Grandeur Bay is a modern high-rise apartment situated in the Forest City mega development off Iskandar Malaysia. The development sits only a few hundred metres to Singapore across the Straits of Johor, and will see the rise of 8 towers, housing a total of 3,304 units to be completed in 2019.
Grandeur Bay, like its counterpart, Serene Bay, aims to provide “Seafront Living Paradise”. Grandeur Bay is situated much closer to Forest Central, where most of the city’s amenities are located. This makes Grandeur Bay more convenient for tourists, or married couples and small families looking for a more laid-back lifestyle in the area.
There is an array of apartment layouts for buyers to take their pick, beginning with the Y225 Series and Y228 Series offering units of 517 sf and 603 sf respectively, with 1 bedroom each. The Y220 Series and Y221 Series are 2-bedroom units, with built-up sizes of between 753 sf to 980 sf. Larger 3-bedroom homes are also available, with the Y222 units coming in sizes of 1,141 sf to 1,378 sf. The Y223 Series are the most spacious, with 4-bedroom apartments offering 1,851 sf to 1,862 sf of space.
The main charm that Grandeur Bay has to offer is the many ways it caters to the different needs of its residents. The apartments of Grandeur Bay are suitable as holiday homes for those who want to escape the bustling city and spend some quiet time while remaining close to convenience. Forest City has been given the duty-free status, making it a great location for tourism and to generate investment opportunities for stakeholders.
While Forest City was designed with luxury in mind, it also focuses on the creation of a smart eco-friendly city. The view from the apartments will also be serene, surrounded by mangroves and wetlands, a familiar ecology system in Malaysia. For those who are looking for convenience, there is no need to look far as there is a transportation hub in the development, a recreational park, as well as a highly-renowned school. The Malaysia-Singapore Second Link is not too far off, connecting Forest City to Singapore, while highways like the North-South Expressway (NSE) leads to other states and cities like Malacca and Kuala Lumpur.
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| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | - |
| 500 - 1,000 SQ. FT | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 18,400 |
| Loan Amount ( 90 %) | RM 165,600 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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