JOHOR BAHRU (Nov 25): The state government's scheme to help the low-income group obtain loans for affordable homes in Johor will be available in January.
State Housing and Local Government Committee chairman Datuk Abdul Latif Bandi said the scheme drawn up by the state government and Ambank Islamic Bhd was a proactive move to help realise the people’s aspirations of owning a home.
"This scheme helps the target group obtain their housing loans, which are difficult to be approved by other commercial banks.
"Through this scheme, Ambank Islamic will provide funds totalling RM300 million to ensure that the target group obtain financing for their homes," he said at the Johor state legislative assembly sitting in Nusajaya yesterday.
Latif was replying to questions from Puan Sri Azizah Zakaria (BN-Parit Raja), Datuk Dr Adham Baba (Pasir Raja) and Datuk Syed Sis Syed A Rahman (Tanjung Surat) relating to the affordable housing applicants’ difficulty in securing a bank loan despite having received a eligible affordable housing certificate from the Housing Division of the Johor State Secretary.
Latif said the scheme was the brainchild of Menteri Besar Datuk Seri Mohamed Khaled Nordin, who announced it when tabling the 2016 Johor Budget on Thursday.
The scheme will assist those eligible to obtain financing for an affordable home, particularly Package A type units priced at RM42,000, and Package B at RM80,000.
Source: http://www.theedgeproperty.com.my/
Showing posts with label Nusajaya. Show all posts
Showing posts with label Nusajaya. Show all posts
Friday, 27 November 2015
Tuesday, 4 August 2015
Mitsui to offer build-to-suit properties for lease in Nusajaya, Iskandar Malaysia
SINGAPORE – Mitsui & Co Ltd, one of Japan’s largest general trading companies, has entered into a joint-venture (JV) agreement with Singapore’s business space solutions provider Ascendas and Malaysian property developer UEM Sunrise Berhad to offer build-to-suit (BTS) properties for lease in Nusajaya Tech Park in Iskandar Malaysia.
Nusajaya Tech Park Sdn Bhd (NTPSB) is jointly owned by Ascendas and UEM Sunrise. Nusajaya Tech Park will be developed in phases over nine years, according to its website, and is one of the closest industrial sites to the Malaysia-Singapore Second Link.
The JV marks the first Japanese partnership for industrial parks in Iskandar Malaysia, although Mitsui has already developed an extensive network in Japan, especially in sectors such as industrial property development and leasing.
Ascendas, which is a member of Ascendas-Singbridge group, has had over 30 years of experience and assets under management exceeding S$16 billion.
UEM Sunrise, a Malaysian public-listed company, offers services in macro township development, high-rise residential, commercial retail and integrated developments, as well as property management.
Said Reiji Fujita, Mitsui’s general manager of urban development division: “Japanese companies are increasingly seeking investment and expansion opportunities in South East Asia as part of their globalisation strategies. Our collaboration with two very formidable industry leaders in this market, Ascendas and UEM Sunrise, will cement our position as a preferred partner for Japanese companies seeking growth in this part of the world.”
Mitsui and NTPSB will hold equity stakes of 49 per cent and 51 per cent respectively in the JV entity, according to a press release on Tuesday.
Some 10.7 ha of land will be set aside for the development of BTS properties for lease within the 210-ha large Tech Park as part of their agreement, with total development costs estimated at S$167 million over four years.
Said its press release: “the Mitsui-NTPSB joint venture will provide one-stop solution to companies who prefer to operate in customised facilities on long-term leases, without the hassle and capital expenditure associated with the construction process”.
The BTS project intends to oversee and finance the real estate process for customers, including the design, construction and project management, and also offer integrated industrial, commercial spaces, dormitories, amenities and support facilities – all within Nusajaya Tech Park.
“We welcome Mitsui as a new partner in Nusajaya Tech Park,” said William Tay, chief executive officer of Ascendas South East Asia and director of NTPSB. “Through this new joint venture, our customers in Nusajaya Tech Park will not only benefit from solutions that are customised to their business needs, but also enjoy international standards of business space development and operations as a result of the collective strengths of all three partners.
“We are confident that Nusajaya Tech Park will continue to play an instrumental role in catalysing industrial growth and creating an eco-system of high value-added industries in Iskandar Malaysia.”
Source: http://business.asiaone.com/news/mitsui-offer-build-suit-properties-lease-malaysia
Thursday, 28 May 2015
Iskandar Malaysia Asian Trade Centre project scrapped
The principal developer of Iskandar Malaysia, UEM Sunrise Bhd, has ceased its plan to build Asian Trade Centre project in Nusajaya, Iskandar Malaysia.
