Strategic locations drive demand
IOI Properties Group Bhd (IOI Properties) is upbeat on the property outlook in Iskandar Malaysia region, especially within the Johor Baru areas. On that note, the company is banking on the strategic location of its existing Taman Kempas Utama township to continue attracting buyers for its new launches.
The township located in Johor Baru was launched in May 2008. Sited over 295 acres of land, this development is a harmonious blend of residential and commercial spaces. It features a mix of landed properties, high-rise living, shop offices, and a dedicated area for a light industrial factory park.
Taman Kempas Utama is strategically located with convenient access from multiple directions. In addition to direct access from the North-South Expressway (NSE) via Kempas toll, residents can also easily reach the township via the Eastern Dispersal Link (EDL) Highway. This accessibility makes it convenient to commute to Johor Baru city centre, Singapore, and various destinations across the peninsula that are accessible via the NSE.
IOI Properties is taking advantage of the good demand for landed properties in Iskandar Malaysia and Johor Bahru by launching Valeria 2 double storey semi-detached houses in Taman Kempas Utama in March 2024, expected completion by March 2026.
There are 28 units of the 4+1 rooms and 5 bath, Valeria 2 with 40ft by 80ft land area with price tags between RM1.2mil and RM2.3mil. Valeria 2 is offering parking space for at least three cars comfortably with additional space for other daily activities in front of the house.
Valeria 2 is the follow-up of the success story of Valeria launched in March 2023, with the sold rate about 90%.
Construction of Valeria is progressing well around 70% and the units are expected to handover to buyers in March 2025.
Buyers of Valeria and Valeria 2 can enjoy the comfort and tranquillity surrounded by lush greenery and privacy in gated communities. With smart features, residents can also have empowered life that is connected and secure.
The buyers of Valeria and Valeria 2 are predominantly owner-occupiers seeking a comfortable and convenient living environment. They are likely couples or families who currently reside in the nearby areas, looking to upgrade to semi- detached houses.
These buyers are attracted to Kempas due to its strategic location and the convenience offered in terms of amenities, transportation, and overall quality of life.
Taman Kempas Utama’s close proximity to KTM Kempas station, the final stop linked to Johor Bahru-Singapore Rapid Transit Link (RTS Link), makes commuting to and from Singapore significantly more convenient.
The enhanced transportation between Malaysia and Singapore is driving up demand for properties in the region as Taman Kempas Utama is just 2.5km away from KTM Kempas station.
Taman Kempas Utama is also located 13km to Johor Baru City Centre, 16km to Senai International Airport, 20km to Bangunan Sultan Iskandar Customs, Immigration and Quarantine Complex and 35km to Second Link Crossing in Tanjung Kupang, Gelang Patah.
For more details, call IOI Properties at 07-559 0101 or visit IOI Galleria@Kempas Utama Sales Gallery, Jalan Kempas Lama, Johor Baru. The gallery is open daily from 9am-5pm.