Iskandar News

Singaporeans snap up Country Garden Danga Bay units


Country Garden Danga Bay, a condominium development in Johor Baru, has sold over 5,000 of the 7,000 units on offer, with 30 per cent of them snapped up by Singaporeans. SINGAPORE: After an elaborate campaign to woo buyers featuring fun-fair rides, fireworks displays and free yacht trips at the showflat site, Country Garden Danga Bay, a condominium development in Johor ... Read More »

Population Growth of Iskandar Malaysia

IM Population

Population Growth of Iskandar Malaysia Based on IRDA and CIMB Research, the population of Iskandar Malaysia will reach 3 millions by 2025. Year                                                     2010            2015             2020            2025 IM Projected Population (mil)    –          1.60             2.07              2.53            3.00 Average growth (yearly)       –        93,333 Average member per household –      4 Estimated house unit required (yearly) –    23,333 Average unit per condo / apartment Project –    500 ... Read More »

Will Johor-Singapore MRT RTS Link to be announced next month?

Iskandar MRT

JOHOR BARU: Malaysia and Singapore have a year starting from next month to make their decision on the Malaysia-Singapore Rapid Transit System (RTS) link project. Iskandar Regional Development Authority (Irda) chief executive officer Datuk Ismail Ibrahim said the feasibility study on the project would be completed by the end of this month. He said phase one of the joint-engineering study ... Read More »

Iskandar home prices blow up on Singapore interest

Johor Bahru

KUALA LUMPUR, Aug 12 — Roaring development in Iskandar Malaysia is creating a flood of Singapore buyers who are driving up Iskandar home prices there by as much as RM500,000 over bank valuations. In recent months, the Johor development corridor has seen the announcement of several high-profile projects including CapitaLand and Temasek Holdings’ planned RM8.3 billion Danga Bay, Singapore billionaire ... Read More »

Johor Sultan backs Country Garden’s Danga Bay project

Country Garden Danga Bay

JOHOR BARU: Johor Ruler Sultan Ibrahim ibni Almarhum Sultan Iskandar believes that the mega Country Garden Danga Bay property project will be a success. The Sultan assured investors that the project would receive fruitful returns. “Based on my own observation, I am sure that with the expertise and ability of the company’s employees, the project will be implemented well,” he ... Read More »

Residents cheer Kemayan City revival

paradigm mall

HOPE FOR PROJECT: Development had been abandoned for more than 10 years Kemayan City, located in Skudai along Jalan SKudai, It has been abandoned since 1997 during the financial crisis. WCT had bought over last year and plan to revive it in a theme similar to its successful flagship Paradigm Mall in Kelana Jaya. JOHOR BARU: RESIDENTS staying near abandoned projects ... Read More »

Formula One Joins Legoland in Plan to Remake Malaysia’s South

horizon Hill

Malaysia is creating attractions, like the Horizon Hills Golf Club, in the economic development zone to lure Singaporeans to the southern tip of the country. Robert Pick, the former deputy head of the U.K.’s Marlborough College, recalls the day in 2009 when he stood atop a hill at the southern tip of nd scanned an endless sea of green palm ... Read More »

Leisure Farm bungalow lots in Iskandar Malaysia sold out

leisure farm

PETALING JAYA: Due to overwhelming response, 10 pre-selected bungalow lots in Leisure Farm Resort, Iskandar Malaysia was sold out with over 30 bids received. Successful bidders secured the units around 10% to 15% above the reserve pricea, with about half of the total sale of RM50mil to Malaysians and the balance to overseas buyers. Leisure Farm Corporation Sdn Bhd, a ... Read More »

Malaysia & Singapore to meet again on High-Speed Rail link


SINGAPORE: Malaysia has finalised its full report on the proposed high speed rail link between Kuala Lumpur and Singapore. Mohd Nur Ismal Mohamed Kamal, CEO of the Malaysia Land Public Transport Commission, said the two sides will meet after the Aidil Fitri celebrations at the end of the month. He said: “The base line alignment and all that is done. But ... Read More »

Country Garden to launch maiden Malaysia project with GDV of RM10bil


GUANGZHOU: China’s seventh largest property developer Country Garden (Holdings) Ltd expects to launch its maiden project in Malaysia on Aug 11, just eight months after purchasing the land. Country Garden Danga Bay (CGDB), with a gross development value of RM10bil, is the company’s first self project outside China. It will be developed via unit Country Garden Danga Bay Sdn Bhd. ... Read More »