One of the top-selling property in Iskandar Malaysia in 2014, with all 400 luxury residential units released in phase one snapped up at an approximate price of RM1,380 psf. Among the buyers, half were Singaporeans, with 20% Malaysians and the rest made up of global buyers from 26 other countries, lending an international community feel to the Puteri Cove Residences.
Puteri Cove Residences & Quayside comprises of two towers of 658 luxurious apartments, a tower of servied suites and four blocks of SOHO/lofts, as well as the Puteri Cove Quayside, a two-level waterfront promenade with retail and F&B offerings. The development is located in Puteri Habour, Iskandar Malaysia, which is also in close proximity to the Gleneagles Medini Hospital and Kota Iskandar, as well as the abovementioned schools and attractions.
The Puteri Cove Residences is the only development in Iskandar Malaysia to offer over 30 world-class facilities including an Olympic-sized 50-metre infinity lap pool and a spectacular Sky Library and Reading Loft set in a lush, tropical resort sanctuary. Designed by NRY Architects, the same architects behind the exclusive Four Seasons Hotel and Residences in Kuala Lumpur, Puteri Harbour is deftly impassioned as the meeting point between the city and the sea, where modern luxury meets lush greenery and clear blue waters.
For the keen yachting enthusiasts, they will be pleased to find out that the Puteri Habour Private Marina will be jointly developed and operated by UEM Sunrise Berhad and One Degree 15 from Singapore, where approximately 280 berths will be available, with 100 allocated to residents.
Modelled after much sought-after waterfront lifestyle destinations such as Monaco and Sentosa Cove, the Puteri Cove Quayside will offer the entire Puteri Habour precinct the ultimate in marina-front dining, leisure and shopping pursuits for affluent and well-heeled residents and tourists alike. Managed and curated by the developer, The Pacific Star Group and DB2 Group, the tenant mix will be sure to include a quality mix of speciality retail stores, restaurants and cafes that will meet the needs and whims of even the most discerning of residents and visitors.
Scheduled to be completed in the third quarter of 2017, the SOHO/loft units will be anchored above the Puteri Cove Quayside and overlook the waterfront, promenade, and retail, dining and private marina activities, coupled with stunning views of the sea and Singapore skyline. The double volume 4.8 metre high ceilings, floor-to-ceiling windows with bedrooms that open to private dipping pools provide a sophisticated, opulent, private and modern feel to the units.
With a fair number of options offering seamless accessibility in the near future, including a ten-minute drive via Tuas second Link, by ferry between Puteri Habour and Singapore’s Habourfront and the Singapore-Kuala Lumpur high-speed rail scheduled for completion in 2020, the Puteri Cove Residences is seen as an ideal second home that offers high potential returns within a stone’s throw away from Singapore.
With prices starting from S$448,000 (RM1.19M) with units starting from 439 sq ft to 2,600 sq ft for retail units where the buyers will also receive the highest fixed returns in the market of 19.5 per cent over three years as part of the compulsory lease-back agreement to curate the tenant mix by the developer.
In addition to a limited number of 50 select apartments for new buyers in conjunction with SG50 celebrations this year priced at S$338,000 (RM913,000) for a 1+1 bedroom apartment, the first-time release of the 56 SOHO/loft units will see them priced from S$555,000 (RM1.48M), with units ranging from 644 sq ft to 1,828 sq ft, and come in ready-to-move-in conditions complete with high-quality finishing and fixtures, with more than adequate storage for well-travelled fashionistas.
For more information, visit:
Singapore Sales Gallery
ERA Sales Office, 229 Mountbatten Road #03-01, Singapore 398007
Malaysia Sales Gallery and Show Suites
Tanjung Boulevard, Lebuh Laksamana, Puteri Habour, 79000 Nusajaya