Aurora Avenue: upcoming commercial hub of Johor’s economic boom
12 Jul 2024
Aurora Avenue is poised to become the preferred destination for businesses seeking a prime location in the heart of Iskandar Puteri, Johor.
PETALING JAYA: Last year, Johor secured RM70.6 billion in foreign investments across diverse sectors. Positioned as the nation’s
Johor’s economy is experiencing rapid growth and is tipped to be Malaysia’s next economic powerhouse.new growth engine,
Johor’s strategic proximity to Singapore presents lucrative opportunities for business, networking, collaboration, and talent acquisition.
Moreover, the recently signed memorandum of understanding (MoU) between Malaysia and Singapore establishing a special economic zone (SEZ) is set to further boost collaboration between the two nations and bring significant economic benefits. It will drive investments, foster innovation and attract multinationals looking to capitalise on Johor’s strategic location.
Apart from the SEZ, major infrastructure projects such as the Forest City Special Financial Zone and other facilities also contribute to Johor’s economic boom.
The upcoming Rapid Transit System (RTS) link and QR code clearance at border checkpoints will streamline cross-border travel, further enhancing connectivity between Johor and Singapore. Easy access to Changi and Senai International Airports, along with the Puteri Harbour ferry terminal, also unlocks diverse global opportunities.
Iskandar Puteri – Johor’s next centre of gravity
With an allocation of RM6.83 billion by the Malaysia government, Iskandar Malaysia is set to make Johor the southern gateway to Peninsular Malaysia. Accessible by air, land, rail and sea, Iskandar Malaysia’s advantages are many.
It enjoys relatively short flights to Asia’s other growth centres such as Bangalore, Dubai, Hong Kong, Seoul, Shanghai, Taipei and Tokyo and is within reach of a prospective global market of over 800 million people. Iskandar Malaysia is also flanked by three major ports – Pasir Gudang, Tanjung Pelepas and Tanjung Langsat.
Five Flagship Zones have been designated as key focal points for development in Iskandar Malaysia to further strengthen existing economic clusters, as well as diversify and develop targeted growth sectors. Several tax incentives for promoted activities are also in place.
Strategically located close to Singapore and at the heart of Johor’s infrastructure developments, Iskandar Puteri is emerging as the next centre of gravity in the state’s economic landscape.
Central to the SEZ and a key area for business expansion and economic activities, this thriving city is set for unprecedented growth with Country View Berhad spearheading its development.
Country View Berhad – meeting Malaysia’s evolving development needs
A premier Johor-based property developer in Malaysia providing quality residential and commercial properties that meet the evolving needs of their customers, Country View Berhad’s mission is to build properties that last for generations.
At present, Country View has several actively advancing projects aimed at fostering a vibrant community in Iskandar Puteri, including Aurora Resort Villas and Aurora Avenue.
Aurora Avenue: a one-of-a-kind trendsetter
Set to redefine the landscape of Iskandar Puteri, Aurora Avenue is a groundbreaking commercial development poised to become the preferred destination for entrepreneurs and investors alike. It’s ideal for businesses seeking a prime location in the heart of the city.
A top-tier commercial development, featuring 182 distinctive three-story semi-detached shop offices with private and public parking, Aurora Avenue offers exceptional accessibility as it is located near major transportation hubs, highways, and public transport for seamless local and international connections.
With over 525,351 residents in Iskandar Puteri, Aurora Avenue also has the advantage of a solid customer base for potential business success.
Designed for commercial success
Featuring an aesthetically striking architectural facade, contemporary landscaping and distinctive exteriors, Aurora Avenue stands out with its unique design.
Unlike generic terraces (two storeys or three storeys), Aurora Avenue offers semi-detached (semi-D) shop lots with two property types, providing owners with the flexibility of extending their shops and customising designs. With land lots of 48’ x 100’, each lot is also significantly larger than a generic terrace shop, allowing for a more spacious ground floor area.
Up to 7.6-metre ceiling heights provide space for maximum utilisation, and 3.15-metre height aesthetically pleasing glazed windows offer natural light and ventilation, as well as high visibility.
Ample public parking with over 1,600 spaces is highly advantageous for businesses, especially restaurants, and EV charging ports highlight Aurora Avenue’s eco-friendly commitment.
Key attractions such as Legoland Malaysia, Velodrome Iskandar Puteri, and Puteri Harbour are within easy reach. Education and healthcare facilities including Gleneagles Hospital Medini Johor, Columbia Asia Hospital Iskandar Puteri and EduCity comprising eight to nine universities attracting foreign students, as well as international schools such as Marlborough College Malaysia and Raffles American School, are also nearby.
Close proximity to industrial hubs such as the Port of Tanjung Pelepas (PTP) and Nusajaya Tech Park and key government institutions like Kota Iskandar and Majlis Bandaraya Iskandar Puteri, add to Aurora Avenue’s appeal.
Prime property poised for long-term business growth
A well-planned and well-designed commercial hub, Aurora Avenue has the potential to become the new hotspot in Iskandar Puteri.
With land prices in Iskandar Puteri being currently favourable, investing in Aurora Avenue presents an excellent opportunity for local businesses and aspiring entrepreneurs to establish themselves in this high-growth area.
As Johor’s economy continues to thrive, the promising outlook for property value appreciation makes Aurora Avenue a prudent choice for forward-thinking investors.
To explore the future of commercial developments where innovation meets opportunity, visit Aurora Avenue’s website.
