Master Plan
R&F Princess Cove @ Tanjung Puteri sitting on the 116 acres of land, 3 times the site of Country Garden at Danga Bay. The land was bought at RM4.5bil in a deal involving the Johor Royalty in late last year (2013). This translated into RM890 psf (per sq ft), which is the second most highly priced land in Johor Bahru. R&F Princess Cove is also in the prime area of Johor Bahru (near location of future MRT in JB) with Marina seafront directly facing Singapore. It encompasses a 116-acre commercial mixed development (HOPSCA Concept : H=Hotel, O=Office, P=Park, S=Shopping, C=Conference, A=Apartment) straddling both sides of the Causeway to Singapore, Tanjung Puteri Waterfront, Johor Bahru, is the Southern Gateway to Malaysia, a prime beachfront real estate with a GDV of RM24.5 billion. The development aims to create HOPSCA Marina Living Lifestyle which designed to be a showcase of Hotels, Office tower, skyPark, Shopping mall, Clubhouse and luxury Apartments. HOPSCA – perfectly define the work, live, play and leisure to offering exceptional living in life. When completed, JB Tanjung Puteri Waterfront will certainly comprise an estimated 41 million sqft of built-up space. The development would be divided into four phases. The phase-1 is expected to be completed 2020. And, The phase-2 is expected to be completed 2022. The whole development will be take 15-20 years to be completed.
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