residential enclave in this region.

 

Already, plan has been drawn up that capitalises on the existing undulating landscape to give homeowners the magnificent view of our own meandering golf course and the glittering skyline of Woodlands, Singapore.

 

Location and Accessibility Horizon Hills can be accessible via Skudai Expressway, JB Causeway and Second Link.

 

Type of Development:

1,228 acres freehold development comprising residential and commercial precincts, totalling 5786 units of bungalow house, semi-detached house, apartment, town house, cluster home and commercial units.

 

Design Concept:

Self-contained integrated township with gated concept and Ross Watson golf course and clubhouse.

Key Design Features 200-acre designer golf course (18 holes).

 

Green Park Garden with cycling path network.

Water features: wetland, lake, waterfall, canal.

Exclusive Island within the township.

RM25million signature clubhouse.

 

Distinctive home designs specially created based on existing landscape.

Underground utilities - energy, drainage, sewerage and telephone lines are built underground for aesthetic and safety features.

Wider crosswalks and roll-over kerbs designed for pedestrian safety.

Road networks and cul-de-sacs designed to keep major traffic away from residential precincts.

 

/see: http://www.gamuda.com.my/gamuda03/projects...orizonhills.htm

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QUOTE (DrBubb @ Mar 26 2008, 05:28 AM)

JB COMES TO HK: Horizon hills exhibition

=======

 

Horizon Hills Exhibition

Date... : 29th - 30th March 2008

Time... : 11:00am - 7:00pm

Venue. : The Landmark Mandarin Oriental, Tian & Di room, 7th level

 

According to the advert in today's SCMP:

Factors that make Horizon Hills an excellent investment option:

 

+ Freehold and low density development

+ Only 15 minutes drive from Singapore*

+ Bungalows, Semidetached homes, terraced homes

+ Eligible to participate in "Malaysia My Second Home" plan

+ Real property gain tax exemption

 

PRICES: from hkd912,000 (based on HKD1= RM 0.4187)

website: http://www.horizonhills.com.my/main.html

 

 

Horizon Hills website says

 

- No FIC approval required for purchase of any residential property valued more than RM250,000

- No limit on number of loans obtained by foreigners from the licensed onshore banks for purchase of residential and commercial properties

- Exemption of Real Property Gains Tax

 

I am just starting to do my due diligence with respect to Malaysian property ownership. Are there any concerns with foreign ownership ie land rights , short leases (like Vietnam),

political considerations that you would be concerned about ?

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QUOTE (Rosco @ Mar 28 2008, 08:23 AM)

I am just starting to do my due diligence with respect to Malaysian property ownership.

Are there any concerns with foreign ownership ie land rights , short leases (like Vietnam),

political considerations that you would be concerned about ?

==UNQUOTE==

 

We are new to Malaysia also.

The risk factors look reasonable from what we have seen and heard.

 

My biggest concern is the market- the risk that KL and Penang are going to be overbuilt:

 

+ There has been a tremendous ammount of building over the last 1-2 years, with many more

new projects being started now, with completion expected to take 3 years.

 

+ I can see a serious GLUT developing by 2009-2010, if not earlier,

 

+ The way the market works is that once you have taken your financing, the bank controls the

title, so it is virtually impossible to sell until completion. So there's no liquidity when you are

STUCK IN THE PIPELINE. By now, there are thousands of properties in the pipeline, with their

owners expecting to flip at a profit, but no way to do that. And the pipeline is getting bigger

with all the new projects gettings started now. The market is NOT REFLECTING this huge supply

now, because the owners of those properties have no way to sell.

 

+ Given the above, the market may already be in serious oversupply- but we will not see that

until 2009-2010, when the properties can be sold.

 

People think the Malaysian market is rising, and healthy, because the properties that are completed

are changing hands at higher prices. But the reality may be different, and a growing oversupply may

be made worse bty every new property being launched.

 

JB, is slightly different perhaps. The spot market is soft, and it is next to the booming Singapore market.

If Singapore allows more easy transit across the border, than the price differential between Sing. and

JB may flatten out somewhere. However, it is far to say that the developers have huge plans on the

drawing boards, so they are betting heavily on an easier flow. And it makes economic sense. However,

the pure economic arguments may not be enough to overcome the political realities that control border

and passport issues.

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Gamuda unveils its 'best' project

 

PROPERTY TALK: BY S.C. CHEAH

 

GAMUDA Land has described Horizon Hills, its maiden property development in Johor, as its "best of the best."

 

horizon-hills-map.jpg

 

This is based on its concept of 12 gated and guarded precincts, exclusive 18-hole signature golf course designed by Ross Watson, big clubhouse and many interesting features in the 1,200-acre development that promises to take Johor by storm.

 

One of its main attractions is the undulating and elevated terrain. It is said to be 80ft higher than the neighbouring Bukit Indah and commands a panoramic view of the Johor City skyline. Many of its future houses will overlook the golf course, streams and lakes.