Singapore's The Straits Times reported today that no reason was given for the decision to halt plans to build the huge Asian Trade Centre (ATC) in Iskandar Malaysia, Johor.
The newspaper noted that this would likely intensify concerns that the fast-growing region is hitting some "speed bumps".
The move has stunned property experts, especially since UEM Sunrise managing director and chief executive Anwar Syahrin Abdul Ajib was quoted in a New Straits Times report last December as saying the company was "in the midst of getting approvals from the relevant authorities" for the Iskandar project.
A property consultant noted the first phase of the centre's development, the China Mall, was supposed to be a catalyst - a mall "even larger than Pavilion in Kuala Lumpur", and meant to attract foreign investors.
'Further worries in the property market'
"Cancelling it is not good for business. Others may have made plans based on the announcement," the consultant said.
Others in the industry said the decision to drop such a large facility would create further worry in the Iskandar property market, which is already weakened by oversupply concerns in the residential sector.
ATC-China Mall was to be akin to the Dragon Mart in Dubai that Chinamall Holdings opened in 2004.
Anwar Syahrin said last December that UEM Sunrise was building the trade centre because it believed Malaysian products were not being marketed properly.
"We want international and local manufacturers to showcase their products and do trade shows at the ATC. We are tying up with Chinamall Holdings Pte Ltd from China,” he was quoted as saying in the New Straits Times report.
The 1.4 million sq-ft mall, worth more than RM600 million, was supposed to house more than 3,000 merchants offering products such as textiles, gifts, souvenirs, electrical and household appliances, furniture, toys and jewellery.
The ATC is in the Nusajaya area, about a five-minute drive from the Johor Bahru checkpoint at the Second Link with Singapore.
It was to have been part of the 1,840ha Gerbang Nusajaya, the site of the second development phase of Nusajaya city. The area includes Puteri Harbour and the upcoming Nusajaya Tech Park and Motorsports City.
UEM Sunrise had signed a memorandum of understanding with Chinamall Holdings in late 2012 to develop the China Mall.
According to its website, Chinamall Holdings, which is incorporated in Singapore, is a building materials trader and constructs and operates specialised wholesale markets.
The deal was for UEM Sunrise to own the mall, with Chinamall Holdings managing and marketing it on a long-term lease.
Source: http://www.malaysiakini.com/news/299656
Singapore's The Straits Times reported today that no reason was given for the decision to halt plans to build the huge Asian Trade Centre (ATC) in Iskandar Malaysia, Johor.
The newspaper noted that this would likely intensify concerns that the fast-growing region is hitting some "speed bumps".
The move has stunned property experts, especially since UEM Sunrise managing director and chief executive Anwar Syahrin Abdul Ajib was quoted in a New Straits Times report last December as saying the company was "in the midst of getting approvals from the relevant authorities" for the Iskandar project.
A property consultant noted the first phase of the centre's development, the China Mall, was supposed to be a catalyst - a mall "even larger than Pavilion in Kuala Lumpur", and meant to attract foreign investors.
'Further worries in the property market'
"Cancelling it is not good for business. Others may have made plans based on the announcement," the consultant said.
Others in the industry said the decision to drop such a large facility would create further worry in the Iskandar property market, which is already weakened by oversupply concerns in the residential sector.
ATC-China Mall was to be akin to the Dragon Mart in Dubai that Chinamall Holdings opened in 2004.
Anwar Syahrin said last December that UEM Sunrise was building the trade centre because it believed Malaysian products were not being marketed properly.
"We want international and local manufacturers to showcase their products and do trade shows at the ATC. We are tying up with Chinamall Holdings Pte Ltd from China,” he was quoted as saying in the New Straits Times report.
The 1.4 million sq-ft mall, worth more than RM600 million, was supposed to house more than 3,000 merchants offering products such as textiles, gifts, souvenirs, electrical and household appliances, furniture, toys and jewellery.
The ATC is in the Nusajaya area, about a five-minute drive from the Johor Bahru checkpoint at the Second Link with Singapore.
It was to have been part of the 1,840ha Gerbang Nusajaya, the site of the second development phase of Nusajaya city. The area includes Puteri Harbour and the upcoming Nusajaya Tech Park and Motorsports City.
UEM Sunrise had signed a memorandum of understanding with Chinamall Holdings in late 2012 to develop the China Mall.
