ONE15 Marina Development Berhad, a Joint Venture Company (“JVC”) between SGX Mainboard-listed SUTL Enterprise Limited (“SUTL Enterprise” or the “Group”) and UEM Land Berhad (“UEM Land”) a wholly owned subsidiary of UEM Sunrise Berhad (“UEM Sunrise”), today marked the commencement of construction of ONE°15 Marina Puteri Harbour Malaysia with a ground-breaking ceremony graced by His Majesty Sultan Ibrahim Ibni Almarhum Sultan Iskandar, Sultan and Sovereign Ruler of the State and Territory of Johor Darul Ta’zim. The Sultan was accompanied by a delegation from the Johor State government, led by Chief Minister of Johor, Dato’ Haji Osman Haji Sapian.

The ground-breaking ceremony marks a significant milestone for the JVC, which had first announced plans for ONE°15 Marina Puteri Harbour Malaysia, in February 2016. In December 2018, it was granted the approval by the Companies Commission of Malaysia (or Suruhanjaya Syarikat Malaysia (“SSM”) for the sale of memberships. The JVC is currently in the process of setting up a marketing gallery at Puteri Cove Residences which is in close proximity to the site of the upcoming marina and plans to start its membership drive in tandem. Prospective members will be able to catch a glimpse of what ONE°15 Marina Puteri Harbour Malaysia has to offer with the launch of the Club’s sales gallery in May 2019.

Thoughtfully designed and curated, the gallery will reflect the ONE°15 Marina brand philosophy, as well as the unique personality and characteristics of this city marina. The gallery will also showcase key features of the marina, including an impressive scale model of the clubhouse and marina, complete with interactive lighting and technological features for a more immersive experience. Through this gallery, visitors will embark on an experiential journey where they will be introduced to the marina lifestyle.

The marina will target Singaporeans, Malaysians as well as expatriates living in, or who own property in, Johor. The new marina caters to affluent families as well as singles and millennials
who enjoy the waterfront lifestyle away from the hustle and bustle of city life.

According to Alpha Marketing, a real estate research and investment consultancy that specializes in the Singapore and Malaysia markets, Iskandar Puteri, Malaysia has been attracting a growing
community of expatriates over the years. Its key suburbs, which include Puteri Harbour, have been seeing strong population growth from China, South Korea and Japan because of the availability of international schools, better quality of life, lower cost of living and clean environment as well as strong retail and recreational options.

Lauded as an up and coming lifestyle hub in the Iskandar precinct of Johor, ONE°15 Marina Puteri Harbour Malaysia is expected to be completed by 2023. It will feature a 13,616 m2 private Clubhouse with a full-service private marina with 207 berths, 77 deluxe hotel rooms and suites, a 2-storey Members’ Lounge, meeting rooms and a 320-seat ballroom, gym, swimming pool with water play area for kids, multiple dining outlets, co-working spaces, kids’ club, day spa, and retail outlets. The nearby ONE°15 Estuari Sports Centre offers additional sports and recreational activities.

SUTL Enterprise Executive Director and CEO, Mr Arthur Tay, said: “We believe ONE°15 Marina Puteri Harbour Malaysia is going to inject new life and energy into and be a jewel in the crown of the Puteri Harbour precinct. We look forward to the marina becoming fully operational and attracting waterfront enthusiasts and yachts from all over the world. The upcoming marina will greatly complement our existing ONE°15 Marina Sentosa Cove Singapore and create a new buzz for the region’s boating community and all who enjoy life one degree better in a safe, secure private club setting.

“We look forward to welcoming members at ONE°15 Marina Puteri Harbour Malaysia, which will manifest the ONE°15 brand promise “to celebrate a life less ordinary”. Owning a membership is
more than just access to facilities and amenities, but more importantly, it serves as a secure and private sanctuary for members to build relationships, create memories and share experiences with their families, friends and business partners.”

UEM Sunrise’s Managing Director/Chief Executive Officer, Mr Anwar Syahrin Abdul Ajib said: “We are excited about the plans for Puteri Harbour as well as the collaboration with SUTL Enterprise, a partner who shares the same vision and goal of improving the quality of living in the communities in which it operates. We believe that the expansion and development of a world-class marina in Puteri Harbour will add to the vibrancy and attractiveness of Iskandar Puteri and contribute towards transforming Iskandar Puteri into a truly sustainable community”

The close proximity of the clubs at Sentosa Cove and Puteri Harbour means ONE°15 Marina Puteri Harbour Malaysia members can charter yachts from either marina. As an additional benefit, club members will enjoy access to a network of private marina club privileges around the world. Social and boating membership fees for ONE°15 Marina Puteri Harbour Malaysia’s private marina club are expected to start at RM 40,000 and RM 50,000 respectively. For a limited time only, early bird sign-ups will enjoy privileges such as discounts on their membership prices. Members can also look forward to other joint membership privileges, with plans to partner with property developers, lifestyle partners, and local business associations to offer special membership incentives.