 

The gradient is so gradual that motorists may not notice the elevated land until they stand on top of the vast hill and gaze into the horizon.

 

Being a newcomer, Gamuda Land, the property arm of main board-listed Gamuda Bhd, realises that it has to make a big impact in Johor and seize the opportunity that comes from the many projects planned by UEM Land Sdn Bhd, Nusajaya's master planner and Gamuda Land's strategic partner in Horizon Hills.

 

Gamuda Land managing director Chow Chee Wah said the surge in economic development had spurred property projects in south Johor with some 800,000 jobs to be created over the next 20 years.

 

Coupled with Singapore's ambitious tourism plans, namely the casino and family resorts at Marina Bay and Sentosa Island which are due for completion in 2009 and 2010 respectively, the demand for property from locals living in Johor but working in Singapore would rise.

 

The other target markets would be up-graders and foreign buyers, especially Singaporeans.

 

"Horizon Hills will be a strategic location to facilitate a working life in Singapore and home-life in Malaysia. In short, it is the best of both worlds. It is earmarked to be the preferred residential address as its 12 precincts offer different and unique designs and concepts to cater to the distinctive tastes of even the most discerning investors.

 

"It is crafted with distinctive environmental architectural elements, the first-of-its-kind lifestyle development in Johor. It will be a new benchmark for the property sector in Johor and will be the lifeline for the administrative and economic zones of Nusajaya," Chow said.

 

Gamuda Land is tapping on years of experience from developing townships like Kota Kemuning (an award-winning residential wetlands development), Valencia (an exclusive lifestyle development with a residents-only golf course and clubhouse) and Bandar Botanic (unique botanical garden features and natural environment setting).

 

my_homes_offices.56644.1.jpg

 

Horizon Hills will be a fusion of these developments, combining the best experiences and resources in architectural design, master planning, resort management and residential security. It realised that the Johor market was very saturated and competitive and it might not do well if it were to do another run-of-the-mill type of development. It had to be very different.

 

Horizon Hills will be founded on the four pillars of Gamuda Land's development doctrine: design quality, community & amenities, healthy lifestyle and safety/security. Its show houses that exude the "wow" factor adhere to the stringent construction quality assessment of the Building Construction Authority of Singapore's CONQUAS 21.

 

The speed in which it prepared for last Sunday's Phase 1 launch also reflects its seriousness in achieving this goal. The same can be said of UEM Land. Its managing director Wan Abdullah Wan Ibrahim said: "There will be something new every month in Nusajaya. We are now in serious discussion with a party to develop a major theme park in Nusajaya."

 

Indeed, Wan Abdullah has rightly pointed out that Nusajaya's seven signature developments – Johor State New Administrative Centre, Puteri Harbour, Southern Industrial and Logistic Cluster, Nusajaya Industrial Park, EduCity, Medical Park and its residential development, Ledang Heights – will provide synergy to surrounding developments.

 

People working in these developments would need housing and Horizon Hills can offer them a choice.

 

UEM Land had sought a partner to develop its land in 2005 and finally found Gamuda Land, an ideal partner to share its vision.

 

Horizon Hills' other plus points are its proximity to the Malaysia-Singapore Second Link and easy accessibility to other parts of Johor Baru via the North-South Expressway, Skudai Expressway and the JB Parkway (Perling Expressway). It is about 25km from Johor Baru and 70km from Changi International Airport.

 

/see: http://realty-united...ch-19-2007.html

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JB's SURPLUS of Properties, circa 2008

============

 

(old data- 2006)

The latest National Property Information Centre (Napic) Property Market Status Report (for 4Q2006) shows Johor having the highest number of surplus units in the country — 8,215 units or 32% of the nationwide market share — some developers remain upbeat about JB. Among them, notes Tan, are Scientex Bhd and SP Setia Bhd. The former has acquired about 250 acres in Sedenak, while the latter purchased 949 acres near Bandar Nusajaya. Scientex is planning a mixed housing development that will be launched early next year, while SP Setia has entered into a joint venture with Topasia Projects Sdn Bhd to develop an eco-themed township.

 

Based on Napic's report, the value of unsold units in Johor stands at RM1.43 billion, with the district of Johor Baru itself accounting for 77.5% (6,366 units) of the unsold units in the state. Most of these units (87.5%) had been on the market for more than 24 months. Two to 3-terraced and 1-storey terraced units formed the bulk of the overhang, with each type contributing 36% (2,957 units) and 16.5% (1,359 units), respectively

 

/see: http://realty-united.....orizon hills"

 

(updated 2008)

 

PROPERTY STOCK REPORT

Overview

As at end Q3 2007, the existing stock of residential units stood at 4,005,402 units. During the past three quarters of the year, a total of 140,535 housing units were completed. The average completed units in the quarters were 46,845 units per quarter with the highest number recorded in Q2 2007 (56,327 units). Incoming supply was reduced by 8.7% to 580,883 units from the corresponding period of Q3 2006 (636,644 units). A total of 103,217 units started construction during the past three quarters. The total comprised 34,310 units (Q3 2007), 40,632 units (Q2 2007), and 28,275 units (Q1 2007). Planned supply increased to 644,354 units from the corresponding period of Q3 2006 (634,841 units) but is slightly lower than Q1 2007 (650,005 units). The lower number of the planned supply was attributed to higher number of buildings that started construction and decreased number of building approvals. Quarter to quarter analysis showed that Q3 2007 recorded the highest number of building approvals (41,301 units), followed by Q1 2007 (37,534 units) and Q2 2007 (33,075 units).

