Curvo Residences is the final residential phase of the first integrated development in Setapak, SkyArena.
Continue Reading ⋅ 30 January 2023
Secreted in the Senibong Cove of Masai in Johor is the serene development of The WaterEdge Apartments, nestled in greenery and surrounded by the sea. This highly acclaimed development is the product of Walker Corporation, an Australian developer with a reputation for designing exquisite waterfront developments.
In over 50 years, Walker Corporation has delivered more than 1000 projects that span America, Canada, Fiji and Malaysia. Some of their world-renowned projects include The Finger Wharf at Woolloomooloo and King Street Wharf in Sydney. In Melbourne, they have The Port Authority building and Pran Central.
Walker Corporation holds many recognitions under their belts, with the most prominent ones being CNBC International Property Award (2008 & 2009), the Greensmart Award (2006), and the World’s Best Waterfront Award (2000).
Address: The WaterEdge Apartments
Property Type: Serviced Apartment
Land Title: Residential
No of Storeys: 28
No of Blocks: 3
Tenure: Freehold
Sales Gallery: The WaterEdge Apartments
Site GPS Coordinates:
Expected Date of Completion: 2018
Built-up area: 506 sq ft. – 4,495 sq ft.
Facilities:
- Visitor Car Parks
- Guardhouse Recreational Pools
- Gardens
- Gymnasium
- BBQ Deck
- Multi-Purpose Hall
- Badminton Court
- Tennis Courts Refuse Collection Chamber
Launch Price: From RM467,158
Price psf.: Approximately RM850 psf.
Maintenance Fee psf.: NA
Special Features:
- Its location surrounded by the sea
Project Details
Senibong Cove is the new sanctuary east of Johor Bahru. Surrounded by idyllic beauty, Senibong Cove promotes a community lifestyle embraced by nature. It is a development that caters to all walks of life, whether for luxury living lovers or cosmopolitan apartments, where the residents are embraced by the soothing tranquillity of the waters whilst surrounded by parklands and nurtured local wildlife.
Senibong Cove is a world-class marina that is built over 208 acres and will house 5 distinctively different enclaves. The development will be designed with lush parks spotting the area, and waterways running through the landscape. Part of Senibong Cove will also be dedicated to the 20,000 sq ft boutique mall which will offer waterfront dining and waterfront shopping.
The first phase of Senibong Cove comprises The WaterEdge Residences of terrace and semi-detached homes that have been fully sold out. Following closely is phase two of Senibong Cove, comprising Isola Villas which houses a total of 144 units of standalone semi-detached villas, which have also been fully sold out as of Q42017.
Other available residential developments in Senibong Cove include The WaterEdge Apartments – exclusive high rises with only 2 units to a floor, Isola Grandeur comprising 3-storey villas, The Hills Residences and Riviera.
In their pursuit of suiting all lifestyles and needs, The WaterEdge Apartments have a total of 18 different layouts for their buyers to choose from. The sizes of the units range between 506 sq ft and 1,894 sq ft, with the former coming with 1 bedroom and 1 bathroom; sized from RM432,000 and the latter with 3+1 bedrooms with 4 bathrooms; priced from RM1,437,000. The largest unit is sized at 4,495 sq ft, and carries a price tag of RM4,050,000 for the luxuries that come with it.
Location
Selecting Malaysia for their next outstanding development, Senibong Cove was born. As a waterfront development that is designed to stand out internationally, the location of Senibong Cove was meticulously chosen to reflect its prestige.
The waterfront development is surrounded by landed properties, which will give its residents clear and picturesque views of their surroundings. Whilst surrounded by the undulating seas, Senibong Cove is in fact centrally located within Johor Bahru within Iskandar Malaysia. Its location makes it an ideal home for both Malaysia and Singaporeans who work in Singapore and vice versa as the Johor-Singapore Causeway is only 12 kilometres away. Driving the entire way to Singapore will hence take only approximately 40 minutes.
Aside from being able to reach Singapore conveniently, getting to JB Central is also convenient at a 10-minute drive away. The closest shopping hub and commercial centres are an even shorter drive away, at 2 minutes. The Permas Bridge project and the expansion work on the Eastern Dispersal Link (EDL) will further make Senibong Cove more central.
Education Centres Around Senibong Cove
The beauty of living at Senibong Cove is that parents have the option to get their children educated in the best financial institutions in either Malaysia or Singapore. Within the area itself, there is the International School in Permas that is only 10 minutes away. Then there is also the multitude of local Malaysian schools within a 5-kilometre radius such as the Sekolah Kebangsaan Taman Megah Ria.
For higher education, there is Educity approximately 30 minutes away from Senibong Cove that houses some of the world’s best educational institutions. Some of the more prominent schools within Educity include the Newcastle University, Raffles University Iskandar, University of Reading Malaysia, University of Southhampton, and of course the Marlborough College of Malaysia which is famed for being the chosen institution of education by the Duchess of Cambridge.
Getting Around Senibong Cove and Johor
While owning a private vehicle will definitely be the preferred choice of commuting in Malaysia, residents of Johor will be very lucky as they will soon have a variety of transportation choices for getting to Singapore besides driving and getting a bus.
The upcoming High-Speed Rail (HSR) which will connect Singapore to Kuala Lumpur in under 99 minutes will have a stop in Iskandar Malaysia, a short distance from Senibong Cove. Then there will be the upcoming Rapid Transit System (RTS) that will have only two stations – one in Malaysia and one in Johor. This rail system is expected to reduce congestion between the countries significantly.
Analysis
|
Name |
Land Tenure |
No. of Blocks |
No. of Storeys |
Selling Price |
|
The WaterEdge Apartment Completion date: 2018 |
Freehold |
3 |
28 storeys |
From RM467,158 |
|
The WaterEdge Residences Completion date: 2018 |
Freehold |
Nil |
2 |
From RM450,000 |
Senibong Cove is a new standalone mixed development township with no contest. The WaterEdge Apartments is one of the first of its kind in the area and is expected to appreciate rapidly in price.
Summary
Senibong Cove is a relatively new development that is still in its baby stages. Even though phase one and two have already been completed and sold out, the development is not even close to halfway done. While prices have clearly already appreciated, buyers who get a home in Senibong Cove now will still be able to get a decent appreciation on their property value in the future.
