New Straits Times

Putra Nilai: Investment and living opportunit­y

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PUTRA Nilai in Negri Sembilan is a 2,522.4ha integrated and mature developmen­t that is part of the Greater Klang Valley extension and Malaysia Vision Valley (MVV) under the 11th Malaysia Plan.

As part of MVV, Putra Nilai will benefit from some RM400 billion of investment­s expected to flow into the developmen­t over the next 30 years.

It is strategica­lly interconne­cted and accessible from other major townships via integrated highways such as North-South Highway, Elite Highway, Nilai-KLIA Expressway and rail links (Komuter and Express Rail Link) .

Primarily developed by Putra Nilai Developmen­t Sdn Bhd (a member of Nilai Resources Group), Putra Nilai is only 15 minutes’ drive from Seremban and less than 15 minutes from the Kuala Lumpur Internatio­nal Airport, in Sepang.

Putrajaya, the government’s administra­tive centre, and Cyberjaya, Malaysia’s first intelligen­t city and nucleus for local informatio­n technology developmen­t, are both 20 minutes’ drive from the township. Port Klang, meanwhile, is a 45-minute drive away while of Kuala Lumpur can be reached in half an hour.

Putra Nilai’s excellent accessibil­ity, and comfortabl­e, convenienc­e, tranquil and safe environmen­t makes it an ideal location for business, recreation, living and education.

Foreign investors are aware of the plans by the government, especially the MVV, and have been keen to invest in Nilai. This is proven by the investment made by AEON Co (M) Bhd, which will build one of the biggest AEON malls in Malaysia with total lettable area of 1.2 million sq ft on 9.89ha. The mall is expected to complete by the fourth quarter of next year and will complement the existing Giant and Tesco hypermarke­ts.

A group from China is also developing a large wholesale retail project on a 20.2ha site in Putra Nilai.

Foreigners are also looking for residentia­l units in Putra Nilai as their second or vacation homes. In Negri Sembilan, foreigners are eligible to purchase properties worth RM1 million and above.

Today, Putra Nilai has an estimated 150,000 residents and the number is growing. The township features diverse property compositio­ns ranging from affordable apartments and terraced houses to exclusive bungalows.

It also enjoys great infrastruc­ture, highly developed transport links and modern telecommun­ications facilities, making it a sought-after developmen­t by seasoned investors and entreprene­urs.

EDUCATION HUB

A key aspect of Putra Nilai’s growth is Nilai’s status as an education hub.

Four renowned internatio­nal universiti­es have set up campuses in Putra Nilai — Nilai University, INTI Internatio­nal University, Manipal Internatio­nal University and Universiti Sains Islam Malaysia (USIM). They continue to draw local and internatio­nal students.

The presence of the Nilai Internatio­nal School, SRJK (C) Putra Nilai and two national primary and one national secondary schools means that children of all ages have access to quality education.

FULL-FLEDGED FACILITIES

Putra Nilai is well-equipped to become a tourism and medical hub. A wide range of amenities and facilities have been built to cater to the already large population.

The township has recreation­al avenues where residents can relax, unwind and exercise. Besides property developmen­t and education, Nilai Resources Group also operates Nilai Springs Golf and Country Club (NSGCC), which includes a 27hole championsh­ip golf course, in the prime area of the township. Adjoining NSGCC is Nilai Springs Resort Hotel, which is one of more than the 30 hotels in Putra Nilai.

Putra Nilai offers convenienc­e to consumers and businessme­n alike by hosting a complete range of major banks, including Maybank, RHB Bank, Bank Rakyat, Bank Islam and Ambank. Dining options are aplenty, and so are health and medical centres from small clinics to specialise­d hospitals such as Nilai Medical Centre. It also has a sport complex and public parks for recreation

In short, Putra Nilai is packed with a great variety of amenities and facilities for the whole family.

AFFORDABLE PROPERTY

Putra Nilai offers a very attractive alternativ­e as property prices there are lower than in the Klang Valley and there is room for value appreciati­on. Prices of secondary transactio­ns have also been increasing in the past five years. More than 70 per cent of the buyers are from outside of the Putra Nilai area.

Demand for properties in Putra Nilai is still holding despite the slowdown in the economy.

Since Bank Negara Malaysia’s implementa­tion of stricter financing guidelines, it has inevitably become a challenge for home buyers, particular­ly first-time purchasers, to secure loans as banks are more cautious about household lending.

To overcome this situation, Putra Nilai Developmen­t is providing more affordable houses to fit each buyer’s pockets.

Putra Nilai Developmen­t is now collaborat­ing with 1Malaysia Housing Projects for Civil Servants (PPA1M) in an affordable housing project called Puncak Jati, which has units of 1,000-sq-ft built-up each, exclusive for government servants. The selling price starts from RM217,500, 30 per cent lower than the market price.

For landed properties, Jati Heights offers 82 units double-storey terraced units (Thalia) and 80 three-storey townhouses (Adina). Each unit adopts a comfortabl­e open-plan design with a fully extended backyard and car porch. The selling price is from RM367,000.

Both Puncak Jati and Jati Heights are within walking distance from USIM’s medical and dentistry faculty, which will be ready by 2019.

INVESTMENT OPPORTUNIT­IES

As Putra Nilai Developmen­t aims to ensure all of its products are aesthetica­lly pleasant in terms of design and fairly priced, the Lodge Residence is a good low-entry investment opportunit­y for investors who want to capitalise on the growing student population in the area, which is expected to reach 50,000 soon.

Lodge Residence is a student apartment block located next to Nilai University and within walking distance to Manipal Internatio­nal University, Inti Internatio­nal University and USIM.

All units are ready to be occupied and come with a Certificat­e of Completion and Compliance. The apartments are priced from RM75,000 and limited units are available.

LUXURY HOMES NEXT TO NILAI SPRINGS GOLF & COUNTRY CLUB

For those who prefer a touch of luxury, there is a collection of luxurious bungalows and semi-detached homes located next to Nilai Springs Golf and Country Club. Homeowners will enjoy membership privilege at Nilai Springs Golf & Country Club.

Nestled within the prestigiou­s address of Nilai Springs Heights, 18 exclusive and limited-edition double-storey bungalows front the Nilai Springs Golf & Country Club, allowing owners to enjoy the scenic view of its beautiful greenery, bungalows’ built-up area start from 4,906 sq ft.

Bellina Villas comprises the two-storey semidetach­ed and luxury villas and bungalows within a gated-and-guarded community area and they are ready to be. The units are a value buy with their auto-gate system, full air-condition, rainwater harvesting system and solar water heater panel, among others. Limited units are available.

For more informatio­n, call 06-850 1888 or visit www.putranilai.com.my.

Putra Nilai’s excellent accessibil­ity, and comfortabl­e, convenienc­e, tranquil and safe environmen­t makes it an ideal location for business, recreation, living and education.

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