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Nusajaya – A Choice Destination For Investment And Relocation
Nusajaya, 16 May 2013 – UEM Land Holdings Berhad (“UEM Land” or “the Company”), Malaysia’s leading and largest property development company by market capitalisation, is experiencing unprecedented demand for its residential developments in Nusajaya, one of the five flagship zones of Iskandar Malaysia, Malaysia’s foremost emerging economic corridor located at the south-western tip of Peninsular Malaysia, adjacent to Singapore.
UEM Land is the master developer of Nusajaya, which is on course to become the largest fully integrated urban development in Southeast Asia and offers an unrivalled opportunity for Indonesian investors looking to invest in the region. As of March 2012, Iskandar Malaysia had attracted cumulative committed investments of RM111.3 billion (approximately USD37 billion) in various sectors, including health care, commercial, industry, education, property and tourism.
Nusajaya property continues to generate avid interest from investors across the region including Indonesians who are drawn to the competitive property prices. UEM Land is experiencing unprecedented sales at its the distinctive residential developments at East Ledang, Puteri Harbour, Horizon Hills, Nusa Idaman and Nusa Bayu. By the end of March 2013, UEM Land had sold 1,771 units in East Ledang & Ledang Heights; 1,223 units in Puteri Harbour; 1,121 units in Nusa Bayu; and 1,606 units in Nusa Idaman. These developments have experienced a full take-up rate and are into their next phase of development.
“Investors in Malaysia and Singapore have long seen the benefits of investing in our property projects in Nusajaya, and we are now experiencing unprecedented interest from international investors, including a growing number of Indonesians. The development of Nusajaya is now beyond tipping point with various catalytic projects completed and fully operational. There is developed infrastructure in place and increasing numbers of new residents are making Nusajaya their home,” said Dato’ Wan Abdullah Wan Ibrahim, Managing Director/Chief Executive Officer of UEM Land.
Properties in Nusajaya are located in close proximity to a wide range of lifestyle options including the themed attractions of LEGOLAND® Malaysia and Puteri Harbour Indoor Theme Park, the world- leading university faculties at EduCity, Marlborough College Malaysia and Pinewood Iskandar Malaysia Studios.
Nusajaya is well connected internationally and is increasing its connectivity with Indonesia. Ferry services between Nusajaya and Harbour Bay Batam and Tanjung Balai, Karimun have commenced its operations this month together with direct flights between Jakarta and Senai International Airport, located just outside of Nusajaya. Ties between Malaysia and Singapore are also continuing to strengthen. Earlier this year the prime ministers of both countries reaffirmed their commitment to a mutually beneficial partnership and visited joint ventures by Temasek Holdings Pte Ltd and Khazanah Nasional Bhd in Singapore and in Iskandar Malaysia. Plans for a high-speed rail link between Singapore and Malaysia have also been announced.
The Nusajaya Story
Located within the resource-rich state of Johor, Malaysia, and in close proximity to Singapore, Nusajaya was identified as the ideal location to build Asia’s newest regional city. With approximately 24,000 acres of development-ready land, Nusajaya was envisioned as a self-sustaining city offering a fully rounded and integrated lifestyle for business, living and leisure. It has direct access to ready infrastructure and is linked by a comprehensive network of main roads to the greater Asian continent and major international seaports. Nusajaya is within 50 minutes to Singapore Changi International Airport and 35 minutes to Senai International Airport, and has international sea connections through the Port of Puteri Harbour Ferry Terminal.
As the main landowner and master developer, UEM Land has led the creation of Nusajaya through successful residential, retail, industrial and infrastructure projects. Through the Smart+Connected Master Plan, UEM Land plans to transform Nusajaya into one of the world’s leading interconnected communities, creating a seamless experience for residents, businesses and visitors. The Company will work with its partners, including Iskandar Investment Berhad, Telekom Malaysia Berhad, Cisco Systems International BV and Centios Co. Ltd to create an urban development that uses cutting edge communications technology to connect communities in a way that will enhance economic and environmental sustainability, and quality of life.
In addition to the Smart+Connected Master Plan, Nusajaya’s developments have been planned according to the environmental principles behind the Green Nusajaya Plan and in line with the world’s best practices in Safety and Security. In January 2012, UEM Land, with its strategic partner Iskandar Investment Berhad, via its subsidiary Medini Security Services Sdn Bhd, formed a fully fledged security service company to provide enhanced security for Nusajaya. All aspects of the development of Nusajaya, both in the short term and long term, were thoroughly and strategically planned. The first signature development to be agreed was for the establishment of Johor State New Administration Centre. In the early stages, launches of residential projects were complemented by industrial land sales. Later UEM Land itself began building factories as way of bringing employment to Nusajaya.
