Smart Retiring in Batam with monthly payment

With tighter curbs on Singapore property, residents are increasingly looking for homes around the region that are in close proximity but cost a fraction to retire while earning rental income from their HDB.

Retiring in JB is a choice that comes to mind for many Singaporean. But with crime rates ramping up and increasing properties prices due to foreign investment, many are increasing looking in Batam for properties, that includes a prominent Singaporean footballer, (His name starts with a “F” )

Well Batam as a prospect ticked all the boxes. One of Indonesia’s Riau Islands (along with Bintan), Batam sits 20km off the south coast of Singapore, and is just a 35- to 45-minute ferry ride away. It therefore makes for a perfect marriage of convenience for commuters, expats working in Batam, retirees, companies or those seeking a holiday home. That might come as a surprise to some, since Batam doesn’t have a reputation as a tropical escape, yet I know quite a few expats there – some have lived there for over 20 years – who really enjoy the lifestyle and the fact that it’s much more affordable than Singapore.

Harbour Bay Residences

Located within a integrated development, Harbour Bay Downtown, it is developed by Citra Buana Prakarsa, one of the prominent developer in Batam, think Far East Organisation of Batam.

With a front facing seaview and surrounded by amenities such as Ferry Terminal, shopping malls, entertainment, seafood restaurants and offices, it is a self serving community that is only 40 minutes away from Singapore via Ferry.

With Marriot Hotel opening right next it in late 2020 (also developed by Citra Buana) prices are definitely going up.

Prices

Type A Studio: S$ 8X,XXX | 36.10 sq.m | City / Pool View Unit | Furnish | Freehold

Type B 1 BR: S$ 1XX,XXX | 48.14 sq.m | City / Pool View Unit | Furnish | Freehold

Type C 2 BR: S$ 1XX,XXX | 72.26 sq.m | City / Pool View Unit | Furnish | Freehold

Type D 3+1 BR: S$ 2XX,XXX | 120.40 sq.m | City / Pool View Unit | Furnish | Freehold

Type E 3+1 BR: S$ 2XX,XXX | 120.34 sq.m | City / Pool View Unit | Furnish | Freehold

Type F 4+1 BR: S$ 3XX,XXX | 168.54 sq.m | City / Pool View Unit | Furnish | Freehold

For more info contact : david.ricardo@citrabuanaprakarsa.com

Web Site: citrabuanaprakarsa.com

Azure Bay

Fancy a landed property for retiring? Azure Bay is strategically located in the heart of the Batam City, and close to Mondial National Plus School, Coastarina Park, Mega Mall Shopping Center, Batam Center International Ferry Terminal, Government Office and Hotels. Uniquely designed with the family in mind, it maximise space and layout efficiency to accommodate the whole family’s needs for a spacious living that you don’t get in Singapore.

Classic yet modern in style, with high ceilings and drop down windows, each is an airy, light-filled cocoon, balancing a sense of intimacy with stunning 360-degree views. Bespoke furnishings, accented with local artefacts and wall art, sit comfortably alongside the modern creature comforts that are a standard in all 2-4 bedroom villas.

For more information visit Jimarah Group

Nirup Island X M Gallery Hotel

Next up, a slightly on the high end side is The Riahi MGallery Residences in Nirup Island. A private island resort develop by Citra Buana Prakarsa, it is catered to the yachting community, weekend guests and those looking to retired in a tranquil island just 15 minutes away from Singapore with daily ferry from ONE º15 Marina in Sentosa Cove.

A branded Residences by MGallery, it offers a slice of Maldives lifestyle with Hotel, Spa, Sea Sport Centre and rich marine life just a stone throw away. It is beautifully design and inspired from the nautical spirit of Singapore and the Riau Islands as well as the juxtaposition of land and sea, hill and sand. With buy and lease plan, this freehold property is good investment as well as a holiday home for Singaporeans looking for a escape.