 

In the shop sub-sector, the numbers of completed units in the previous three quarters were mixed. As at end-September 2007, there were 324,223 shops available in the market. A total of 7,278 shops were completed during the past three quarters. The highest units were recorded in the review quarter at 2,861 units. The incoming supply increased marginally as the shops that started construction outnumbered the completed units. Higher starts were recorded in Q3 2007 (2,999 units) followed by Q2 2007 (2,651 units) and Q1 2007 (1,728 units). Planned supply expanded to 54,825 units including 3,176 units that obtained new building approvals. A total of 10,011 shops obtained building approvals in the past three quarters comprising 3,176 units in Q3 2007, 4,449 units in Q2 2007, and 2,386 units in Q1 2007.

 

/see: http://www.jpph.gov....q307lapstok.pdf

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(Hogwild posted this on MY#1):

 

Dr Bubb, have you looked at the Southern tip of Johor next to Singapore?

 

In June 2007 I was about to purchase land to build a Balinese Villa at a place called Ledang Heights; the little squabble between Merril and Bear Stearns about the valuation of some CDO at that time made me very nervous ,as such an argument highlighted the risk of a domino effect through the credit system. Fortunatley I pulled the plug and didnt go ahead.

 

However, this area next to Singapore has been given special status by the Malaysian Government. Given that Singapore is set to become the Switzerland of the East the Malaysians are positioning themselves to benefit from this.

ISKANDAR -http://www.wpi.com.my/.

 

This development is worth keeping an eye on for possible future investment.

 

Sincerely

Hogwild

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South Key Development / Skyscraper City Forum

 

mcc_03_859.gif

 

The 330-acre Southkey development comprises nine precincts

 

clip_6.jpg

 

“For starters, we have the best location in the city, and location is crucial to the success of any commercial development,” Quek points out.

 

The 330-acre mixed development (net sellable area of 204 acres) sits on the Majidee Army camp site, about 4km north of the city centre and within the flagship Zone A of Iskandar Malaysia. It is served by three major highways — the Tebrau Highway, the soon-to-be-completed Southern Link Expressway and the Eastern Dispersal Link (EDL). The latter traverses the eastern portion of Southkey and connects to the North-South Expressway.

 

Southkey will receive another boost if the proposal for a light rail transit (LRT) station along Jalan Bakar Batu — which fronts the development — is approved.

 

“There will be an LRT station within Southkey and that will enhance accessibility,” says Quek.

The development is surrounded by established housing and commercial estates such as Taman Molek, Taman Sentosa, Permas Jaya and Taman Pelangi, giving it a catchment of more than 120,000 within a 3km radius.

 

“Southkey is also only a four-minute drive from the new Customs, Immigration and Quarantine (CIQ) complex. We have an added advantage because of the EDL and CIQ, which give not only the locals but also Singaporeans easy access to the development,” says Quek.

 

Because of its location, the developer has designated about 70% of the development for commercial projects.

“We feel this is the best use of the land. But we are not just building offices and shops, but also creating a lifestyle with an emphasise on sustainable development,” stresses Quek.

===

/more: http://www.skyscrape...475583&page=117

 

96642697zg8.jpg

 

MegaMall : GDV of RM6 Billion, over 5 years

 

 

KUALA LUMPUR (March 28, 2012): IGB Corp Bhd, the developer of Mid Valley City, has joined hands with Selia Pantai Sdn Bhd to develop Southkey Megamall, a retail mall and mixed development in Johor with a gross development value (GDV) of RM6 billion.

 

Group Managing Director Robert Tan Chung Meng said the project is expected to take four to five years and has a gross development cost of RM2 billion to RM3 billion.

 

"It will be the second largest megamall project for us after Mid Valley, which more or less will replicate it but will be tailor made for people living there," he told reporters after signing the memorandum of understanding (MoU) with Selia Pantai here on March 28.

===

/more: http://www.skyscrape...d.php?t=1547805

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(these TRNASPORT developments should be very important for JB.)

