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Eco Botanic JB: Is It Worth Investing in 2024? (Area Review)

Summary

Quick Abstract

Explore the thriving Eco Botanic township in Johor Bahru! This update delves into the evolution of this landmark development, focusing on its vibrant commercial hub, Eco Botanic City, and the enduring appeal of its landed properties. Discover how Eco Botanic overcame initial market resistance and the challenges of the pandemic to emerge as a highly sought-after destination, especially for Singaporean buyers.

Quick Takeaways:

  • Eco Botanic City is a bustling commercial area featuring diverse businesses from Chari to tattoo studios.

  • The unique "strata landed title" concept introduced a new lifestyle, with controlled common areas and enhanced security.

  • The development connects directly to Legoland, making it a prime location for tourists and residents.

  • Eco Galleria boasts near-full occupancy, attracting a mix of F&B, retail, and service-based tenants, boosted by community events like the Bor order Festival.

  • Windor offers brand new homes within a completed phase showcasing meticulous planning.

The review underscores Eco Botanic's success in creating a desirable living and commercial environment through thoughtful design, consistent maintenance, and a strong sense of community.

This article provides an update on the Eco Botanic development, revisiting the area and highlighting the significant progress since the last visit. The development has evolved from its initial phases of residential strata landed titles to a bustling commercial hub, showcasing impressive growth and resilience.

Eco Botanic City: The Commercial Hub

Eco Botanic City serves as the main commercial hub for the entire Eco Botanic area. It encompasses various retail and commercial spaces including Eco Galleria and Boulevard. A new mixed-use development under the "dudo series" is also underway, featuring commercial activities on the lower levels and residential units above. This project has seen considerable sales success.

  • The area boasts a diverse range of businesses.

  • Traffic and activity levels are significantly higher compared to previous visits.

  • The area attracts an international crowd, with diverse cuisines and cultural influences.

The Boro Aor Event

The article mentions the "Boro Aor" event, a Japanese festival taking place in Eco Galleria. This event contributes to the vibrant atmosphere and further solidifies Eco Botanic as a destination for community engagement and cultural experiences.

Veranda: The Original Eco Botanic

Veranda represents the initial phase of Eco Botanic, launched in 2013. It was an early adopter of the strata landed title concept. This involved a shared management and maintenance structure for landed properties, a concept that initially faced market confusion.

  • Features cluster homes and semi-detached houses handed over in 2016.

  • Residents actively maintain their properties, demonstrating pride of ownership.

  • The C-desc concept has been implemented for enhanced security.

  • Houses are oriented north or south to minimize sun exposure.

Common Areas and Lifestyle

The strata format allows for well-maintained common areas, fostering a unique lifestyle. These areas, under the control of the residents' association, are car-free and secure, providing a safe environment for children and promoting community interaction.

  • Residents can easily access Eco Galleria and Boulevard via a secure and pedestrian-friendly route.

  • The design emphasizes pedestrian-friendly sidewalks and landscaping.

  • Security is prioritized, enhancing the overall quality of life.

The Windor: A New Phase Within a Completed Phase

The Windor represents a new development phase within the established Eco Botanic community. This new launch demonstrates careful planning and execution, minimizing disruption to existing residents.

  • Features private linear parks between houses.

  • The architecture promotes community interaction and outdoor living.

  • Security is enhanced with CCTV monitoring and controlled access.

Homeowner Pride and Investment

Homeowners demonstrate pride in their properties through renovations and landscaping. The area attracts foreign buyers, particularly Singaporeans, who see value in the lifestyle and community offered. Maintenance of common areas is high, demonstrating the benefits of strata living. A new launch called "The Windor" is similar in typology and expected to start from a selling price of 2.5 million.

Eco Botanic 2: Expansion and Connectivity

Eco Botanic 2 represents the expansion of the township, launched during the lockdown period. Despite the challenges of the pandemic, the development has seen strong demand, driven by its proximity to the highway and Singapore.

  • The Tiate and Borrow phases are fully sold.

  • Rental yields are attractive, with empty units fetching significant rental income.

  • Features similar design principles to the original Eco Botanic, including common areas and enhanced security.

  • Construction is underway to capture the success of the Boulevard.

Connectivity to Legoland and Beyond

A significant advantage of Eco Botanic 2 is its direct connection to Legoland via a bridge. This provides residents with convenient access to the theme park, Medini Mall, and other attractions. The area also offers easy access to Bukit Indah, JB City Centre, and the Second Link to Tuas.

Eco Galleria Revisited: A Transformation

The article revisits Eco Galleria, noting the significant transformation since the last visit. The ground floor is now almost fully occupied. The leasing team has successfully attracted a diverse range of businesses, creating a vibrant commercial environment.

  • The elevated car park is now in use.

  • Familiar brands and a mix of F&B, retail, and service businesses occupy the space.

  • Events like the Boro Aor Festival attract crowds and enhance community engagement.

Tenant Profile and Leasing Success

The tenant profile is diverse, including F&B establishments, retail stores, and service-based businesses. The leasing team's efforts have been instrumental in attracting tenants and creating a thriving commercial hub. Appointment-based businesses are located on the upper floors.

Conclusion: Resilience and Future Growth

The review highlights the developer's resilience in navigating challenges, particularly the lockdown period. The team persevered, adapting their product offerings and focusing on tenant acquisition. Eco Botanic has solidified its position as a thriving township with a strong sense of community. The focus is now on the tennancy portion of things at Eco Galleria. With upcoming projects and continued investment in infrastructure and community engagement, Eco Botanic is poised for further growth.

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