Somerset (also known as Somerset Puteri Harbour) is a luxury service apartment which is currently being developed in the vicinity of Nusajaya. Developed by Nusajaya Consolidated, this project is estimated to be completed by 2014. Covering a land area of 13.2 acres, this freehold residence comes in two blocks, which offers a sum of 168 units. A total of 5 storeys will be available and the built-up of the units varies between 762 sf to 3,650 sf. The entire project is expected to get a gross development value of RM180 million. This residence also comes with a pristine waterfront and marina view. As for the layouts, Somerset comes with studio units, 1-bedroom units, 2-bedrooms units, 3-bedrooms units, as well as penthouses. The penthouses have a built-up of 3,650 sf. This luxury project also comes with high class facilities which will provide a cosy living for the residents and among the facilities provided are gymnasium, swimming pool, wading pool, restaurant, lounge, viewing deck, 24-hour security, barbecue area, jacuzzi and sauna. After completion this residence would be managed by multi-award winning The Ascott Limited, a member of Capitaland.In terms of amenities, Somerset is located 20 minutes away from Malaysia - Singapore Second Link and 25 minutes away from Senai's International Airport. Located quite close to our neighbouring country Singapore, Somerset is surrounded by Educity, SILC (Southern Industrial and Logistic Clusters), Medical City, Afiat Healthpark and International Destination Resort. It is merely walking distance to Legoland, Hello Kitty Indoor Theme Park and Kota Iskandar, whereby it's strategic location will obviously attract foreign investors.
Property Details
Name: Somerset (also known as Somerset Puteri Harbour) Address: Puteri Harbour, Nusajaya, Johor Bahru, Johor Developer: Nusajaya Consolidated (UM Land & UEM Land) Completion Date: 2014 (estimate) Type: Serviced Apartment Tenure: Freehold No. of Blocks: 2 No. of Storey: 5 No. of Units: 168 Land Area: 13.2 acres Built-up: 762 - 3,650 sf Launch Price: RM720,000 - RM4,500,000Layouts
Studio 1 bedroom 2 bedrooms 3 bedrooms PenthouseFacilities
Gymnasium Swimming pool Wading pool Restaurant Lounge Viewing deck 24-hour security Barbecue area Jacuzzi SaunaAnalysis
Somerset was developed by Nusajaya Consolidated, a join ventured firm between UM Land and UEM Land. These renowned developers had previously launched properties namely Nusa Bayu, Impiana, Imperia, Nusa Idaman, East Ledang, Arcoris and 28 Mont Kiara. Upon completion, Somerset would be managed by The Ascott Limited, for the next 10 years (until 2024) and buyers can either move in or lease the property to the firm. The Ascott Limited has 27 years of experience in managing serviced residences and hotels and have won multiple awards to date.Somerset was launched with the price of RM720,000 to RM4,500,000 in the year 2012. Even though, most people would consider this as overpriced, yet this property was sold out within few months. After the property was launched in Singapore, only 12 units were available for sale in Malaysia. Almost 90% of the buyers were Singaporeans and with their currency, the price is considered to be affordable. The value of this property will increase more once the development is completed.