 

Singapore, Malaysia agree to high-speed rail link

Reuters | By Kevin Lim SINGAPORE | Tue Feb 19, 2013 2:28am EST

http://www.reuters.c....91I05720130219

http://www.channelne....255068/1/.html

http://www.themalays....peed-rail-link

 

Quote:

SINGAPORE (Reuters) - Singapore and Malaysia moved to strengthen growing economic ties on Tuesday with plans to build a high-speed rail link by 2020 that will cut travel time between the wealthy city-state and Kuala Lumpur to 90 minutes.

razaklee.jpg

 

Malaysia's Prime Minister Najib Razak attends a news conference after a meeting with Singapore's Prime Minister Lee Hsien Loong ® in Singapore February 19, 2013. Credit: Reuters/Edgar Su

 

The neighboring Southeast Asian countries also said they would look for ways to intensify cooperation in developing the Iskandar Malaysia economic zone that's across a narrow strip of water from Singapore.

 

The rail link announcement, after a meeting between the prime ministers of the two nations, reflects improved relations in recent years. Singapore was once part of Malaysia but they separated acrimoniously in 1965, clouding diplomatic and economic dealings for decades.

 

The high-speed train "is a strategic development that will dramatically improve the connectivity between Malaysia and Singapore," the two governments said in a joint statement.

 

"It will facilitate seamless travel between Kuala Lumpur and Singapore, enhance business linkages and bring the people of Malaysia and Singapore closer together," they said. "Ultimately, this project will give both countries greater stake in each other's prosperity and success," it added.

===

/source: http://www.skyscrape...475583&page=272

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Johor-Singapore rapid transit system gets green light / Sing.-MRT-Map

By Nelson Benjamin | The Star/Asia News Network | Tuesday, Feb 19, 2013

http://www.asiaone.c....19-402913.html

 

new-picture16.jpg

"artist impression" /source: http://visualinterro...e-mrt-road-map/

 

Quote: SINGAPORE - Malaysia and Singa**pore have agreed to go ahead with the Rapid Transit System (RTS) linking Johor Baru with the republic.

 

67063698.jpg

/source: http://www.skyscrape...d.php?t=1055925 : Overall JB Development plan : image

Foreign Minister Datuk Seri Anifah Aman said both countries had a year to draft the plans on the preferred option for the RTS.

20130219.092321_station430.jpg

Woodlands MRT station will serve as an interchange and allow travellers to take the proposed Rapid Transit System Link between Singapore and Johor Baru.

 

mrtwoodlands.jpg

( Just 12 MRT stops from Woodlands to Orchard Road ) : Map

 

He added that under phase one, the alignment and station scheme options would be identified.

 

"Once this is decided, we can move to phase two," Anifah said during a briefing on Prime Minister Datuk Seri Najib Tun Razak's two-day working visit to Singapore which began yesterday.

 

It is learnt that among the options being considered is a bridge or an underground tunnel link.

 

Singapore had earlier announced that its Thomson mass rapid transit (MRT) line would be opened in stages from 2019.

 

The 30km line will run through the north-south corridor of the island republic, starting in Wood*lands, the area closest to Johor Baru via the Causeway, and passing through industrial, residential and shopping districts before ending at Marina Bay.

 

The S$18bil (RM44bil) line will be completely underground and is expected to serve 400,000 commuters daily.

 

Anifah said leaders from both countries were expected to discuss the progress and implementation of the Points of Agreement.

 

"Both leaders will also travel to Iskandar Malaysia in Johor to launch the ground-breaking ceremony of the Urban and Resort Wellness project.

 

He added that it involved a 2ha "Urban Wellness" project in Medini North and a 84ha "Resort Wellness" in Medini Central.

 

Other issues to be discussed include cooperation in aviation and airport services between Senai and Changi airports as well as the establishment of ferry and water taxi services between Puteri Har**-bour in Iskandar and Tuas in Singapore.

 

Anifah added that there was steady progress in the implementation of initiatives under the Joint Ministerial Committee for Iskandar Malaysia including in transport, immigration, tourism, environment and industrial cooperation.

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1-Tebrau Residences

 

Developer : Distinctive Properties: Datuk Dr David Koh, Lim Ech Chan

Coming: Soul @ Medina, Iskandar Residences / previous: i-ZEN@Kiara

 

Soft-launched on June 10, 2012, with 84 of 168 units of 3BR suites going to Japanese buyers

 

6e8918d101c748e78129d48986274e59.jpg

  • 1Tebrau is within the Iskandar Malaysia Development region where Johor Bahru City Centre is to be transformed into a new business district
  • Iskandar region is set to become Malaysia's most sustainable and developed region of international standard
  • The city of Johor Bahru is Malaysia's 'Southern Gateway', recieving 60% of foreign tourist
  • Upcoming Thomson Line connecting Singapore to Johor Bahru
  • Enjoys the frontage of Southkey development that sits on a 300 acres piece of land, where it comprises of the renowned Mid Valley shopping mall, integrated with residential and commercial spaces
  • 8minutes to Customs, Immigration & Quarantine (CIQ)
  • Most sought after address in Johor Bahru City Centre
  • Low cash outlay of starting from only MYR3,000
  • Low PSF starting from only MYR500

main-banner-005.jpg

 

Details

Development Name: Residences @ 1Tebrau

Property Type: Apartment

Developer: Distinctive Properties Sdn Bhd

 

Description

1 Tebrau is where people come to live, work and indulge. Featuring two towers of designer suites and shop offices, it will be the catalyst that will transform the Tebrau community.

