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Iskandar Residences is another proud development of Distinctive Group, an upcoming developer in Malaysia. Focused mainly on the southern tip of Peninsular Malaysia, another one of the developer’s esteemed projects in this area is 1Tebrau and an upcoming project also in the area named 18 @ Medini Iskandar. Catered more towards a high end standard of international living, Iskandar Residences is an elegantly designed residential development.
Secluded within nature and backed by mountains while still being located within minutes of highways and the city is a rare privilege that many will pay an arm and a leg for. Iskandar Residences is one such development where residents will be able to overlook lush nature and scenery while exercising int he resident gym in a resort themed development.
Visitors to this grand development will be greeted by class and prestige while residents lounge and luxuriate in convenience. Within the grounds of Iskandar Residences there will be a well placed 35 metre infinity pool and 50 metre infinity pool, while toddlers and children are catered to with a kids pool, children’s playground and a youth playground.
Also focused on delighting sports enthusiasts, there will be a jogging track meandering through and around the facilities floor complemented by squash courts, badminton courts and a gymnasium. Residents will also be able to entertain in style with the Entertainment Terrace. The price of these facilities will be absorbed by the management for the first year after the completion of Iskandar Residences.
For all its luxuries, Iskandar Residences comes with a relatively affordable price tag that starts from a minimum of RM614,500 for units that are sized between 635 sf and 3,411 sf with 15 different layouts.. The homes will be housed within two towers, where Tower A stands at 40 storeys tall and Tower B stands at 29 storeys tall. The density of living here will also be reasonable at a mere 640 units. All the homes will come with a minimum of one parking lot.
A key selling point of Iskandar Residences is its excellent location within proximity to many key locations of Iskandar Malaysia. Medini Iskandar is just next door, while Legoland is minutes away as is the CIQ Complex to the Woodlands Checkpoint.
Plan a site visit, or request for more information on this floor plan now!
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Iskandar Residences | Sept 2017 |
RM388,000
-
RM800,000
RM 326 psf - RM 686 psf |
RM1,500 - RM1,500 | NIL | 10.16 % |
1Medini | 2015 |
RM283,000
-
RM496,000
RM 250 psf - RM 642 psf |
RM1,100 - RM1,100 | NIL | 5.7 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
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 61,450 |
Loan Amount ( 90 %) | RM 553,050 |
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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