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Old May 17th, 2013, 12:51 PM   #1
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PUTERI COVE RESIDENCES & QUAYSIDE | Iskandar Johor (Puteri Harbour) | U/C



Pacific Star launches new development

May 17, 2013 | Comments 0



Pacific Star Puteri Harbour

Singapore-based Pacific Star is launching a new development, which will be a integrated mixed-use waterfront project in Puteri Harbour, Nusajaya, Iskander Malaysia.

The 31,577 sqm prime and freehold land, acquired from UEM Land for RM93.328 million (US$31 million), will house three 25-storey apartment towers with about 800 apartments ranging from one bedroom to four bedrooms, whilst another two low-rise four-storey blocks will house multi-functional SOHO units. All apartments will have a panoramic view of the marina, sea, straits of Johor and skyline of western Singapore.

Glen Chan, chief operating officer of Star Group, and president of Pacific Star Development Pte Ltd said, “Our integrated waterfront project will bring a slice of affordable luxury to the center of Puteri Harbour, catering to the accommodation needs of discerning Malaysians, Singaporeans and the growing expatriate community in the Iskandar Region. This unique project will spearhead our development business in the ASEAN countries and we look forward to launching the sales before the end of this year where we aim to achieve a GDV of more than RM1.18 billion.” (US$392 million)

Pacific Star plans to develop a lifestyle retail centre with planned 80 retail units, fronting a cove where a new private marina and clubhouse are due be built later this year.

The development is within five minutes walk to Puteri harbor Custon, Immigration and Quarantine (CIQ) Centre, where ferries have started operations to Karimun and Batam islands, and shall commence ferry service to Harbour Front in Singapore before the end of this year.

According to Pacific Star Development, since the announcement of the land acquisition on 3 April they have been receiving high volumes of enquiries from potential buyers.
http://www.property-report.com/pacif...elopment-29619
www.todayonline.com
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Old May 17th, 2013, 12:51 PM   #2
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Pacific Star in Iskandar development with gross development value of RM1.18bil

17-5-2013

www.commercialasia.com


PETALING JAYA: Pacific Star Development Pte Ltd is set to develop an integrated mixed-use development project with a gross floor area of about 1.3 million sq ft in Iskandar Malaysia.


The Singapore-based company acquired the piece of land in Puteri Harbour from UEM Land Holdings Bhd for RM93.33mil, it said in a statement. Pacific Star plans to develop exclusive waterfront apartments, small-office-home-office (Soho) units, as well as a lifestyle retail centre.


The company said it started negotiations with UEM Land in early 2011.
The project consists of three 25-storey apartment towers with about 800 apartments ranging from one bedroom to four bedrooms. Another two low-rise four-storey blocks will house the Soho units. All apartments and Soho units will face the marina, sea, Straits of Johor and skyline of western Singapore.
Meanwhile, the two-storey commercial lifestyle retail centre spans approximately 120,000 sq ft, with about 80 planned retail units.

The development is situated at a strategic waterfront location in Puteri Harbour and within five minutes walk to the Puteri Harbour Custom, and the Immigration and Quarantine Centre.

“Our integrated waterfront project will bring a slice of affordable luxury to the centre of Puteri Harbour, catering to the accommodation needs of discerning Malaysians, Singaporeans and the growing expatriate community in the Iskandar region. This unique project will spearhead our development business in the Asean countries and we look forward to launch the sales before year-end where we aim to achieve a GDV (gross development value) of more than RM1.18bil,” president and Pacific Star Group chief operating officer Glen Chan said.

UEM Land chief executive officer and managing director Datuk Wan Abdullah Wan Ibrahim added that Pacific Star's project will bring development momentum up by another notch in Puteri Harbour.


More http://biz.thestar.com.my/news/story...7&sec=business
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Old May 19th, 2013, 08:13 AM   #3
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An article I posted on Friday, 17th May 2013.

