Vantage Bay
Vantage Bay is set to become the biggest and most iconic integrated development in Iskandar, Malaysia.
The integrated project in Johor Baru city centre is just 1km from the customs, immigration and quarantine complex.
The close proximity to Singapore suggests the project is poised to set this mega project as the most important development in Iskandar.
The project spans 9.23ha or 13 international-sized football fields.
Rowsley, part-owned by billionaire Peter Lim, revealed some details of the Vantage Bay project.
It will include a twin tower, set to become one of the tallest condominiums in Malaysia, with striking views of the Strait of Johor and Singapore's skyline. There will also be a mall as big as Singapore's largest, VivoCity, with a net lettable area of one million sq ft, a hotel and office blocks. It is truly an exciting mixed use development in Iskandar.
A major bonus: It will be connected to a medical hub run by Thomson Medical Hospital, which will include medical suites and step-down care like apartments.
Thomson Medical is part- owned by Mr Lim and Johor's royal family while the Vantage Bay site is 70 per cent owned by Mr Lim and the rest by Johor royalty.
The project, with an expected plot ratio of 11, is in good hands. RSP Architects Planners & Engineers, Singapore's most established and leading architect firm which was just appointed to undertake the iconic Jewel project in Changi, is in charged of the project's design.
According to Vantage Bay chief executive and Rowsley executive director Ho Kiam Kheong, the residential units will be launched by the first quarter of 2014. The project will be completed phase by phase, expected to be fully finished in 10 years.
"This is not going to be just another ghost town. It will be a seamless experience and a truly integrated township," he said.
"We are going to have pedestrian walkways in the centre, which will have an open space and lots of shrubs with shelters and alfresco dining outlets which will light up at night... like Clarke Quay."
Mr Ho Kiam Kheong said: "We are obviously disappointed as developers over the cooling measures, but they indicate that market demand is strong and will take out the speculative element."
The lifestyle-cum-wellness project could rival other projects in Nusajaya, a pivotal part of Iskandar's growth, taking in Puteri Harbour and Medini.
He said: "The key difference is that in Puteri Harbour or Medini or Nusajaya, there are many developers coming together to make it work.
"That is a challenge as developers have their respective commercial interests to safeguard and 'inertia' could set in.
"The mindset of 'you go first, I'll come after you' is going to be a challenge for the project to really take off at a faster pace."
With many important developments are taking place, Vantage Bay is set to take advantage of the rapid progress of Iskandar development.
In 2014, the year where Iskandar will again be a magnet to propery invesotrs, will see Vantage Bay receiving overwhelming response when it launch.
The integrated project in Johor Baru city centre is just 1km from the customs, immigration and quarantine complex.
The close proximity to Singapore suggests the project is poised to set this mega project as the most important development in Iskandar.
The project spans 9.23ha or 13 international-sized football fields.
Rowsley, part-owned by billionaire Peter Lim, revealed some details of the Vantage Bay project.
It will include a twin tower, set to become one of the tallest condominiums in Malaysia, with striking views of the Strait of Johor and Singapore's skyline. There will also be a mall as big as Singapore's largest, VivoCity, with a net lettable area of one million sq ft, a hotel and office blocks. It is truly an exciting mixed use development in Iskandar.
A major bonus: It will be connected to a medical hub run by Thomson Medical Hospital, which will include medical suites and step-down care like apartments.
Thomson Medical is part- owned by Mr Lim and Johor's royal family while the Vantage Bay site is 70 per cent owned by Mr Lim and the rest by Johor royalty.
The project, with an expected plot ratio of 11, is in good hands. RSP Architects Planners & Engineers, Singapore's most established and leading architect firm which was just appointed to undertake the iconic Jewel project in Changi, is in charged of the project's design.
According to Vantage Bay chief executive and Rowsley executive director Ho Kiam Kheong, the residential units will be launched by the first quarter of 2014. The project will be completed phase by phase, expected to be fully finished in 10 years.
"This is not going to be just another ghost town. It will be a seamless experience and a truly integrated township," he said.
"We are going to have pedestrian walkways in the centre, which will have an open space and lots of shrubs with shelters and alfresco dining outlets which will light up at night... like Clarke Quay."
Mr Ho Kiam Kheong said: "We are obviously disappointed as developers over the cooling measures, but they indicate that market demand is strong and will take out the speculative element."
The lifestyle-cum-wellness project could rival other projects in Nusajaya, a pivotal part of Iskandar's growth, taking in Puteri Harbour and Medini.
He said: "The key difference is that in Puteri Harbour or Medini or Nusajaya, there are many developers coming together to make it work.
"That is a challenge as developers have their respective commercial interests to safeguard and 'inertia' could set in.
"The mindset of 'you go first, I'll come after you' is going to be a challenge for the project to really take off at a faster pace."
With many important developments are taking place, Vantage Bay is set to take advantage of the rapid progress of Iskandar development.
In 2014, the year where Iskandar will again be a magnet to propery invesotrs, will see Vantage Bay receiving overwhelming response when it launch.
Source...