Puteri Paradise Service Residency presents a luxurious living experience in the heart of Johor Bahru’s financial hub Iskandar Development Region (IDR). This new property project is developed by Paradise Realty Sdn Bhd on 1.6 acres leasehold land in the heart of Johor, Malaysia. Puteri Paradise Service Residency is Johor Bahru’s first waterfront high rise property.
Puteri Residence comes with a Guaranteed Rental Return (GRR) scheme. The units are available from level 10 to 17 of the tower. Each unit comes fully furnished with unique architecture design which removes your worries about the furnishing. Investors are guaranteed 7% annual return for a minimum of 5 years period.
The GRR scheme will definitely draw the interest of a lot of investors which is a perfect opportunity to invest in the Malaysian real estate. Investors do not have to worry about seeking individual tenants for their units. Investors have the option to further extend the GRR for additional 5 years. Puteri Residence will be managed by a renowned hotel group.
A total of 274 units are being offered in this new service residence property in IDR. Build up area ranges from 609 to 1,406 sqft with a price tag of RM 262,000 to RM 733,200. Units come with studio design, two bedrooms, three bedrooms and duplexes.
Puteri Paradise Service Residency is located in the heart of IDR. The perfect location within the vibrant financial hub of Johor Bahru will definitely be the selling point together with the GRR. The property can be easily accessed by North South Highway using the Eastern Dispersal Link (EDL). This property is located next to hypermarkets such as Jusco, Tesco, Giant and Carrefour. School and financial facilities are all within close proximity of the property.
Level 1 and 2 of the building consists of retail shops and outlets which will satisfy your shopping needs. Level 3 to 8 are being allocated to car parks for residences and customers. Level 9 is the podium and facilities. Puteri Paradise Service Residency is located from Level 10 to 22.
Project Name: Puteri Paradise Service Residency
Location: Taman Bayu Puteri, Johor Bahru
Property Type: New Service Residence
Land Title: Commercial
Build Up Area: 609- 1,406 sqft
Price: RM 262,000 – RM 733,200
Total Units: 274 Units
Total Floors: 22 storey
Gross Development Value: RM 113 million
Land Area: 1.6 acres
Completion Date: Oct 2011
Developer: Paradise Realty Sdn Bhd
Website: Puteri Paradise
Paradise Realty Sdn Bhd
Lot No, PTD 200291, Jalan Bayu 2,
Taman Bayu Puteri,
Johor Bahru 80150 Johor,
Tel: +607 334 7378