11 August 2013 is a big day in property market Iskandar
Malaysia. With the massive advertisements through Singapore TV, Singapore
Newspapers, Malaysia TV and Malaysia Newspaper, Country Garden Danga Bay
having its official launch of its Danga Bay new property launch. Free shuttle
bus from Singapore to Danga Bay, free fun-fair rides, fireworks display and
free yacht a trip at the show flat site and its advertisements campaign attract
many Singaporeans home buyers and Malaysians home buyers, and has property
sales of over thousand units on offer, with 25% of them snapped up by
Singaporeans.
Country Garden Danga Bay iskandar project is located in the
Iskandar Malaysia Flagship A, Johor Bahru. It is just 3 minutes ride
away from the Malaysia-Singapore Causeway and CIQ (Complex of Immigration and
Quarantine). The property developer of Country Garden Danga Bay is Country Garden Group, a well known property
developer from China. Country Garden bought the Danga Bay commercial land
parcel in this early year at RM300 plus to develop these mix developments iskandar project with expected Gross
Development Value GDV of 8 billion.
Country Garden Danga Bay features 9000 units of condominium on
the waterfront coastal line ranging from 400 s ft to 1,400 sq ft. Within this iskandar
project will have shopping mall, man-made beach and 6 yacth berths. Phase 1 of
Country Garden Danga Bay slated to be complete by 2017.
A representative for Country Garden said that 40% of the home buyers
are Malaysian, 25% are Chinese nationals, 25% are Singaporean, and the
remaining are other nationalities. Many home buyers were attracted by the
Country Garden Danga Bay new property launch affordable and relatively low property prices. The average property
prices is about RM800 per sq ft. Comparing to average RM1000 per sq ft by its
competitor, Capri which is located next to Country Garden, Country Garden have
more selling points and better property prices which increase and enhance the
willingness for home buyers to buy either for the purposes of investment, stay
or vacation.
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| Country Garden Danga Bay |
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