New Attitude in Luxury
Puteri Harbour located along the Puteri Narrows or Sempitan Puteri, the narrowest point of the Straits of Johor is bringing world-class waterfront living to Malaysia. Spanning 688 acres with a 13.5 coastline and located adjacent to Kota Iskandar – Johor State’s new administrative centre, Puteri Harbour offers the experience of exceptional waterfront living, dining, entertainment and the arts and culture in a safe and picturesque natural surroundings.
Puteri Harbour’s public, private and mega-yacht marinas make up the Southernmost marina on mainland Asia, providing geographical significance and making it a must sail destination amongst the global sailing fraternity. The proposed CIQP and transport hub, complete with water taxis, offer an alternate gateway for tourist arrivals into Malaysia from Singapore, possibly in operation in end 2012.
The Marinas of Puteri Harbour
Puteri Harbour is home to three marinas – Puteri Marina for public yacht berthing and community activities, the Bahtera Mega-yacht marina for yachts up to 90 m in length plus the exclusive private marina to serve the Puteri Harbour waterfront residences and villas. Serving the 76-berth Puteri Marina is the Puteri Harbour Satellite Clubhouse which hosts a Chandlery, chart room, yacht charter office, shower cabins and lauderette, plus a cafe with al-fresco dining. Puteri Marina received its first official boat sailing into the marina on 15 Jan 09 and has since received boats and yachts from all over the world.
Puteri Harbour received global recognition when it was awarded the FIABCI Prix d’Excellence for Best Runner Up Master Plan category in 2010. This win together with the other awards and accolades received by Nusajaya is testimony to UEM Land’s commitment to building world-class developments.
Puteri Harbour Family Indoor Theme Park
On a 4.2-acre site on Puteri precinct, construction of the Puteri Harbour Family Indoor Theme Park is in progress. It is part of a mixed hotel, retail and entertainment complex located along the crescent shaped Puteri Promenade. Construction commenced in mid 2010 and is targeted for completion in Q4 2012. This RM350 million four storey Family Indoor Theme Park will feature popular kiddies characters such as Hello Kitty, Barney, Thomas and Friends, Bob the Builder and Pingu the Penguin.
Traders Hotel will be the first international hotel in Nusajaya and the only hotel to be associated with Malaysia’s First Family Indoor Theme Park. Set to open in 2012, the four storey 286 room Traders Hotel will form part of an integrated complex that comprises an indoor them park, a family entertainment centre and a 100,000 sqft retail centre.
The hotel guest rooms at Traders Hotel, Puteri Harbour will have a minimum 36 sqm, with a selection of themed rooms. Food and beverage outlets will include an all-day dining resturant, a lobby lounge, a sky lounge and a bar. A 620 sqm ballroom and a range of function rooms suited for small to large events will cater to meetings, incentives, conventions and exhibitions (MICE) guests. Recreational facilities such as rooftop swimming pool, health club will be available.
UPDATE: 30 Sep 2013:
Southern Marina Development Sdn Bhd (which is 70% owned by Kuok-related companies and the remaining by Khazanah Nasional Bhd) is paying RM182mil (or RM334 psf) to UEM Land Holdings Bhd for a 5.06ha parcel of land in Puteri Harbour.
This is the price that tycoon Robert Kuok is paying for a piece of 5.06ha freehold land in Puteri Harbour, Johor, which became the talk of the town and even across the causeway, where the Singaporean media is hailing it as the “new price benchmark” in Nusajaya.
The views on the transaction are varied, though. While Singapore's Business Times wrote that it was a record price for the Nusajaya land, substantiating it with the toppish RM334 per sq ft (psf) price paid by Kuok, there are others who are claiming that the billionaire is getting the land on the cheap.
Experts indicated that the land was considered a good purchase due to the vast potential in that prime area. It was noted that it was definitely “not cheap.” but it was justified by the fact that it was one of the rare parcels of land that was facing the marina.
“Puteri Harbour will be the number one play (in the region) in terms of class,” expert indicated, adding that its value should be the highest in the vicinity due to the marina lifestyle conceptualised and target market which consisted of the international business and corporate population.
Meanwhile, concerns arose in the social media arena as some commentators claimed the land was cheap based on the projected development value.
Recall that the proposed development by Southern Marina would comprise a mix of residential and commercial development with a gross floor area of more than two million sq ft, at an estimated gross development value exceeding RM1bil.
Another consideration of the valuation of the land would be the plot ratio approved by the authorities. Besides that, it was reckoned that there would definitely be some form of risk that developers had to take, as the development in Nusajaya was still considered at its initial stage and it would entail extra costs for them to hold until the area matured.