Johor Bahru, RM 31,239,054
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BrochureDescription
FREEHOLD DEVELOPMENT LAND INSIDE FLAGSHIP ZONE "A" OF JOHOR BAHRU CITY CENTRE DANGA BAY INTERGRATED WATERFRONT CITY MASTERPLAN
Subject land falls within the Iskandar Malaysia Flagship Zone "A" proposed Johor Bahru City Centre Danga Bay Integrated Waterfront City, a World Class Waterfront Destination by Iskandar Waterfront Holdings Malaysia. It will eventually form the integral financial and commercial hub of the proposed Central Business District (CBD)Singapore-Malaysia Causeway.
Subject land is a 4.781 acres freehold development land gazetted and zoned by Johor Bahru City Council Town Planner for commercial or mixed development use.
Subject land is only 1.5Km from Johor Bahru Custom check point, and high-rise buildings up to a maximum height of 35 storey with a plot ratio of 1:6 are allowed to be built on the land by the Johor State Planning Department.
Subject land is sandwiched between Jalan Tun Abdul Razak and Jalan Kebun Teh Lama, and is walking distance from Danga City Mall.
Subject land is ideal for lifestyle development conceptualizing the successful Solaris Dutamas in Sri Hartamas whereby the fore front are occupied by rows of contemporary upscale esplanade with 6-storey retail and commercial hub flanked with chic and classic restaurants for the day crowd of working executives as well as businessman, while at the same time offers fine and exquisite dining experience for food enthusiastic who seek authentic local and foreign cuisine.
The hub should house posh and al fresco café’s for all day and night chill out by the affluence, both locals, Singaporeans and expatriates, as well as designer fashion houses.
Supporting the hive of activities at this esplanade will be the high-rise and high-end 35-storey condominiums behind.
Subject land is on a high ground thereby any proposed high rise development will command an impressive and panoramic view of Johor Bahru city as well as Singapore, given its proximity to Singapore.
The value of this property will be fully unlocked and this iconic land mark will be a hot spot smacked right in Johor Bahru City Centre, attracting and magnetizing people from all walks of life to live in the tightly guarded and secured condominiums as well as to take ownership of the retail and commercial hub to capitalize on the potential lucrative property appreciation on the back of a vibrant, business friendly and safe haven.
Property Details
- QuikPro No:UP1350786
- Property Type:Commercial Land
- Land Area:4.781 acres
- Asking PriceRM 31,239,054
- Asking Price psf :RM 150
- Posted Date:07/05/2012
Send An Enquiry Now
- Name :Terence Lim
- Company :MIP PROPERTIES
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