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Monday, March 3, 2008

Plenitude launches Tebrau City Residences project

PROPERTY developer Plenitude Bhd has launched its Tebrau City Residences project, a first-of-its-kind serviced apartments in Johor Baru which is integrated in a "city within a city" concept.

Tebrau City Residences is designed to suit the lifestyle of modern city living and the only one to be surrounded by three international retail malls, namely the AEON Jusco mall, and the upcoming Tesco and IKEA malls.

CHUA: The location, convenience and amenities offered by Tebrau City Residences are one of its kind in Johor

The project consists of 1,088 freehold serviced apartments fronting AEON Jusco mall.

There are four designs with three- and four-bedroom apartments ranging from 1,089 sq ft to 1,882 sq ft per unit. Prices range from RM133 per sq ft to RM175 per sq ft.

"We expect the price to further appreciate upon completion of the project in June 2009 as the location, convenience and amenities offered by Tebrau City Residences are one of its kind in Johor," Plenitude executive chairman Elsie Chua said in a statement.

Tebrau City Residences will also have an in-house pool, gym, sauna and badminton courts as well as easy and secured residence access to carpark bays and other amenities. The service charge for maintenance of common areas and facilities is 14 sen per sq ft.

"Our current launch is the first parcel with 472 units, which has received good response. The rental yield at this area is projected at eight per cent and is expected to continue to increase due to land appreciation in this area and within the Iskandar Development Region," she added.

By New Straits Times

1 comment:

Anonymous said... name is lina . im quite interested in dis tebrau city residences. do u hv more info about it? can u email me ?thank u for ur info.