Through the gradual development of further amenities, Nusajaya is now home to a 1,300 acre industrial park, an award-winning marina, international theme parks as well as international schools and universities. Nusajaya’s vision and achievements were internationally-recognised when it was named the winner in the Master Plan Category at the prestigious FIABCI Prix d’Excellence Awards 2012 by an international panel of real estate professionals and experts.
On completion, Nusajaya is expected to become a hub for government, tourism and leisure, education, creative, healthcare and wellness, business and industry, commerce and finance, as well as property and infrastructure. By the time it reaches maturity in 2025, Nusajaya is expected to support a population of 500,000.
Signature developments in Nusajaya
Puteri Harbour
The waterfront project at Puteri Harbour is developing into Nusajaya’s new gateway. The Port of Puteri Harbour Ferry Terminal is the new international entry point to Nusajaya allowing direct ferry services to Singapore and Indonesia. The Puteri Harbour Family Theme Park, which contains the first Hello Kitty Town outside Japan, is Nusajaya’s second international theme park. The Park also houses The Little Big Club, featuring international hit characters such as Thomas and Friends, Barney, Bob the Builder, Angelina Ballerina and Pingu, and LAT’s Place, a themed restaurant that brings the famous Kampung Boy cartoon character to life. The neighbouring Traders Hotel has also been completed and is due to be opened in June 2013.
Southern Industrial and Logistics Clusters
The 1,300 acres of clean and green managed industrial park at the Southern Industrial and Logistics Clusters (“SiLC”) has attracted companies globally to move into the area. SiLC places emphasis on three areas: Advanced Technologies, Nutrition and Health and Logistics and houses Malaysia’s first dedicated biotechnology park known as Bio-XCell.
Nusajaya Residences
UEM Land is behind the distinctive and award-winning residential developments in Nusajaya.
East Ledang – spacious resort homes surrounded by parks and thematic gardens Imperia and Teega Puteri Harbour – private apartments located at Puteri Harbour with marina and bay views Horizon Hills – up-market golf and residential development featuring houses and apartments set around an 18-hole championship golf course Ledang Heights – exclusive bungalow-only enclave Nusa Idaman – mixed residential hillside sanctuary next to Nusajaya Regional Park Nusa Bayu – tailor-made and affordable homes for first time home buyers
Afiat Healthpark
Afiat Healthpark, already home to the 81-bed Colombia Asia Hospital is in operation to provide healthcare services to Nusajaya community. EduCity The specialist education zone, EduCity, continues to take shape towards offering some world’s best education faculties to the region, and achieving a student population of 12,000 by 2018. The fully operational Newcastle University Medicine Malaysia (“NUMed”) is complemented by the completed University of Southampton Malaysia campus, while the Reading University campus is under construction. Nearby, the UK’s prestigious Marlborough College opened to students in August 2012. Medini The first phase of the Mall of Medini shopping mall is open for business. It is located next to LEGOLAND® Malaysia, Asia’s first LEGOLAND theme park, which opened in September 2012. The media production facility Pinewood Iskandar Malaysia Studios, linked to the UK’s famous film production studio, is currently nearing completion. Its opening in 2013 will bring blockbuster movie production to Nusajaya.
Kota Iskandar
Around 2,000 civil servants are already based at Kota Iskandar, the new Johor administrative centre. It will eventually house 6,000 from State and Federal government departments.
Gerbang Nusajaya
Gerbang Nusajaya is the focus for the second phase of development within Nusajaya and home to FASTrack Iskandar, which is set to become the ultimate entertainment hub for motorsports enthusiasts in both Singapore and Malaysia. The integrated multi-purpose motorsports hub, which will contain a race track by world leading circuit designer Hermann Tilke, will be located less than five minutes’ drive from Singapore’s Tuas Second Link. FASTrack Iskandar is a 70/30 joint venture between FASTrack Autosports (Iskandar), a company controlled by Singapore businessman Peter Lim, and UEM Land. Gerbang Nusajaya is also home to an integrated tech park to be jointly developed by Ascendas and UEM Land. With a projected investment value of S$1.5 billion (RM3.7 billion), the 519-acre freehold tech park is the closest industrial site to Malaysia-Singapore Second Link checkpoint and directly accessible by a comprehensive network of main roads and highways to major international airports and seaports. The fully-landscaped park will offer quality infrastructure to support a range of industries such as electronics, pharmaceutical & medical devices, food processing, precision engineering, fast moving consumer goods (FMCGs), logistics & warehousing and general engineering services as well as land plots for customized facilities.