Citrine at The Lakeview, Sunway Iskandar

  • Diane Foo Eu Lynn
  • 7 September 2016

Citrine Residences sits within Citrine at The Lakeview, an integrated mixed development that is located in newly developed Nusajaya, Johor. Developed by Sunway Iskandar, this project brings together offices, residences and retail all in one location bearing the tagline “where work, life and play come together”.

Citrine 1.png

Expected to be completed in 2017, Citrine at The Lakeview is one of 6 precincts that make up the Sunway Iskandar integrated city, and is crafted to be sustainable and eco-friendly, promising breath-taking lake views, exclusive living by the emerald lake, ultra-high speed fiber optic broadband and a panoramic view of the Straits of Johor and Singapore.


Artist impression of Citrine Residences (source: http://www.sunwayiskandar.com/projects_citrine_residences)

Artist impression of Citrine Residences (source: http://www.sunwayiskandar.com/projects_citrine_residences)

Focusing specifically on Citrine Residences, the serviced residences consist of a 26-storey tower which houses 328 units. The units range from 626 sq ft to 1,528 sq ft, with layouts varying from 1 bedroom, 2 bedrooms, 2 + 1 bedrooms, 3 bedrooms and dual key 3 bedrooms. The residences also offer a fully furnished option for hassle-free moving in!

(If you wanna work close to your home, Citrine also has the Citrine Designer Offices as part of the Critine Collection.)

QuikPro No : PL-5024

Project Name   : Citrine At The Lakeview, Sunway Iskandar, Johor

Developer: Sunway Iskandar Sdn Bhd (964451-A)

Developer’s Address: Lobby Level, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150   Petaling Jaya, Selangor.

Address: Nusajaya, Johor

Property Type: Serviced Residences

Land Title: Commercial

No of Storeys: Residences start from Level 3A to Level 36

No of Lifts per floor: 4

Units per floor: 10

Tenure: Leasehold for 129 years (2141)

Bumi Discounts: None


Booking: RM 10,000 & 3% deposit upon signing of SPA

Discounts: 10% for partial furnished, 14% for fully furnished

Sales Gallery: Lot 199241, Mukim Pulai, Bandar Nusajaya, Nusajaya, Johor

Site GPS Coordinates: 1.391247, 103.637616

Contact Number: +607-5096575

Date of Completion: 2017 (expected)

Total Units: 328

Built-up area: 626 sq ft – 1,528 sq ft

Land area: 5.22 acres

Listing Price: RM535,000 – RM 1,189,000

Price psf: RM627 – RM1,059

Maintenance Fee psf: RM0.35 psf (tentative)

Parking Bay per Unit: 1 bay – 1 & 2-bedroom unit, 2 bays – 3-bedroom unit, 2 bays – dual key unit

Development Type: Residential Services

Show Unit: Open daily 10am – 6pm. Contact +607-5096575

Website: www.sunwayiskandar.com

About the Developer:

Citrine at The Lakeview, is one of the latest projects by famed Malaysian conglomerate Sunway Group. Established in 1974, the Sunway Group has since established itself as one of Malaysia’s most recognized and diversified conglomerates with businesses in 50 locations worldwide – more notably known for developing Legoland Malaysia Resort, KL Convention Centre, Sunway University College, Sunway Lagoon & Resort, and many more.

To learn more about Sunway Group: https://www.sunway.com.my/group/

Project Details

Citrine features the following residential units, ranging from 1 bedroom units to 3 bedroom dual key units.

  • Type A (626 sq ft, 1 bedroom)

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  • Type B (984 sq ft, 2 bedrooms)
  • Type B1 (1,020 sq ft, 2 bedrooms)

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  • Type C (933 sq ft, 2 bedrooms)
  • Type C1 (931 sq ft, 2 bedrooms)

Citrine 10

  • Type D (1,087 sq ft, 2 + 1 bedrooms)

 

Citrine 11

 

  • Type E (1,348 sq ft, 3 bedrooms)

Citrine 12

 

  • Dual Key (1,528 sq ft, 3 bedrooms)

 

Citrine 13

 

Specifications:

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Bearing in mind that different unit types face different views, make sure you take that into consideration when picking.

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Certain units come with the option of a “hassle-free move in package” (aka fully furnished unit) that comes with household regulars such as a sofa, coffee table, curtains, fridge, dining set, wardrobe, TV, TV cabinet, lighting, hob and hood, bed, air-conditioner units, dryer and water heaters. There is also an option of partially-furnished, and if you prefer your own designs, requests for non-furnished units are subject to management’s approval.

Citrine will also have a 21km cycling and jogging track, on top of being an integrated mixed development with self-sustaining components.

Facilities & Amenities:

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Level 3

  • Infinity swimming pool
  • Barbeque deck
  • Gymnasium
  • Chill-out lounge
  • Games room
  • Indoor playground
  • Children’s pool
  • Tai-chi deck
  • Yoga-park

Rooftop

  • Multipurpose hall
  • Rooftop garden

Security

  • 3-tier security system
  • 24 hours CCTV surveillance system
  • Security Button at car park area
  • Audio Interface System
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Location

 

Map of Sunway Iskandar (source: http://www.sunwayiskandar.com/projects_citrine_residences)

Map of Sunway Iskandar (source: http://www.sunwayiskandar.com/projects_citrine_residences)

 

Though Citrine Residences might be located a distance away from Johor Bahru (24 km to be exact), the development is meant to be self-sustaining when it’s in full swing, with the planned commercial area being able to provide for the residents.

