The Straits Serviced Suites

(From RM 8xx,xxx) The Straits is a low density hotel serviced suites with 128 fully furnished luxury apartments  in cosmopolitan Johor Bahru. The hotel serviced suites command an unobstructed view of the Straits of Johor and the coast of Singapore. This property is an ideal INVESTMENT PRODUCT which offers investor a Rental Management Agreement with Leaseback  for 5+5 years at 6% and 7% per annum.

The serviced suites are fully furnished with Bathroom fitting from Duravit & Hansgrohe, Tiles from Feruni, Kitchen fittings from Signature Kitchen.

Sales gallery with show unit is available for viewing

The-Straits-Serviced-Apartment-GRR

Overview of The Straits

  • Project name: The Straits
  • Type of development: Hotel/Serviced Suites
  • Date of completion: 2018 Quarter 3 (estimated)
  • Location: Jalan Abdul Samad, Johor Bahru (see map below)
  • Developer: Sonata Resources
  • Land title: Freehold
  • Number of blocks: 1 block
  • Number of floors: 25 floors
  • Number of units: 128
  • Purchase with Rental Management Agreement:  Leaseback 5+5 years @ 6% per annum (Year 1-5) and 7% per annum (Year 6-10)
  • Hotel Operator: Southeast Asia Landmark
  • Operation & Management: Under the brand name Ramada Suites

 

The Straits-JB-Serviced-Suites-Entrance

Types of unit

  • Type A – 868 sq.ft. (80 sq.meter)
  • Type B/B1 Dual Key -1,540/1,417 sq.ft. (143.1 /131 sq. meter)
  • Type C Dual Key -1,616 sq.ft. (150 sq meter)
  • Type D Penthouse – 2,206 to 3,680 sq.ft.

 

The Straits-JB-serviced-suites-gallery

The-Straits-Johor-Bahru-Serviced-Residence-Floor-Plan

Facilities

  • Aqua Playground
  • Reflective Pool
  • Cabana
  • Pavilion
  • Lobby Garden
  • Lap Pool
  • BBQ Area
  • Custom-made designer kitchen cabinets and a kitchen island
  • Guardhouse
  • Security surveillance
  • Video Intercom
  • Access card to individual floor

Location

The-Straits-Serviced-Apartment-Johor-Bahru

The Straits serviced apartment is  8 minutes’ drive from the JB Sentral railway hub near Johor Causeway and 5 minutes from the Grand Palace Park. The Straits is situated in the same low – density neighbourhood that hosts various renowned institutions. Landmarks such as KPJ Johor Specialist Hospital, the English College, and Thistle Hotel are within walking distance

  • 5 minutes from the Custom & Immigration Quarantine Complex (CIQ), Grand Palace Park, Johor Bahru CBD
  • 7 minutes from KOMTAR and the Persada Johor International Convention Centre
  • Adjacent to various amenities such as banks, restaurants, retail outlets, clinics, and schools

 

The-Straits-Rental-Yield-Investment-GRR

 

Ownership scheme

  • Booking fee: RM5,000
  • Attractive Discount / Rebate
  • Free legal fee on Sales & Purchase agreement  & Loan agreement
  • Rental Management Agreement for 5+5 years at 6% and 7% rental per annum
  • Foreign purchase levy absorbed by developer  (for selected units)
  • Special promotional package for 4-star hotel rated suites furnishing and fittings for a process fee of RM1,000

 

Quick contact: 019 225 1782


 

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