SUTL Enterprise Limited (“SUTL Enterprise” or the “Group”), a leading marina developer, operator, and consultant and owner of the ONE°15 brand today announced that ONE15 Marina Development Berhad, a Joint Venture Company (“JVC”) with UEM Land Berhad (“UEM Land”) a wholly owned subsidiary of UEM Sunrise Berhad (“UEM Sunrise”), has been granted the approval by the Companies Commission of Malaysia (or Suruhanjaya Syarikat Malaysia (“SSM”) to begin selling memberships for its upcoming private marina club at Puteri Harbour of Iskandar Puteri in Iskandar Malaysia, Johor, which will be named ONE°15 Marina Puteri Harbour, Malaysia.

This comes as their joint venture agreement turns unconditional with the fulfilment of all conditions precedent. JVC will proceed with ground breaking and commence construction of the marina in the first quarter of 2019. Sale of the private marina club memberships will begin concurrently with the commencement of the construction of the marina. The JVC is currently constructing a sales gallery in Puteri Harbour in Johor for the upcoming launch.

SUTL Enterprise Executive Director and Chief Executive Officer, Mr Arthur Tay, said: “This has been long-awaited and we are pleased to have finally gotten SSM’s approval to go ahead with sales of membership. Our marketing team has used the time to prepare the necessary collaterals ahead of the launch and I would like to thank them as well as our project team and our partner UEM Land for working tirelessly to push this through so that we can kick off 2019 with a bang.”

UEM Sunrise’s Managing Director/Chief Executive Officer, Mr Anwar Syahrin Abdul Ajib said: “We are excited about the plans for Puteri Harbour as well as the collaboration with SUTL Enterprise, a partner that shares the same strategic vision and goal. We have been gearing up with our plans to rejuvenate Puteri Harbour and the collaboration with SUTL Enterprise which expertise lies in developing and operating marinas in addition to owning the prestigious ONE°15 Marina at Sentosa Cove in Singapore, is certainly one of the main key drivers towards the rejuvenation plan as this can potentially unlock Puteri Harbour’s value. As such, we are optimistic about this prospect and hope to deliver similar expectations as those in Sentosa Cove in our Puteri Harbour.”

“The sale of memberships is the first step towards improving the quality of living within the community in which UEM Sunrise operates, and with the expansion and development of a world class marina in Puteri Harbour, it will further add vibrancy and attractiveness in transforming Iskandar Puteri into a sustainable community.”

ONE°15 Marina Puteri Harbour Malaysia is expected to be completed by 2020 and the features and amenities of the approximately 13,616 m2 private Clubhouse will include a full-service private marina, 77 deluxe hotel rooms and suites, a Members’ Lounge, meeting rooms and a 320-seat ballroom, gym, swimming pool with water play area for kids, all-day dining restaurant, pool bar, rooftop bar and grill, co-working spaces, kids’ club, day spa and retail outlets.

Nearby, the ONE°15 Estuari Sports Centre will offer sports facilities including indoor/outdoor tennis courts, badminton courts, squash courts, an Olympic-size pool, gym and yoga/aerobics rooms. Together with the private clubhouse, Members will be spoilt for choice when it comes to leisure and recreational activities.

The close proximity of the clubs at Sentosa Cove and Puteri Harbour means members can live life one degree better by chartering yachts from either marina. ONE°15 Club Members, as well as the public, can charter yachts from ONE15 Luxury Yachting or from the Group’s online lifestyle marketplace – ONE°15 Life – to enjoy this experience.

Mr Tay said: “We are confident that ONE°15 Marina Puteri Harbour Malaysia will enhance the lifestyle offerings at the Puteri Harbour precinct and bring new traffic to the area. We believe that its top-notch features and facilities are compelling reasons for people interested in the waterfront lifestyle to sign-up, especially because of the attractive membership fees being offered.”

As an additional benefit, ONE°15 Members will enjoy access to a network of private marina club privileges around the world.