Login to PropSocial
Are you an agent? Sign Up Here
Not a Propsocial member? Sign Up
Sign Up with PropSocial
Already a Propsocial member? Login
Austin 18 is a commercial project with a gross development value (GDV) of RM150 million located in the vicinity of Iskandar Malaysia, Johor. This project consists of SOVO units and retail spaces. Conceived for modern city dwellers, Austin 18 creates a brand new concept of small office versatile office in Iskandar, providing an environment of work and play together.
This prime freehold address will stand 25 storeys tall, and included within is a six-storey car park podium. The office units are sized between 662 sf and 1,036 sf, with a launch price of RM415,000. These versatile suites offer high ceilings of 3.6 metres which enhance natural lighting and ventilation, allowing the entire suite to be cooler while looking bright and spacious. Each suite is also powered by high speed broadband, delivering an efficient base for business activities.
Austin 18 is designed to incorporate the importance of work-life balance for its residents. Hence, there will be a myriad of facilities provided. Residents can simply take a dive at the swimming pool to melt the stress away or hit the gym which offers a holistic workout experience. Additionally, basking by the pool deck will offer one views of the tropical picturesque sky, and this rejuvenating ambience is further enhanced by exquisite water curtains. Furthermore, a business lounge is also available for leisurely business transactions.
Part of the facilities provided is a golf putting green for the busy but avid golfer, plus a barbecue deck and a garden terrace for the pleasure of all residents. These facilities at Austin 18 merge work, life and leisure together seamlessly, so as to double up its users’ productivity and creativity.
Austin 18 is surrounded by plenty of public amenities. Aeon Tebrau City and Tesco Tebrau are both approximately 3 minutes away by car, while Hospital Sultan Ismail only requires a mere 1 minute to arrive at. The Johor Premium Outlet (JPO), Legoland and Senai International Airport are less than half an hour away.
As for education institutions, within the vicinity is Sunway College Johor Bahru, Austin Heights Private & International Schools and SJK (C) Foon Yew 5. Located in a central location, Austin 18 is served by a few major highways within minutes away, namely the Pasir Gudang Highway, North-South Expressway (PLUS) and Eastern Dispersal Link (EDL).
The SOVO concept is fairly new in Johor Bahru, therefore it makes Austin 18 a more viable and affordable entry option for young entrepreneurs and professional start-ups alike to establish their business bases, as compared with shop offices and office suites.
No articles available for this property.
Would you like to see our Articles page instead?
CLICK HERE TO USE MAP
Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Austin 18 | 2017 |
RM445,000
-
RM450,000
RM 661 psf - RM 668 psf |
RM1,480 - RM1,480 | NIL | 4.13 % |
Austin Regency | Mar 2015 |
RM230,000
-
RM470,000
RM 410 psf - RM 560 psf |
RM900 - RM900 | NIL | 5.37 % |
Austin Suites | Dec 2014 |
RM250,000
-
RM550,000
RM 330 psf - RM 516 psf |
RM1,000 - RM1,000 | NIL | 3.85 % |
Palazio | 2014 |
RM200,000
-
RM550,000
RM 317 psf - RM 516 psf |
RM800 - RM800 | NIL | 4.34 % |
Tebrau City Residences | 2009 |
RM288,000
-
RM490,000
RM 263 psf - RM 448 psf |
RM1,050 - RM1,050 | NIL | 4.83 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 41,500 |
Loan Amount ( 90 %) | RM 373,500 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Austin 18? Fill in your details and we will get right back to you!