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The key attraction the its location however, is that the residences is just 5km* away from the Malaysia-Singapore 2nd Link, and just under 50km away from Singapore’s CBD. With its close proximity and ease of access to Singapore, this may be something you want to consider if you’re working in Singapore or frequent the city state.

*via the Coastal Highway Southern Link (CHSL) estimated to be completed by 2017

EduCity student village (source: www.educity-iskandar.com.my)

EduCity student village (source: www.educity-iskandar.com.my)

 

For families, Citrine is located 8km away from EduCity, an integrated education hub that houses many institutes of higher learning (such as University of Southampton, University of Reading, Newcastle University, etc.) as well as featuring a sporting complex and secondary school.

You can also boast living mere minutes away from famed Malaysian attractions such as Legoland (6km away), Sanrio Hello Kitty Town (6km) and Pinewood Iskandar Malaysia Studios (3km). Johor Premium Outlet (JPO), unfortunately, is a 30 minute drive away.

Sample of Legoland’s attractions (Source: http://www.legoland.com.my/)

Sample of Legoland’s attractions (Source: http://www.legoland.com.my/)

Gelang Patah is located a mere 15 minutes’ drive away. With plenty of shops and eateries, this small town is bustling with life that can easily provide most of your daily needs. Gelang Patah also has a weekly ‘pasar malam’ or night market.

Welcome to Gelang Patah! (source: http://www.flickriver.com/photos/e3lipse/sets/72157622386191365/)

Welcome to Gelang Patah! (source: http://www.flickriver.com/photos/e3lipse/sets/72157622386191365/)

Notable eateries: Wee Hoi – famous for their paos, Chua Kee Seafood – seafood that’s delicious and budget-friendly.

Oh, and did I mention that the new Sunway International School is located right next to Citrine Residences?

Following their success in Bandar Sunway, the Sunway International School is opening their brand new campus in Sunway Iskandar with their first intake scheduled for 2017 (pre-school, primary, secondary & pre-university levels). Other key features of the school include:

  1. Canadian Certified Teachers & IB Certified Educators
  2. Comprehensive school programme & purpose built school campus
  3. Internationally Recognised Curriculum: Canadian (Ontario) education consistently ranked World’s Best Programme for International Student Assessment.

Other amenities nearby:

  • Gleneagles Medini Hospital
  • Somerset Medini Nusajaya
  • Puteri Harbour
  • Senai International Airport (35 km)
  • Changi International Airport (66 km)
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Analysis

Price Comparison:

Name

Location

Tenure/
Land Title

Average Price PSF

Maintenance Fee PSF

Approx. Price for Typical Unit

Citrine Residences

Sunway Iskandar, Johor

Leasehold

RM 842

RM 0.35

Starting RM535,000 to  RM 1,189,000

Viridea @ Medini Lakeside

Medini, Johor

Leasehold

RM 924

RM 0.39

RM704,000 to RM 890,000

Elysia Park Residences

Medini, Johor

Leasehold

RM 750

RM 0.35

From RM 403,000

 

More about Sunway Iskandar:

Bearing the tagline “Nature’s Capital City”, Sunway Iskandar in Medini, is Johor’s only integrated city with a seafront. With over 1,800 acres of city built with greenery and overlooking the Pendas River and the Johor Straits, the development consists of 6 precincts with various parks, hotels and an eco-theme park.

The development is supported by the Special Medina Incentive Scheme:

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Summary

One key factor when considering this property, is that it’s developed by the Sunway Group – who fully intends to build Sunway Iskandar into a similar Bandar Sunway. Instead of leaving themselves to the mercy of 3rd party developers, they have taken it upon themselves to develop a self-sustaining city where everything you need (malls, convenience, entertainment, parks, education, medical etc.). In fact, the develops plan to replicate their successful Bandar Sunway model in Sunway Iskandar – thus you can be assured that this is a developer who already has a successful project under their belt.

Another factor to consider regarding this property is its close proximity to Singapore. Merely 5km away from the Second Link highway, you’re looking at passing through Jurong East and also the Industrial Park in Singapore. You’re also a mere 30 minutes’ drive away from the Singapore Central Business District (CBD).

If you’re working in Singapore but do not fancy living within the city state itself, this property might be something you can consider investing in. With certain units carrying the dual-key system, you can even consider renting the other half out to strengthen your income. Because of the location, courting Singaporean renters (or Malaysians working in Singapore) is also a viable strategy to pursue.

Citrine is located a stone’s throw away from some major international attractions in Johor, such as Legoland, Sanrio Hello Kitty Town, Pinewood Iskandar Malaysia Studios and also the future proposed parks to be developed by Sunway Iskandar. As such, furnishing then leasing out your home as a homestay for tourists & travellers is another viable option.

Last but not least, Sunway Iskandar is promising to be an integrated city that puts great emphasis on nature. With 40% greenery, paired together with lakes, parks, a running river with great views from all sides, this could be your ideal place to raise a family & serve as your own personal sanctuary away from the hustle & bustle. 

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Eric Wong

Diane Foo Eu Lynn