Monday, October 1, 2012

1 Tebrau To Drive Investments Into Jalan Tebrau Johor Bahru


The end of 2015 will mark a new era for Jalan Tebrau following the completion of the RM330 million 1Tebrau, an integrated development featuring designer suites and shop offices that replicate those in the Klang Valley.
Comprising 588 designer suites and 36 four-storey offices, the development is expected to attract not only local but foreign investors.
"We are excited to introduce some of our unique concepts to the Southern region, which will be the group's current focus," said Datuk David Koh, Executive Chairman at Dis-tinctive Group.
Since its soft launch in June, the project has received strong sales take-up, particularly for Type A designer suites which reached 100 percent and dual-frontage shop offices in Block A now 80 percent taken up, noted Koh.
"The project is the group's first venture into Johor and we will be focusing on two upcoming residential and commercial projects in Medini, Nusajaya," he added.
V. Sivadas, Property Consultant and Executive Director of PA International Property Consult-ants Sdn Bhd, described 1Tebrau as "among the first modern mixed development along Jalan Tebrau and is definitely in line with the government's initiative to transform and rejuvenate Johor Baru city."
The project features 588 designer suites in three-bedroom or studio lay-outs and are priced from RM343,000 to RM648,000.
Meanwhile, the shop offices ranging between 735 sq ft and 10,618 sq ft are priced from RM1.9 million to RM5 million.

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