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Emerald Boulevard 88 is the brainchild of Sunway Properties. It is a commercial development located in Sunway Iskandar, Iskandar Puteri, one of the developing urban areas of Johor Bahru. There is a total of 88 units 2- and 3-storey shops. The project is estimated to be completed in year 2018.
There are 5 types of units open for sale, with built-ups ranging from 3,003 sf to 5,417 sf, and indicative price of RM1,500,000 onward. The units' layout is also flexible, giving more freedom for investors to customize the property accordingly, based on the nature of their businesses.
Just like most developments in the area, Emerald Boulevard 88 will see very little amenities located nearby due to it being in its early development stage. However, the Citrine Hub commercial building is within walking distance of the commercial area. Also within a short walk is the Emerald Lake, part of the Emerald development collection that will provide a spot for recreation activities, or for tenants to enjoy a breath of fresh air.
Investors can take advantage of steady growth of the area, as there is bound to be residential areas built around it, which will in turn generate traffic and income to the businesses set up there. It is also close to Nusajaya and Medini, where amenities are abundant, especially with the Gleneagles Hospital set up at the latter location. Apart from that, Emerald Boulevard 88 is also a short drive away from recreational destinations such as the Pinewood Iskandar, Legoland Iskandar Theme Park, and Educity, which houses 3 franchise universities, University of Reading Malaysia, Newcastle University of Medicine Malaysia and University of Southampton Malaysia.
The development allows its tenants to get the best of both worlds, with catchment of local and foreign population, this is because Singapore is easily accessible via the Johor Causeway, just a short drive away. Tenants can travel around Johor via the nearby Pasir Gudang Highway, while the Second Link Expressway will be a gateway to the rest of Malaysia, as it links to the North-South Highway. Apart from that, the upcoming Coastal Highway Southern Link (CHSL) can link Sunway Iskandar to the Second Link Expressway, making travel distance much shorter.
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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 150,000 |
Loan Amount ( 90 %) | RM 1,350,000 |
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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