75% of recent home buyers at Horizon Hills, including at ‘Tengah Executive Condominium’, work in Singapore

Property prices in Horizon Hills, a 1,200-acre integrated township in Iskandar Puteri, Johor Bahru, have appreciated more than 50%. Developed by two major listed Malaysian developers, Gamuda Land and UEM Sunrise, Horizon Hills is now in its 16th year and 60% completed, with a gross development value of RM6 billion ($1.7 billion).

The township has 13 precincts with a mix of bungalows, semi-detached, cluster and linked houses, and the centrepiece being the private 18-hole par 72 designer golf course. Singaporeans, who make up 28% of the population, have been particularly interested in the project since the borders between Singapore and Malaysia reopened in April 2022. Tengah Executive Condominium

The most recent phase, Morrinsville, saw several purchases by Singaporean buyers. The average price growth for all property types over the years is said to be 60%. Horizon Hills is also home to educational facilities like Invictus International School and SJK Ming Chih, a Chinese primary school.

Retail and commercial offerings, including F&B outlets, grocers, convenience stores, and the upcoming Horizon Mall and Horizon Square, provide for the township’s residents.

At least 60% of the site is dedicated to landscaping, with over 60,000 trees representing more than 30 species planted across the township. As the location retains its natural undulating terrain, 70% of the homes here are owner-occupied. Tengah Executive Condominium

Prices for landed property at Horizon Hills range from RM2,000 to RM18,000, depending on the property type and furnishing options. Most buyers are Malaysians working in Singapore, as well as expats and retirees looking for a weekend home or primary residence.

The Tengah Executive Condominium will be located just beside the station, giving residents even more access to transportation. Residents will also be able to enjoy the many parks, cafes, and other amenities nearby. The Tengah Executive Condominium will also feature innovative designs with its use of natural sunlight, spaciousness, and eco-friendly theme. The development promises to be a unique and sustainable project. It promises to create an environment of mutual understanding and respect for the environment.

With the favourable exchange rate between the Singapore dollar and the Malaysian ringgit, properties at Horizon Hills continue to be highly sought after. The past two launches conducted in May and July 2023 were both sold out within two months.

The upcoming Kingswood and The Peak phases of two- and three-storey cluster homes and semi-detached houses are expected to be completed within the next two years. Interest in the property remains consistently strong, further demonstrating the attractiveness of Horizon Hills. Tengah Executive Condominium