This strategic location will create a convenient and vibrant lifestyle centre for both locals and commuters to and from Singapore

 

m_29Tebrau.jpg

 

Drive time to nearby landmark/ shopping mall

Plaza Pelangi - 5 mins

KSL Mall - 5 mins

Woodlands Checkpoint -10 mins

Jalan Bakar Batu - 2 mins

EDL Highway - 3 mins

Tebrau Highway to Singapore -10 mins

 

d7c5515a10aa42298e1ca75e149bca62.jpg

/source: http://thinkproperty...?referer=search

 

location-skypict-enlarged.jpg

 

Type A Flat, 360 degree, movable view: http://www.propertyg...idences-1tebrau

 

/Forum : http://forum.lowyat....pic/2428342/all

/Flooplan-brochure : http://www.1tebrau.c...-e-brochure.pdf

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8338706688_5d53fcb1be_o.jpg

 

From Tips of taking Train from JB to Singapore:

http://yqtravelling....re-to-malaysia/

 

johor-bahru-Google-Maps_1271908515872.png

 

A joint Singapore-Malaysia statement said: “The terminating stations of the (rapid transit system) link will be in the vicinity of JB Sentral, Johor Baru and in the vicinity of Republic Polytechnic, Singapore.

“It is targeted that the RTS link will be operational by 2018. The RTS link will have a co-located (Customs, Immigration and Quarantine) facility in Singapore and another co-located CIQ facility in Johor Baru so that commuters need to clear immigration only once for each way of travel.”

Article source: http://www.todayonli...hor-Baru-by-201

 

mrtnetwork.jpg

 

A "Proposed Map"

abbai.jpg

 

Yeauejen came up with a proposed map for Johor Bahru's MRT system, after considerable amount of work. In his words: "The system generally consists of four lines, and is basically modelled after Singapore's MRT. The lines are designed to serve most current and future populated areas of Johor Bahru as well as connections to Singapore, with the ultimate aim of attracting loads of Singaporeans coming into Johor Bahru by MRT, and thus boosting our city's economy."

===

/source: http://haqitaeili.blogspot.hk/2013/01/a-proposed-map-for-johor-bahrus-mrt.html

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For Sale (at under RMY 300 psf)

 

Tebrau City Residences

 

dsc03253z.jpg

 

www.iproperty.com.my

1,092 sq. ft. 3+1-bed 3-bath Apartment for Sale in Tebrau Residence, Johor Bahru, Johor, Malaysia for RM 338,000

by Raymond Wong, Oriental Realty (Johor)

 

/see: http://www.iproperty...artment_ForSale

 

Tebrau City Residences, Johor Bahru, RM 380,000

 

Nicely Renovated and Fully Furnished

- Please call Zhen Zhen (019 718 7004) or Celine Ng (012 7320 894) for appointment to view today! Thank you.

Property Details

d280d74028723_1_V550.jpg

=== ===

(From the time of Sale):

 

PROPERTY developer Plenitude Bhd has launched its Tebrau City Residences project, a first-of-its-kind serviced apartments in Johor Baru which is integrated in a "city within a city" concept.

 

Tebrau City Residences is designed to suit the lifestyle of modern city living and the only one to be surrounded by three international retail malls, namely the AEON Jusco mall, and the upcoming Tesco and IKEA malls.

 

The project consists of 1,088 freehold serviced apartments fronting AEON Jusco mall.

 

There are four designs with three- and four-bedroom apartments ranging from 1,089 sq ft to 1,882 sq ft per unit. Prices range from RM133 per sq ft to RM175 per sq ft.

 

"We expect the price to further appreciate upon completion of the project in June 2009 as the location, convenience and amenities offered by Tebrau City Residences are one of its kind in Johor," Plenitude executive chairman Elsie Chua said in a statement.

 

Tebrau City Residences will also have an in-house pool, gym, sauna and badminton courts as well as easy and secured residence access to carpark bays and other amenities. The service charge for maintenance of common areas and facilities is 14 sen per sq ft.

 

"Our current launch is the first parcel with 472 units, which has received good response. The rental yield at this area is projected at eight per cent and is expected to continue to increase due to land appreciation in this area and within the Iskandar Development Region," she added.

===

/see: http://www.myrealest...021d5f3fc0e28bf

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New Midvalley in Johor / EduCity

 

New Midvalley in Johor

by kochin » Thu Apr 19, 2012 7:12 pm

 

iskandar is shaping up to be a kinda too big to fail kinda project.

iskandar themselves are saying this year going to be the tipping point. projects slated for completion this year include legoland, indoor theme park, etc.

some of the universities (9 in educity) have commenced operations. 4 more signed in educity 2.

most big time developers already set their foot in. heard some condos already launching at ..... rm800+psf.

whether it's gonna boom or fail, time will tell.

