The new Traders Hotel overlooking Puteri Harbour, a marina development that spans 687 acres (2.8 sq km) on the Straits of Johor, with a view over the island of Singapore. This waterfront precinct houses a functioning marina and a ferry terminal with expensive and infrequent services to the Harbourfront area of Singapore (90 minutes away). There is currently much development and speculation in the area. Many people working in Singapore have bought property here taking advantage of the lower prices. The area is part of the 'five flagship' zones that have been undergoing massive development in the Iskandar region, the main southern development corridor in Johor State.