Johor, especially Nusajaya is an fast upcoming area. Capital values have risen by 20% in the last 24 months, amidst at a faster rate in the last 12 months due to warming of ties between Singapore and Malaysiam governments.
Ready demand from
– Organic popupation growth within Johor State
-Malaysians working in Singapore, who are mainly low to middle income earners in Singapore, but on the back of favourable Singapore Dollars, they are able to purchase Malaysian mid to mid highend residential properties.
Potential for Leasing from
-Expatriate housing with the development of several high growth industries in Nusajaya: Pineword Studio for movie making, Legoland, Hello Kitty Theme Park, Medical Healthpark, Southern Industrial & Logistic Clusters, Educity etc.
-Student population size was expected to grow up to 16,000 upon the completion of Educity from 2012 to 2015. Kenanga Research noted a shortage of students/teachers housing or apartments for rent, with only Impiana, Ujana and 1Medini Residences being the only identifiable aparements in the Educity area.
Here is a little brief description on Nusajaya and the idea behind having multiple colleges there in EduCity as well. Nusajaya consists of about 24,000 acres of land for development and EduCity is just one part of Nusajaya where colleges like Marlborough College (UK), University of Southampton (UK),Newcastle University (UK), Raffles University (SG), MDIS (SG) and Netherlands Maritime Institute of Technology have setup branch there. One unique point in EduCity is that all the colleges setting up there will be offering only one major course related to the college. For example:
- Newcastle University Medicine Malaysia –> Medical degree
- University of Southampton Malaysia –> Engineering degree
- Marlborough College Malaysia –> International Baccalaureate : http://www.marlboroughcollegemalaysia.org
Marlborough College is a community where scholarship is cherished, creativity celebrated, diversity enhanced and conversation is paramount. Our school in Malaysia will open in August 2012. It is situated on a secure 90-acre estate on the southern tip of Malaysia in Iskandar Malaysia, just across the second causeway from Singapore. This provides a spacious and beautiful environment which will enrich the development of our pupils.
Marlborough College Malaysia will be a fully co-educational, independent boarding and day school for pupils aged between eleven and eighteen. There will also be a day preparatory school for pupils aged between five and eleven. In addition to promoting and achieving academic excellence, our mission is to encourage children to explore, through compassion, companionship and conversation; and from that exploration, to build confidence and communities for good. This will develop well rounded balanced individuals who will maximise their own considerable potential and contribute to society in a positive way.
- Netherlands Maritime Institute of Technology –> Maritime degree
- Raffles University –> Multiple/Comprehensive undergrad and graduate program