===

http://www.propertyw...y/topic556.html

 

 

EduCity in Iskandar Malaysia: A world-class education hub for Malaysia and the region

 

24 July 2012

 

EduCity is one of the most important developments in Iskandar Malaysia, being a catalytic project that represents a significant investment in the area of education, which is key to the future of both Iskandar Malaysia and the nation.educity_wallpaper.jpg

The development of EduCity is aligned with one of the main objectives of the Ninth Malaysia Plan which is to promote Malaysia as a centre of educational excellence. Being in the strategically-located Iskandar Malaysia area, the education enclave will make world-class education more accessible to Malaysians. It is also poised to be a regional education hub offering world-class education within a six-hour flight radius of major Asian cities.

Specifically, EduCity encompasses an area of 305 acres and is situated within Nusajaya, Johor and. It is located nearby Medini Iskandar (“Medini”), which is the central business district of Nusajaya.

. . .

Several other education institutions will also establish a presence in EduCity. These are:

  • Raffles American School, which is an academy catering to schoolchildren ranging from pre-kindergarten to the 12th Grade. Its permanent campus is scheduled to be completed in August 2014.
  • Marlborough College Iskandar Malaysia, which is a co-ed independent boarding and day school for children from the ages of 11 to 18 years. It will also have a day preparatory school for children aged five to 11 years. The college campus is situated on a 90-acre site and will comprise a broad range of sporting facilities within its grounds. These include nine grass pitches, a cricket ground, 50-metre swimming pool, a junior swimming pool, six tennis courts, netball courts and an all-weather pitch for hockey, as well as indoor facilities for basketball, volleyball, badminton and squash. The college will officially open in August 2012.
  • Raffles University Iskandar, which is scheduled to begin operations at its EduCity campus by the end of 2014.
  • University of Reading, which targets to open in 2015 upon completion of its campus in EduCity. The campus is the university’s largest single development project in its history.
  • Multimedia University, which will set up a branch campus that is set to open in September 2014.

===

http://kperspectives...-@-EduCity.aspx

 

 

The 350-acre campus at Educity Iskandar will be shared by no fewer than eight international universities,

including three from the UK.Newcastle, Southampton and Reading universities will take their place alongside the Netherlands Maritime Institute of Technology and the Singaporean private university Raffles. Australia's Monash and a Californian cinematic art school associated with Pinewood Studios are in talks with Iskandar's management, leaving just one spot left for another, as yet unknown, international institution.

Students from all of the universities will live together in one giant international student village and will share sports and leisure facilities far beyond those any single university could afford, including a 14,000-seater stadium and an Olympic-length swimming pool

. . .

Newcastle University got the call in 2004. It was invited to bring medicine and biomedical sciences to the project. Jordan said it represented a "golden opportunity" for Newcastle to develop its internationalisation strategy.

"Like many civic universities in the UK we have little flags all over the world which have normally grown up through research collaborations and all the rest of it. But our vice-chancellor felt it was time to pick a few strategic areas and plant one or two large flags. The international campus here – a fully owned branch of Newcastle University – is a golden opportunity to do that in south-east Asia, and brings us to the new markets. The World Bank will tell you that there's going to be an increasingly exponential demand for higher education but it's largely going to come from Asia and south-east Asia," Jordan said

===

http://www.guardian....kandar-malaysia

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I'm headed through there in June ,my wife is from Malacca so its a flight to Singapore

and a bus via JB. Any further tips on Singapore/Malaysia especially Malacca gratefully received

I've never been to either and its 20 years since my wife last went back

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We are looking at a property investment there - in 1Tebrau Residences (see post #11)

 

main-banner-003.jpg

 

To us it looks cheap. But to locals, it probably looks expensive.

 

The idea is that we might be able to live there, and still have access to Singapore.

It is 5-8 minutes taxi ride to the checkpoint at border with Singapore,

and then 12 MRT stops from Woodlands to Orchard Road (shopping in Singapore)

 

Door-to-door might be about 1 1/2 hours now, and maybe closer to 1 hour, when JB's own LRT/MRT is completed.

 

Prices are about 1/3 of what similar accommodation might cost in Singapore.

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I'm headed through there in June ,my wife is from Malacca so its a flight to Singapore

and a bus via JB. Any further tips on Singapore/Malaysia especially Malacca gratefully received

I've never been to either and its 20 years since my wife last went back

 

If you have time, you might want to visit Penang, which we always find interesting.

I haven't been to Malacca yet. My partner has, and she liked it

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JOHOR BARU, A Metropolis in the Making

 

“Iskandar — a stroke of genius”: “The launch of Iskandar was a stroke of genius and the government has shown its determination by announcing to the world the formation of Medini,” stresses the property consultant.

