EXCLUSIVE REPORT ISKANDAR PUTERI MALAYSIA’S PERSPECTIVE OF THE FUTURE SMART CITY As a greenfield development, Iskandar Puteri, previously known as Nusajaya, has gone through two growth phases - infrastructure and property development. Iskandar Puteri is projected to be a unique melting pot of business and culture for Iskandar Malaysia. Being one of the largest property developments in South East Asia, it aims to create synergies between Malaysian and Singaporean economies. In this issue, Property Hunter highlights the transformation of Iskandar Puteri from its palm oil plantation days to its economically vibrant city today. By Property Hunter Johor Premium Outlet www.PropertyHunter.com.my 1 EXCLUSIVE REPORT Pinewood Iskandar Malaysia SiLC (Southern Industrial and and spacious luxury resort homes THE BRIDGING OF OPPORTUNITIES Studios Logistics Clusters) nestled within 7 parks featuring 31 Located on a 49 acres site, Pinewood SiLC is Iskandar Puteri’s premier hidden, intimate and lush gardens. ISKANDAR PUTERI Iskandar Malaysia Studios is a studio industrial and environmentally Covering 275 acres, the lake, forest, complex which targets the Asia-Pacific sustainable development. Spanning wetland and canal themes are Iskandar Puteri, a newly developed planned city in Johor Bahru District, has never been intended to attract region. The state-of-the-art facilities across 1,300 acres of neighbouring combined together with tropical the agriculture or manufacturing industries. Thought to be a signature and catalytic development billed as in the studio include 100,000sqft of development-ready land, SiLC landscaping, celebrating the beauty The World in One City, its convenience to Singapore and lower cost base makes it a primary location for film stages, ranging from 15,000sqft features advanced, innovation-driven of nature. This development has the global business services (GBS) outsourcing industry. to 30,000sqft. The 30,000sqft stage industries augmenting the value received international recognition by has a water tank for productions that chain of integrated ‘clean’ industrial being awarded Best Development Formerly known as Nusajaya, the Country Risk Notes require work on or under water. The sectors in four major areas – advanced Malaysia (highly commended) at city adopted the forename, Iskandar studio houses 2 TV studios, each at technology, health & nutrition, the Bloomberg Asia Pacific Property China, Hong Kong, India Too expensive & Cooling measures, anti-speculation, low Puteri, on January 1st, 2016. Yayasan and Singapore restrictive loan quantum, foreign buyers restriction 12,000sqft. In spring 2015, the studio logistics, and biotechnology. SiLC is Awards 2010. It was also recognized as Warisan Johor historical research was used for the filming of a Chinese complete with full fibre world-class one of Southeast Asia’s 20 Best Resort Australia, Japan, Korea, Too slow Stable, mature, strong anti-speculations officer Kamdi Kamil said Iskandar New Zealand, Taiwan measures in places for a long time action film, Lost in the Pacific. The ICT connectivity, an imperative to Developments by Property Report Puteri was the appropriate name to Cambodia, Indonesia, Too risky Weak secondary market, lower standard reputable studio was also used to support 21st-century industries and Southeast Asia’s i-Property Awards replace Nusajaya as it complements the Laos, Philippines, of living, not suitable to those without film Marco Polo, an American drama businesses. 2010. existing waterfront development Puteri Myanmar, Thailand, holding power Vietnam web television series. The world-class Harbour and the state administrative filming facility will be a catalyst to Afiat Healthpark Horizon Hills Malaysia Low cost, faster Relatively developed, no language centre Kota Iskandar. growth, less issues, close to other Asia Pacific transform Malaysia into a destination Iskandar Puteri’s Afiat Healthpark is Spanning across 1,200 acres, Horizon risky countries, less restrictions on foreign for filmmakers worldwide, aiming to tailored specifically towards developing Hills is an integrated residential Serving as the heart of Iskandar property ownership bring in RM1.9 Billion and create more healthcare facilities to meet the township complete with a private Malaysia, Iskandar Puteri, a city at increasing local and regional demand 18-hole Par golf course. Regarded as of international standing with four Campus (USMC), University of Reading than 11,000 jobs by 2020. 