Waterfront living in Johor
FOR people who enjoy waterfront living and yearn to take a breather from the hustle and bustle of city life, they will soon have a new option across the Causeway.
Nestled amid the pristine, natural greenery of the Shanti forest reserve, Sebana Cove Resort is a 486ha resort township located in Pengerang, Johor.
It takes about an hour to get there by car from the Causeway, and is also accessible by ferry.
Sebana Cove Resort has 10 precincts, each with a theme of its own. Within each precinct, there are different types of housing, such as townhouses, semi-detached homes, cluster homes and bungalows.
Developed by Cypress Potential - a subsidiary of IJM Land, the property arm of Malaysian construction conglomerate IJM Corporation - the project boasts a variety of facilities in one location.
Proposed features within the sprawling resort include a five-star hotel, an international school and a shopping village.
Residents will also get to enjoy amenities at the clubhouse, like a gymnasium, tennis courts and a swimming pool. Avid golfers can check out the 18-hole championship golf course.
There are also conference rooms and a banquet hall, as well as a business centre for those on business trips.
Located about 8km away is the upcoming Pengerang Integrated Petroleum Complex, an industrial park for the oil industry. Sebana Cove Resort is set to become the next hot spot for investors, as the complex will boost demand for housing and commercial activities.
The total gross development value of this project is estimated to be RM4.8 billion (S$1.9 billion).
Of the 10 precincts at Sebana Cove Resort, one - The Classic - is already up and running, and rental returns are estimated to be above 10 per cent a year.
The next one, The Fairway Golf Villa, will be launched in October.
There are 102 units of four- to five-bedroom villas at The Fairway Golf Villa, and the precinct is expected to be ready in the second half of 2016. Security features include fencing around the villas, a guard house and 24-hour patrols, as well as panic buttons and an alarm system in residential units.
Property prices are not available yet, but those interested can call +607-861-4888, or visit www.sebanacoveresort.com for more information and early-bird privileges.