Jalan Mutiara Emas Utama, Taman Mount Austin, 81100 Johor Bahru, Johor
|Launch Price||From RM 415,000|
Austin 18 is a commercial project with a gross development value (GDV) of RM150 million located in the vicinity of Iskandar Malaysia, Johor. This project consists of SOVO units and retail spaces. Conceived for modern city dwellers, Austin 18 creates a brand new concept of small office versatile office in Iskandar, providing an environment of work and play together.
This prime freehold address will stand 25 storeys tall, and included within is a six-storey car park podium. The office units are sized between 662 sf and 1,036 sf, with a launch price of RM415,000. These versatile suites offer high ceilings of 3.6 metres which enhance natural lighting and ventilation, allowing the entire suite to be cooler while looking bright and spacious. Each suite is also powered by high speed broadband, delivering an efficient base for business activities.
Austin 18 is designed to incorporate the importance of work-life balance for its residents. Hence, there will be a myriad of facilities provided. Residents can simply take a dive at the swimming pool to melt the stress away or hit the gym which offers a holistic workout experience. Additionally, basking by the pool deck will offer one views of the tropical picturesque sky, and this rejuvenating ambience is further enhanced by exquisite water curtains. Furthermore, a business lounge is also available for leisurely business transactions.
Part of the facilities provided is a golf putting green for the busy but avid golfer, plus a barbecue deck and a garden terrace for the pleasure of all residents. These facilities at Austin 18 merge work, life and leisure together seamlessly, so as to double up its users’ productivity and creativity.
Austin 18 is surrounded by plenty of public amenities. Aeon Tebrau City and Tesco Tebrau are both approximately 3 minutes away by car, while Hospital Sultan Ismail only requires a mere 1 minute to arrive at. The Johor Premium Outlet (JPO), Legoland and Senai International Airport are less than half an hour away.
As for education institutions, within the vicinity is Sunway College Johor Bahru, Austin Heights Private & International Schools and SJK (C) Foon Yew 5. Located in a central location, Austin 18 is served by a few major highways within minutes away, namely the Pasir Gudang Highway, North-South Expressway (PLUS) and Eastern Dispersal Link (EDL).
The SOVO concept is fairly new in Johor Bahru, therefore it makes Austin 18 a more viable and affordable entry option for young entrepreneurs and professional start-ups alike to establish their business bases, as compared with shop offices and office suites.
Gromutual Berhad (625034-X) is a public listed company on the Main Board of Bursa Malaysia Berhad since year 2005. With track records of over 30 years experience in property development, we have curved out a niche in residential, commercial and industrial development. We had gained good reputation of being trustworthy developer for timely delivery of qualities properties.
Gromutual Group of companies have grown steadily over the years and have undertaken the property development in Melaka and Johor states. Our development products range from landed residential, commercial building and industrial parks. Development of service apartments are in the pipeline.
Besides focusing on property development, Gromutual Group has broaden its income based by investing in the properties that provide steady stream of recurring rental income. Our investment portfolio includes students apartments catering for students from nearby universities, namely Multimedia Media University "MMU" and Universiti Teknikal Malaysia Melaka ("UTeM") and industrial building for manufacturers.
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 (%)|
|Austin Regency||Mar 2015||
RM 402 psf - RM 526 psf
|RM 950 - RM 950||NIL||4.34 %|
|Austin Suites||Dec 2014||
RM 620 psf - RM 620 psf
|RM 1,400 - RM 1,400||NIL||5.27 %|
RM 329 psf - RM 427 psf
|RM 800 - RM 800||NIL||5.23 %|
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
|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||-||-||-|
|Down Payment (10%)||RM 41,500|
|Loan Amount ( 90 %)||RM 373,500|
|Tenure Years||35 Years|
|Interest Amount||RM 373,500|
|Others (Estimation)||RM 10,000|
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