22,000 acres, is projected to be a for premier and all-inclusive healthcare one of the best golf course residential carefully planned zones. Comprising Malaysia (UoRM), Netherlands Maritime unique melting pot of business and Kota Iskandar services. Dedicated to bringing properties in Johor Bahru, Horizon Hills of 2,273 acres, Medini is now home Institute of Technology (NMIT), Raffles culture for Iskandar Malaysia. Just Kota Iskandar, Johor’s new together health and wellness services takes full advantage of its unrivalled to Legoland Theme Park, Pinewood University Iskandar (RUI), -Multimedia under half of the entire Iskandar administrative centre, is a in one location, Afiat Healthpark sees location of a mere 30 minutes’ drive Iskandar Malaysia Studios and just a University (MMU), Management Puteri land bank is being developed development comprising Johor State the establishment of private hospitals, to Singapore. A strategic joint venture stone throw’s away from EduCity. Development Institute of Singapore by UEM Land Berhad, a wholly-owned and Federal Government offices, set specialist clinics, health screening, development between Gamuda (MDIS), Johan Cruyff Institute Malaysia subsidiary of UEM Land Holdings amongst landscaped gardens and centre, rehabilitation and dialysis Land and UEM Sunrise raises the EduCity (JCIM), and Primary and Secondary Berhad. parks. Designed to house more than centres and facilities for modern, benchmark for property development EduCity Iskandar Malaysia (EduCity) is a Trust Schools. As an Entry Point Project 6,000 civil servants and 76 state and traditional and complementary in Johor. pioneering multi-varsity education hub (EPP) under the education National Signature federal government departments, Kota medicines (TCM) in a 68-acre located in Iskandar Puteri, housing the Key Economic Area, EduCity aspires to Developments Nusa Idaman celebrated universities and institutes Iskandar is expected to handle more development. Previously known for its Greenfield create Asia’s first “best-in-class” higher than 1 million transactions a day. Kota Nusa Idaman is a mixed development of higher education such as Newcastle education destination with a superior site and home to palm oil plantations, Residential Developments in spanning 250 acres in the suburbs University Medicine Malaysia (NUMed), Iskandar stands majestically on 320 Medini is rapidly transforming into urban environment in which students acres of manicured gardens and parks Iskandar Puteri of Iskandar Puteri. This mixed Marlborough College Malaysia (MCM), and staff can live, work, study and play. an integrated urban municipality Iskandar Puteri Residences combine development was the first in Malaysia University of Southampton Malaysia as a symbol of a new attitude towards government efficiency. the best of urban living and the to introduce anti-termite homes, refreshing, de-stressing power of precinct concept, single entry and Puteri Harbour nature. Complemented by modern exit points, low density, lush parks Puteri Harbour is the jewel of Iskandar conveniences and infrastructure, each and family recreation space. This Puteri that spans 688 acres offering development will boast signature residential precinct is adjacent to a a panoramic view of the Straits of topographies that distinguish it from 650-acre urban forest (Regional Open Johor. The Harbour is designed to the rest. Among the residential areas Space) and features a large linear park. bring world-class waterfront living being developed are Estuari, Horizon The development components of to Malaysia. Located adjacent to the Hills, Ledang Heights, Nusa Bayu, Bukit Nusa Idaman comprise of residential majestic Kota Iskandar, Puteri Harbour Indah, and Nusa Idaman to name a and commercial units, kindergarten, offers the experience of unique few. primary school, mosque, a community waterfront living, dining, entertainment, hall, public field, recreation lake, petrol and the arts and culture in a safe and East Ledang stations, landscaped parks and vista scenic natural setting. East Ledang is UEM Land’s most points. Aerial view of Nusajaya prestigious offering with contemporary 2 www.PropertyHunter.com.my www.PropertyHunter.com.my 3 “ “ EXCLUSIVE REPORT Game Changer With the iconic High-Speed Rail’s Regional Development Authority (IRDA), Malaysia’s largest single urban development to date will become the smart and location in Iskandar Puteri announced demand from investors have remained “With the presence of key connected Central Business District of Iskandar Puteri. The gross development “We are positioning Medini by both the Singaporean and Malaysian strong with a recorded total cumulative catalytic developments value of Medini stands at approximately RM87 billion spanning 15 to 20 years. Iskandar as a smart and Prime Ministers in July this year, committed investments of RM202.45 ranging from tourism and connected township with Gerbang Nusajaya is fast taking shape billion from 2006 until March 2016. leisure healthcare and Medini Iskandar is divided into four main clusters.