International Asia Residential complex on Batam island 'a viable option' for Singaporeans

Residential complex on Batam island ‘a viable option’ for Singaporeans

The Meisterstadt Batam project aims to develop 8.6 hectares of land to include eight residential towers, a hotel, a hospital, a 100-storey office building, and a megamall

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Batam island on Indonesia is fast becoming a popular destination for Singaporean tourists. Batam is a mere 40-minute drive away from Singapore on a good day. Batam island is known for its sandy beaches and resorts.

Contrary to popular stereotypical perceptions about Batam island, it is already undergoing a massive urban development. Property developers have begun investing into the island in order to attract businesses and boost tourism.

One such endeavor is the Meisterstadt Batam project, spearheaded by former Indonesian president BJ Habibie.

The megamall is called Pollux Mall Batam and is estimated to be the size of Singapore’s Ngee Ann City. It will be open to the public by the second quarter of 2020. The 350-metre office building will be twice the height of Marina Bay Sands.

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The first two towers of Wunderbar Residences will be available for moving in by next year, as 95 percent of the units in all three towers have already been sold.

The project complex capped a milestone last Mar 5 durign the topping-off ceremony of the Wunderbar Residences’ second tower. The event was attended by Dr. Ilham Akbar Habibie, son of Dr. B.J.Habibie and President Commissioner of Pollux Habibie International, and Mr. Po Sun Kok, Chairman of Pollux Group.

Developers say that it would be a good investment to purchase units in Wunderbar Residences considering the accessibility of the Meisterstadt Batam complex to the Batam Centre Ferry Terminal.

“A Singaporean living here can easily get to work in just a little over an hour. As the country’s population continues to rapidly increase, this could be a viable option for many Singaporeans,” Mr. Po said.

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