 

clip_4_thumb.jpg?w=490&h=307

 

He adds that first impressions are the game changer, and the large infrastructure investment and open policies helped massively in attracting foreign direct investment. Investor-friendly policies and an open real estate market paved the way for expatriates and foreign properties buyers.

 

In addition, healthcare, creative-based education and business activities are strongly encouraged and these efforts have resulted in explosive growth in Iskandar. Despite many Johoreans‘ initial pessimism of the project, Iskandar has taken off in a big way and has managed to grab the world‘s focus on this up and coming economic hotspot.

 

“The biggest foreign involvement comes from our southern neighbour and the rise of Iskandar saw unprecedented levels of involvement from Singapore. Investments started flowing in from the island republic and the Singaporean government actively encourages its people to invest in the region,” Tee reveals.

 

Other major investors include South Korea, Japan, China, and Europe, making JB a truly global city. The rise of JB in the international circuit is beyond the wildest dreams of Johoreans in the past, but the reality is now and many are hoping for Iskandar to remain open and innovative so as to keep in pace with global developments and become an integral part of the global system.

 

“Many people in Kuala Lumpur do not understand the situation and the level of interest shown in Iskandar. My own interest in Iskandar is due to the number of enquiries I get from Japanese and Chinese investors on whether they should put their money in Kuala Lumpur or Iskandar,” reveals Tee. “The sheer volume of interest prompted me to start studying Iskandar region actively some six months ago and my investigations led me to conclude that Iskandar is the real estate hotspot for next year.”

 

“I personally believe that JB is poised to take the crown as the investment hotspot for 2013 and the sleeping dragon is ready to move.”

. . .

He adds that although Nusajaya is the latest darling for investors, there are still much room for growth in the matured JB Central. Foreigners staying in Iskandar need their food and entertainment and this is where the developed area can cater to their demands.

 

One Terbau and Setia88 are two matured districts with the biggest growth potential, he indicates.

 

===

more: COVER STORY: Johor Bahru — a metropolis in the making - RED - New Straits Times http://www.nst.com.m...9#ixzz2NlgXQEau

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Picking the Right Spot... is important

 

Huge room for growth: Tee is quick to warn however that despite the rosy picture, the investments are not without caveats and investors need to be wary of pockets of oversupply that might occur in regions which might require time for adjustments.

 

“This is where investors need to be cautious and properly study the viability of each investment. At five times the size of Singapore, Iskandar is huge and therefore investors need to be prudent in picking the right spot for growth.”

 

He adds that although Nusajaya is the latest darling for investors, there are still much room for growth in the matured JB Central. Foreigners staying in Iskandar need their food and entertainment and this is where the developed area can cater to their demands. One Terbau and Setia88 are two matured districts with the biggest growth potential, he indicates.

 

The highways linking Iskandar and JB Central have eased up traffic massively but there is still risk of traffic congestion as the population grows. He hopes that a modern rail service linking Woodlands and the proposed high speed rail between Singapore and Kuala Lumpur can be completed soon as this will truly cement JB‘s position as a metropolis.

. . .

In order to attract more Malaysians and Singapore residents, SATS plans to have a wider range of direct flights to major cities such as Hong Kong, Guangzhou, Taipei, Shanghai, Perth, etc. However, efforts to attract other Asian budget carriers to fly some of these routes have so far been unsuccessful. Singaporeans currently make up about 40% of the passengers using the airport.

===

 

Read more: COVER STORY: Johor Bahru — a metropolis in the making - RED - New Straits Times http://www.nst.com.m...9#ixzz2NnbhjoyB

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SENAI AIRPORT, in JB

 

senai_airport.jpg

 

History

 

Opened in 1974, it serves the state of Johor as well as people from the southern states of Peninsular Malaysia. Senai International Airport used to be hub of AirAsia and used to serve as a domestic hub of Malaysia Airlines until the rationalisation of its domestic routes to cut the company's losses. As a result, Malaysia Airlines only served two destinations from Senai after the rationalisation.

Today, this airport is managed by Senai Airport Terminal Services Sdn Bhd (SATS), the first independent airport operator in Malaysia, after taking over the operations of the airport from Malaysia Airports Holdings Berhad (MAHB) in 2003. Senai International Airport is able to handle up to 4.5 million passengers and 100,000 tonnes of cargo per annum. There are plans to increase the capacity of the airport to 10 million passengers in the long term and turn the airport into a cargo hub. Recent expansions and upgrades include lengthening of the runway to 3800m and building a parallel taxiway to increase runway capacity.

===

/more: http://en.wikipedia....ational_Airport

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JOHOR BARU, A Metropolis in the Making

 

“Iskandar — a stroke of genius”: “The launch of Iskandar was a stroke of genius and the government has shown its determination by announcing to the world the formation of Medini,” stresses the property consultant.

 

clip_4_thumb.jpg?w=490&h=307

 

He adds that first impressions are the game changer...

Mmm...

