The advent of Iskandar Development Region has made Johor Bahru an unlikely player in the real estate market. The residential boom has boosted the area property value along with the rise in investment opportunities from international parties within the area. The latest property to line the area is the leasehold serviced apartment Seasons Luxury Apartments by Teori Warisan Sdn Bhd. This will mark the first development by Teori Warisan having amassed a string of successes in constructions of high rise buildings, factories and office buildings as well as the manufacturing industry in pile manufacturing, precision machining and automotive parts.
Determined to create a good first impression, the developers of Seasons Apartments have built a well thought out and sufficient home environment. Akin to the clever marketing of the Beckhams purchasing the Palm Jumeirah triggered a surge in the publicity and sales of the property, Teori Warisan is employing the same tactic by promoting the purchase of one of the Seasons penthouse unit by Malaysian athlete Datuk Lee Chong Wei. The tactic has worked well in generating public interest in the property, which allows the marketing of the residence’s more prominent qualities such as its all round low maintenance fees and unit listing price. Aside from that, the apartment is a powerhouse of top level security with a 4-tier security ensured for its residents. This includes access card entry through the guard house entrance, car park entrance, lobby entrance to the elevator and designated floor entry. In addition to that, there will be 24 hours CCTV surveillance, and guard patrol as well as visitor intercom system.
The Seasons is strategically located in the Iskandar region such that it is a mere five minutes away from the Customs, Immigration and Quarantine complex (CIQ) that serves as a checkpoint to Singapore from Malaysia, and the train station to Singapore. The township of Amara Larkin where Seasons is located is a five minute drive away from the Johor Bahru city center. It is easily accessible via Tebrau Highway, Inner Ring Road, Jalan Tun Abdul Razak and Jalan Kebun. Entertainment hubs KSL, JBCC, City Square, Holiday Plaza and Plaza Angsana are a five to eight minutes drive away from the apartment. Important education and medical facilities in the vicinity include Foon Yew High School, Omega Private School, Putri Specialist, Hospital Sultanah Aminah, and Johor Specialist Centre.
In addition to facilities such as the cutting edge security, residents of Seasons Apartment will get to enjoy unlimited benefits from facilities such as the swimming pool, kiddie splash pool, clubhouse, sky park, gymnasium, cafeteria, sauna, laundry, multi-purpose hall, games room, reading room, child care centre, table tennis room and karaoke room.
The development which covers 7 acres of land will be launched in two phases. There will be a total of four apartment towers each representing the four seasons. Tower A, B, and C will hold 20 storeys and Tower D will hold 21 storeys. Each tower will consist of 248, 261, 228 and 239 units respectively. Tower A and B will contain 15 units per floor and 3 elevators whilst Tower C and D will contain 13 units per floor and 3 elevators servicing residents. Phase 1 launch of Seasons will comprise of units with a built up area of 685 sq ft to 1,195 sq ft, while Phase 2 launch will comprise of units with a built up area of 853 sq ft to 1,286 sq ft. Six apartment layouts will be available to choose from, with type A to D coming in the sizes 1,052 sq ft to 1,286 sq ft and carrying 3 bedrooms and 2 bathrooms. Type E at 853 sq ft will come with 2 bedrooms and 2 bathrooms while Type F at 685 sq ft will come with 1 bedroom and 1 bathroom. Seven levels of parking will be available for residents with two parking bays allocated per unit.
This commercial titled residence with a leasehold tenure of 94 years is being sold in the market for a fair value of RM 470,000 to RM 600,000 upwards. The price per sq ft averages at RM 450 and the maintenance fee is a bargain at RM 0.165 per sq ft. At current count, most units in Tower A and B are sold out with around 20 units of Type B1 in Tower B open for sale. Tower C was recently opened for viewing and sale by the developer.