On February 13th, an exciting new integrated development was announced for Johor Bahru (JB), Malaysia. This project, situated directly above the Johor Bahru RTS (Rapid Transit System) station, promises to be a game-changer for the area.
Project Overview
The development is a collaboration between Sunway Group, one of Malaysia's largest conglomerates, and Malaysia's MRT Corp, which is owned by the Malaysian government. They have signed an agreement to build this integrated development directly above the Johor Bahru RTS station. The design is said to resemble integrated developments in Singapore.
-
The announcement has generated significant buzz, with many online commenters praising the project's design.
-
Artist renderings depict a visually appealing complex.
Location and Accessibility
The development's location is a major selling point.
-
It is situated directly above the RTS station.
-
Key landmarks nearby include R&F Princess Cove, the JB City Square shopping mall, Komtar JBCC, and the KSL City Mall.
-
The KTM train to Kuala Lumpur (KL) is also accessible from this location. This train offers a convenient way to travel to KL Sentral in approximately three to four hours.
Sunway's Involvement
Sunway Group, the project's developer, is a well-established company with a diverse portfolio.
-
They are involved in property development, construction, healthcare, and education.
-
Sunway has a reputation for good build quality, with minimal defects in their Malaysian projects.
-
They are also the main contractor for the RTS infrastructure portion.
-
Sunway also has property projects in Singapore.
Integrated Development Features
The development is designed as an integrated space.
-
It will include residential, commercial, and hospitality components (hotel).
-
Smaller education and healthcare facilities are also planned.
-
The project will feature direct access to the RTS station (MRT), a bus terminal, and a shopping mall.
Comparison to Singaporean Integrated Developments
Integrated developments are popular in Singapore.
-
Singaporean integrated developments typically include an MRT station, bus interchange, a shopping mall, and residential units (condominiums).
-
These developments often command high prices and sell well.
-
The Johor Bahru project is expected to be the first integrated development of its kind in JB due to its integration with the RTS station.
Potential Pricing and Timeline
The developer has not yet released pricing details or a specific launch date.
-
The entire development is expected to take approximately eight years to complete, potentially finishing around 2033 or 2034.
-
The project will likely be developed in phases, with residential and commercial components potentially launched separately.
-
Given its prime location directly above the RTS station, the project's pricing is expected to be premium, and could potentially reach 2,000 Singapore dollars per square foot.
Naming Suggestions
The project's official name has not yet been announced. The speaker suggested some names such as:
-
Sunway JBCC Residences
-
Sunway Marina Bay (but felt it was weird)
The speaker also asked for the viewers to contribute names.
Overall Impression
The speaker expressed strong enthusiasm for the project.
-
They see it as a highly desirable investment opportunity in JB.
-
They predict it will be a "JB Project of the Year" contender.
-
The key question is the pricing and unit layouts, which are yet to be revealed.
The speaker will contact Sunway to gather more information and share it with viewers in a future update.
{# 
{# 
{# 
{#