JHK ''There is little public consciousness of how the contraction of our big cities might be managed, and no discussion of it. It is likely to proceed in a disorderly way as property loses value, services have to be curtailed, and people are displaced.

The cities overburdened with skyscrapers and mega-structures will discover, sadly, that these things are not assets, but liabilities. We are unlikely to have the capital or even the modular fabricated materials to renovate them. They will have one generation of life, and that will be all. Expect the condominium model of property financing to fail, also, since it was invented during an era of prolific, cheap capital now drawing to a close, and individual defaults will now be magnified as the property owners’ associations of mega-structures go broke and routine maintenance has to be deferred.''

 

Admittedly JHK talking about the USA (only?) here. Personally I think you must be crazy to consider living there but I am me and you are you. Good Luck! If I had the dosh (and if I were you) I would just move to Singapore-sod the cost. You're going to be 1 and a half hours from Orchard road. Then again I wouldn't want to live in Singapore. Why not just move back to High St Ken? Or Brighton and Hove, 1 hour or so to London. At least the natives speak English, no humidity, tasteful architecture, the promenade etc.

Grade_II_listed_buildings_in_Brighton_and_Hove3A_CE28093D.jpeg

 

'First impressions are the gamechanger'

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The Japanese seem to be going nutty over Malaysia these days, Jake.

I wonder why?

 

1-Tebrau Residences

 

Soft-launched on June 10, 2012, with 84 of 168 units of 3BR suites going to Japanese buyers

 

location-skypict-enlarged.jpg

 

Type A Flat, 360 degree, movable view: http://www.propertyg...idences-1tebrau

 

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The Japanese seem to be going nutty over Malaysia these days, Jake.

I wonder why?

Steady on! Probably because A. they know no better and are used to paying through the nose, B. they have to get rid of their cash before capital controls or Yen becoming worth much less, C. they are suited to humid weather and bland lifestyles and D. they are easily conned, can't speak English very well and love shopping, and E many of them are fleeing an ongoing nuclear catastrophe.

Maybe they like the adverts, 'Malaysia, truly Asia' (or Singaporey).

The quote was Kunstlers not mine, btw.

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Steady on! Probably because A. they know no better and are used to paying through the nose, B. they have to get rid of their cash before capital controls or Yen becoming worth much less, C. they are suited to humid weather and bland lifestyles and D. they are easily conned, can't speak English very well and love shopping, and E many of them are fleeing an ongoing nuclear catastrophe.

Maybe they like the adverts, 'Malaysia, truly Asia' (or Singaporey).

The quote was Kunstlers not mine, btw.

 

The nuclear explanation may be the most important part of this.

That property is not far from "little Japan", and the Japanese tend to stick together in foreign lands.

 

With Little Korea in Ampang … soon there will be Little Japan in Johor Bahru.

There are more and more attractions coming up in Johor, from Legoland to now Little Japan!

 

The intention is to attract Japanese to relocate to Malaysia. Good move, especially after last year’s drastic tsunami, I suppose more wealthy Japanese are willing to seek other countries as their second home. But are there many Japanese in Johor? I know there are many in Kuala Lumpur or Singapore. Anyway it’s great to see this development. Another boost for Johor.

Read on to know more about Little Japan …

 

little_japan_johor.jpg

 

JOHOR BARU: Japanese investors plan to develop Malaysia’s first “Little Japan” township in Taman Molek here for high net worth ethnic Japanese keen to relocate and make Malaysia their second home.

. . .

According to Fujimura, “Little Japan”, the first of its kind in Malaysia, would be aself-contained township complete with restaurants, spas, medical facilities and retirement homes for Japanese who want to live and work here.

He noted that the Japanese, who have traditionally avoided investing outside of Japan, have enormous amounts of liquid assets lying dormant in Japanese banks.

GAAM will woo these wealthy individuals to invest in Johor.

Fujimura said the response was very positive with Japanese clients buying up 50% of the 248 high-end condominium units in Molek Pine Tower 3 – a project by the Kuok Group subsidiary, Tanjung Bintang Sdn Bhd – which is marketed under the Berinda brand name.

“The developer, in view of the overwhelming response from Japanese buyers, will refit the units with special Japanese features such as Onsen-Spa facilities, Ofuro (Japanese bathtub) and Zen concept landscaping.

===

/see: http://www.propertyh...pan-johor-baru/

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LIFE IN THE CLOUDS

 

Setia-Sky-010_thumb.jpg

 

Setia Sky 88 – the most luxurious serviced apartment in Johor Bahru City Centre, located at the imminent Jalan Dato Abdullah Tahir. Situated at the place with the fastest city beat, Setia Sky 88 with its unique design retains the highest sense of privacy. Merely 2 minutes from the Customs, Immigration and Quarantine (CIQ) complex, Setia Sky 88 is the most sought after address in Johor Bahru City Centre. Designed by an international architect, Setia Sky 88 will be the height of distinguished life.

 

View details of the project here: http://www.setiasky88.com.my/

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