Pinetree (formerly known as Pinewood Residences) is an exclusive 2 tower development by Tiong Nam Properties at Puteri Harbour, Johor. The first tower consist of 26 storey serviced residences, meanwhile the second tower consist of 26 storey hotel. This freehold development comes with 264 units of condominium which has built-up between 674 sf to 4,378 sf. This entire project falls on a stretch of 3.23 acre land. This property was launched in early 2013 with launch price beginning from RM977 psf and the maintenance fee was set at RM0.33 psf. Pinetree comes with 5 layouts which differ by built-up, as well as the number of bedrooms and bathrooms provided. Type A is a 1 bedroom and 1 bathroom unit facing city which has a built-up between 674 sf to 947 sf; Type B is a 2 bedroom and 2 bathroom unit which have either city, marina or sea view, with a built up between 990 sf to 1,334 sf; Type C is a marina view unit which comes with 3 bedrooms and 3 bathrooms, with built-up from 1,692 sf to 1798 sf. This development comes with 2 types of penthouse which comes with either 2 bedrooms and 2 bathrooms or 3 bedrooms and 3 bathrooms, with built-up ranging between 1,937 sf to 4,378 sf.The facilities available in Pinetree are business centre, cafeteria, covered parking, gymnasium, jogging track, playground, sauna, swimming pool and 24-hour security. This residence is also surrounded by Educity, SILC (Southern Industrial and Logistic Clusters), Medical City and International Destination Resort. It's merely walking distance to Legoland, Hello Kitty Indoor Theme Park and Kota Iskandar. Besides, it is only 20 minutes drive away from Malaysian-Singapore Second Link and 25 minutes away from Senai International Airport.
Property Details
Name: Pinetree (formerly known as Pinewood Residences) Address: Puteri Harbour, Johor Developer: Tiong Nam Properties Completion Date: 2016 (estimate) Type: Condominium Tenure: Freehold No. of Blocks Residence: 1 Hotel: 1 No. of Storey: 25 No. of Units: 264 Land Area: 3.23 acres Built-up: 674 - 4,378 sf Maintenance Fee: RM0.33 psf Launch Price: RM977 psf - RM1,500 psfLayouts
Type A (674 sf - 947 sf) City view 1 bedroom + 1 bathroom Type B (990 sf - 1,334 sf) City / sea / marina view 2 bedrooms + 2 bathrooms Type C (1,692 sf - 1798 sf) Marina view 3 bedrooms + 3 bathrooms Type P1 (2,131 sf- 4,378 sf) Penthouse 2 bedrooms + 2 bathrooms Type P2 (1,937 sf- 2,894 sf) Penthouse 3 bedrooms + 3 bathroomsFacilities
Business centre Cafeteria Covered parking Gymnasium Jogging track Playground Sauna Swimming pool 24-hour securityAnalysis
Tiong Nam Properties, the developer of Pinetree has been in the property industry for quite sometime and developed numerous commercial, industrial and residential properties. Among the firm's developments are Alam Premier Industrial Park, Tiong Nam Industrial Park @ PJ, Tiong Nam Industrial Park 2 @ Shah Alam and Tiong Nam Business Park @ SiLC 5. The developer offers Developer Interest Bearing Scheme (DIBS) & free SPA legal fees for the early bird buyers.Pinetree is strategically located, yet it's important to note that this residence is overpriced compared to the other properties in the surrounding. Teega, another property development located next to Pinetree was only priced at RM700 psf and were sold out within few days as the price was still considered to be affordable. But the smallest unit in Pinetree itself was priced at RM977 psf and the launch price increase for the bigger built-up units. Yet the buyers will have plenty of options to choose from since the neighbourhood is going through massive developments.