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Old March 24th, 2014, 05:22 AM   #4
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Went to Puteri Cove Residences showroom in Puteri Harbour
Scale model

Marina view from existing show gallery and future F&B outlet

view from far, behind show gallery is Imperia under construction

Ferry Terminal
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Old March 24th, 2014, 07:27 AM   #5
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The residential towers for Puteri Cove are not impressive... It could be better if the towers are slim & curvy... Hopefully, Vantage Bay & Princess Cove (R&F) will be able to surprise me & others with modern architecture's touch...
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Old March 24th, 2014, 07:51 AM   #6
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Princess Cove?? new project???
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Old March 24th, 2014, 07:52 AM   #7
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Yes... But no real details yet...
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Old May 9th, 2014, 12:41 PM   #8
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https://www.flickr.com/photos/bonjangles/14079248523
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Old December 12th, 2014, 02:21 PM   #9
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Old January 4th, 2015, 06:57 AM   #10
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IJM Corp procures RM539 mln mixed development contract
Posted on January 3, 2015, Saturday
http://www.theborneopost.com/2015/01...ment-contract/

KUCHING: IJM Corporation Bhd (IJM Corp) has been awarded a construction contract worth RM538.5 million.

The company told Bursa Malaysia yesterday that its wholly-owned subsidiary IJM Construction Sdn Bhd yesterday accepted the letter of award by NRY Architects Sdn Bhd on behalf of Pearl Discovery Development Sdn Bhd for the construction and completion of superstructure works for the proposed mixed development.

The mixed development known as ‘Puteri Cove Residences will be built on plot TR-2-2, Pulai, Johor Bahru, Johor.

The construction period of the project is 33 months.

IJM Corp noted the project involves building works of three blocks of 32-storey serviced apartments (998 units), one block of five-storey soho (56 units), serviced apartment facilities, two multi-storey car park podiums, two lobbies and two-storey retail centre.
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Old March 11th, 2015, 05:18 AM   #11
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nice
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Old March 13th, 2015, 07:54 AM   #12
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Retails shop are opened for sales now.
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Old March 21st, 2015, 04:09 PM   #13
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Wow.. Iskandar is gaining momentum again this year.. !


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Soho lofts and retail units available at Puteri Cove
By Hannah Rafee / The Edge Financial Daily | March 20, 2015 : 11:29 AM MYT

An artist’s impression of Puteri Cove Residences and Quayside. Photo by Pacific Star Group and co-developer DB2 Group

SINGAPORE: Singapore property consortium, Pacific Star Group and co-developer DB2 Group have announced the first release of 79 retail and 56 single office/home office (Soho) loft units, and 50 select apartments in its latest project, the Puteri Cove Residences and Quayside in Puteri Harbour, Iskandar Malaysia.

“We are launching these units at a time when buyers are most discerning and seeking properties of greatest value to them. We are confident of the [take-up rate], given our exceptional ‘marina living’ that an international community of global citizens [is sure to appreciate],” said Glen Chan, Pacific Star Development president and chief executive officer.

The project has attracted prospective buyers from foreign markets such as Japan, Taiwan and Hong Kong in line with the developer’s goal to serve the housing needs of those from 28 countries such as the United Kingdom, the United States, France, Germany, Indonesia and Italy.

The 56 soho lofts, with built-ups of between 644 sq ft and 1,828 sq ft are priced from S$555,000 (RM1.48 million), while retail units, sized from 439 sq ft to 2,600 sq ft, are priced from S$448,000. For apartments, which come with high-quality finishings and fixtures, prices start from S$338,000. They range from 678 sq ft to 3,918 sq ft.

The developer claims its apartments at Puteri Cove Residences provide buyers with 12% fixed returns over two years, which is among the highest in the market, and fixed returns for Putra Cove Quayside retail units amounting to 19.5% over three years, as part of a compulsory lease-back agreement.

Scheduled for completion in the third quarter of 2017, Puteri Cove Residences and Quayside is the first luxury mixed-use development with marina and waterfront views in Iskandar Malaysia.

The development, which aims to mirror lifestyle destinations such as Monaco and Sentosa Cove, consists of 658 luxury apartments in two towers, a serviced suites tower and four blocks of soho loft units.

Puteri Cove Quayside is a two-level waterfront retail with a portfolio of restaurants, cafes and speciality shops for the Puteri Harbour community.

The Puteri Cove Quayside offers prime waterfront retail and F&B units, through a quality tenant mix that is curated and managed by the developer.
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Old March 21st, 2015, 04:22 PM   #14
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Hunakadoo of lowyat
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Old March 21st, 2015, 04:32 PM   #15
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full page of newspaper ads in The Straits Times today...
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Old April 15th, 2015, 05:54 AM   #16
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Old May 19th, 2015, 06:24 PM   #17
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19/5/15



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Old May 26th, 2015, 09:04 PM   #18
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Old June 27th, 2015, 08:24 AM   #19
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26/6/15





https://www.facebook.com/PuteriCoveResidences
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Old July 4th, 2015, 03:31 PM   #20
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3/7/15

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