Marina Cove is another one of IOI Properties prestigious projects in Johor Bahru which is being handled by Trilink Pyramid a wholly owned subsidiary of IOI Properties. It is set on the southern part of the state that is minutes away from the checkpoint, and is expected to be completed by August 2017. The land which the property is being built on is freehold.Marina Cove will be a mixed development that will consist of office buildings, commercial hubs, hotels, retail complexes and residential units. The whole development will consist of a sprawling 37.7 acres. There has not been much information released on the developments as of yet except for the sizes of the luxury serviced apartments. Sizes for the studio apartments will start from 520 sf, 2-bedroom apartments will start from 790 sf and the 3 bedroom apartments will start from 1,100 sf. Registration is open but the prices have not been announced as of September 2013. This Marina Cove development is targeted to the privileged. It will be set on the waterfront of the Tebrau Coast so residents will get to take evening strolls along the waterfront, while both office and condominium tenants will have the privilege of luxuriating in the evening view of the city line and waterfront. As it will be a fully integrated development, eateries and retail outlets will be available for both office workers and tenants to take full advantage of. It has not been announced, but it has been hinted that the development will have cutting edge architecture especially since the renowned AXIS Architect Planners will have a hand in the development. It is also hinted that the community will have an adequate supply of facilities and a collection of thematic landscape amenities. As the Marina Cove is expected to be the next thriving business hub of Johor Bahru, it is set within easy driving distance of shopping complexes, international schools, hospitals and clubs. Giant hypermarket, AEON, Excelsior International School and The Japanese School are all within easy driving distance. Golfers will be pleased to know that the Star Hill Golf Club, Austin Hill Golf Resort, and Permas Jaya Golf Club are also close to home.Marina Cove will be highly and easily accessible via the Eastern Dispersal Link which is linked to the North-South highway. Besides that, it is set only 10 minutes away from the Woodlands checkpoint, 5 minutes to the Tebrau Highway and 3 minutes to the Sultan Iskandar Customs, Immigration and Quarantine (CIQ) Complex. Tenants will also be a mere 5 minutes drive away from the Singapore-JB Rapid Transit System that is scheduled to be completed in 2018.
Property Details
Name: Marina Cove Address: Plentong, 80300 Johor Bahru, Johor Developer: IOI Properties Completion Date: Aug 2017 (estimate) Type: Serviced Residence, Hotel, Office Tower & Retail Lot Tenure: Freehold Land Area: 37.7 acresAnalysis
IOI Properties is one of Malaysia's most successful leading developers whose majority of development of land banks lie in Johor, Penang and Klang Valley. Their award winning developments are Seascape from Singapore, the Palm Garden Golf Club in Putrajaya and the Putrajaya Marriot Hotel & Spa, which won them The Edge's Malaysia Top 10 Property Developers Awards from 2003 - 2009 and the FIABCI Award Of Distinction For Best Hotel Development in 2003 amongst the few, and they have the SIRIM MS ISO 9001:2000 Certification For Development of Residential Property status. The Marina Cove will probably be another one of their award winning projects. It is well located at the border of Johor and Singapore which will attract many Singaporeans who are looking for more affordable homes across the border. As the development is set so close to the border, Singaporeans need only take a short drive to work everyday. The only traffic problems they will face will be the daily never ending crawl at the borders during rush hour. Businessmen looking for a good office location will be advised to take a look at this development when it is completed because if the plans are successful, Marina Cove will become a very busy business centre when it is completed.Registration is open for the residential units now, and interested buyers may take a look at the official website to register themselves. This development will be good as an investment as the price will increase in the long run as the development is being built as can be seen by the current property trend in Malaysia. Interested home buyers looking for a permanent home in Johor will want to consider this place as well, as they will have the best of all the amenities.
