The Suasana a hidden gem of JB City Center Iskandar

Since the rolling out of the cooling measures in October 2013 and the concern of oversupply issues, buying sentiment of Iskandar developments has been dampened. Iskandar sales of condominiums and apartments for the first three-quarters of last year fell 23 percent year on year to 1,368 units, according to most recent figures from the National Property Information Centre (Napic) as reported in The Straits Time on Feb 10th 2016. 

Despite these issues, there are some Singaporeans still purchasing new homes in Iskandar over the past couple of years. Many are buying for the long-term prospect and using it as their second home.

With the weaken Malaysian ringgit and several key catalyst projects in the pipeline at JBCC set to take off, it is perhaps an opportune time to revisit Iskandar for investment opportunities as there are gems worth considering. The key is to buy at a location with good accessibility and conveniences and near major catalyst projects. 

One of the gems worth considering is the Suasana Iskandar. It is a mixed development by UM Land that was first launched in October 2013, just before the cooling measures was unveiled, which was an inopportune time. Despite this, the Susana Iskandar sold over 60% of the development.  

What makes the Suasana Iskandar an attractive investment opportunity now is that it is sited at the heart of the Johor Bahru City Center which, on Nov 22, 2015, the Sultan of Johor had set the target to transform it into the second biggest city in Malaysia after Kuala Lumpur. The RM20 billion (S$6.7 billion) transformation plan to redevelop it into an international business district, will be called the Ibrahim International Business District (IIBD), named after Johor Sultan Ibrahim Ismail, who celebrated his 57th birthday on that day when he launched the project.

It is evident that the Sultan of Johor is determined the southern city was poised to make the grade when he further officiated the launch of an RM3 billion 2.6-ha complex called Coronation Square to commemorate the coronation of Sultan Ibrahim in March this year. This will be the jewel of the upcoming IIBD which will come up on the site of the old bus and taxi terminal, at Jalan Trus. This is just in adjacent of the Suasana Iskandar site.

Located between Jalan Wong Ah Fook and Jalan Trus, the Suasana Iskandar is a tri-development consisting of an international hotel to be operated by Amari, an entertainment and retail complex with a 335 residential tower above it.

When completed by third quarter next year, Suasana Iskandar will immediately benefit from the conveniences at the newly completed Komtar shopping mall just opposite which also connects to the City Square JBCC shopping mall  It is also just 5 to 10 minutes walk from the Johor CIQ Complex and near the upcoming Johor Baru-Singapore Rapid Transit System (RTS Link).

Officials are also looking to link the malls and major buildings in the area with overhead pedestrian bridges, which some have dubbed Skywalks, similar to the popular pedestrian walkways in Bangkok.

While things seem to slow down at Johor but the truth is that the transformation of Iskandar is swift. This is apparent from the changing JB City Center skyline over the past 3 years. At Nusajaya, the key catalyst projects such as Legoland, EduCity and Pinewood Studios and Iskandar industrial parks are completing on schedule. While upcoming the key upcoming catalytic projects such as the Ibrahim International Business District (IIBD), the High-Speed Rail (HSR), the Johor Baru-Singapore Rapid Transit System (RTS Link) and Coronation Square, which would push JB for the second city status, are already set in motion.

The Suasana Iskandar is poised to take advantage on these catalyst projects. Be sure not to miss this gem.  Huttons International will soon be marketing the Suasana Iskandar for sale in Singapore at the end of Oct to November.  Click here to for information on securing your choice unit.

The Colony KL by Infinitum, KL new condo launch by Singapore developers proven a draw with local young professional and Singapore investors

Along with superb view, superb facilities and excellent pricing, The Colony by Infinitum is just about every single professional’s goal. Envision living and doing work in a peaceful haven without needing to compromise accessibilities and the active urban way of life.

Set to grace the Kuala Lumpur landscape is a joint venture development involving Singapore’s pioneering property builders Macly Group and Roxy-Pacific Holdings Ltd known as The Infinitum. The project which is situated directly beside Quill City Mall within the exclusive Jalan Dewan Sultan Sulaiman is a sleek and stylish dual-key mixed development project that consists of two distinctly unique tower blocks, The Colony (Block A) and The Luxe (Block B).

The 723-unit The Infinitum will be developed in a couple of phases, beginning with The Colony by Infinitum that was sales previewed in October last year, and soon to be followed by its more luxurious sister, The Luxe, this October 2016. With the collaboration of Roxy-Pacific Holdings Ltd’s longstanding reputation as a developer of condo properties targeted at middle to upper middle-income sectors and Macly Group’s expertise in building compact and inexpensive “shoebox” flats, Infinitum has more than just uniqueness to render.

The Colony by Infinitum, which is the lower-rise tower block, is made up 423 units spread over 33 storeys with built-ups between 705sq ft to 1, 155sq ft that are available in a variety of floor plans.

Every unit is fitted with built-in kitchen cabinets along with electrical appliances, sink and tap while the bathroom goes along with the standard outfits and other extra goodies such as water heater along with air conditioning. All of the recreational facilities are located at the the tower's roof top Club Floor for the residents of both The Colony and The Luxe to enjoy on its completion. Among these facilities are a business lounge, indoor dining, resident’s lounge, swimming pool, Jacuzzi, sauna, bbq section, a children’s playground and a gym among others.

Beyond the floor to ceiling glass pane of the club floor is a breathtaking view of the KL City’s skyline and of the Petronas Twin Towers which will be presented upon the residents while they go about taking pleasure in these amenities. Below it lies a three levels shopping mall that provides a total of 31 retail outlets with all the conveniences at the doorsteps for the residents of The Infinitum.

The Colony by Infinitum is predicted to draw in those who are working either a start-up, working from home or even those who goes KL for business. The dual-key layout makes it simple to run a business in half of the unit while living in another half and removes the necessity to stay in a hotel.

The Colony by Infinitum is selling out quick so don't pass up on the chance to own an affordable condo in the excellent location at the City Centre of KL with just SGD15k downpayment. Click here to discover more on how to acquire your choice unit today.