According to its website, Chinamall Holdings, which is incorporated in Singapore, is a building materials trader and constructs and operates specialised wholesale markets.
The deal was for UEM Sunrise to own the mall, with Chinamall Holdings managing and marketing it on a long-term lease.
Source: http://www.malaysiakini.com/news/299656
Wednesday, 19 November 2014
Johor gets RM150 million for roads
NUSAJAYA: The Johor government has allocated RM150 million to upgrade and widen village roads through Infra Desa Johor (IDJ) from February 2012 to January next year, said state Public Works and Rural and Regional Development Committee chairman Hasni Mohammad.
“IDJ did not widen or upgrade any road from 2010 to 2011 because its existing scope of work was only to carry out road maintenance,” he said in reply to a question from Aminolhuda Hassan (Pas-Parit Yaani) at the Second Meeting (Budget 2015) of the Second Term of the 13th Johor State Assembly, here, today.
He said since September, the progress of work done was worth RM143 million, which was 95 per cent of the allocation spent involving 1,100 km of road.
“It is expected that IDJ will be able to complete repairs and upgrades on 1,121 km of road until January 2015.
“From the 1,121 km, widening will be done on 514.11 km which is 46 per cent of the total road being upgraded,” he said.
To a question from Mohammad Taslim (PAS-Maharani), he said roads which were tarred in Maharani using funds from Marris (Malaysian Road Records Information System) in 2012 involved 11 roads, 12 roads in 2013 and nine roads in 2014.
“Jalan Kampung Parit Samsu is included in the list of works done in 2012 and 2013. Jalan Kampung Parit Samsu has been repaired several times through the allocation from Marris.
“According to records since 2012, this road has been repaired twice but the same problem recurs. Based on our visual site investigation, the road edge’s weak structure is the main cause of the damage,” he added.
Source: www.freemalaysiatoday.com/
“IDJ did not widen or upgrade any road from 2010 to 2011 because its existing scope of work was only to carry out road maintenance,” he said in reply to a question from Aminolhuda Hassan (Pas-Parit Yaani) at the Second Meeting (Budget 2015) of the Second Term of the 13th Johor State Assembly, here, today.
He said since September, the progress of work done was worth RM143 million, which was 95 per cent of the allocation spent involving 1,100 km of road.
“It is expected that IDJ will be able to complete repairs and upgrades on 1,121 km of road until January 2015.
“From the 1,121 km, widening will be done on 514.11 km which is 46 per cent of the total road being upgraded,” he said.
To a question from Mohammad Taslim (PAS-Maharani), he said roads which were tarred in Maharani using funds from Marris (Malaysian Road Records Information System) in 2012 involved 11 roads, 12 roads in 2013 and nine roads in 2014.
“Jalan Kampung Parit Samsu is included in the list of works done in 2012 and 2013. Jalan Kampung Parit Samsu has been repaired several times through the allocation from Marris.
“According to records since 2012, this road has been repaired twice but the same problem recurs. Based on our visual site investigation, the road edge’s weak structure is the main cause of the damage,” he added.
Source: www.freemalaysiatoday.com/
Thursday, 23 October 2014
Economists bullish on impact of Kuala Lumpur-Singapore HSR rail project
KUALA LUMPUR: The RM38.4 billion Kuala Lumpur-Singapore high-speed rail project should not be seen only as a transportation upgrade but one should also observe the domino effect it would have on both Malaysia and its neighbour.
Economic analyst Hoo Ke Ping said the project, once completed, would benefit both countries and “we would enter a new phase of tourism by having more foreign tourists coming into Malaysia.
“Although the project is concentrated mainly in Johor, neighbouring states, such as Malacca, Negri Sembilan and Kuala Lumpur, would also benefit from it,” he told Business Times yesterday.
“We could expect an increase in property growth as well as other sectors as the result of the rail construction.”
Hoo also dismissed the notion that more Malaysians would be working in Singapore once the project was completed.
“I think quite the opposite will happen. More Singaporeans would be coming over to Malaysia for obvious reasons, such as shopping and a lower currency exchange rate.
“Singapore had already imposed a ruling that businesses could only employ foreigners for jobs offering salaries of more than US$12,000 (RM39,000). So, the speculation is baseless.”
On a related matter, Hoo said with the Kuala Lumpur-Singapore airline route being one of the most profitable course, local carriers should start mulling over other route possibilities.
“Maybe local airline companies, such as Malaysia Airlines and AirAsia, should strategise to find replaceable routes that could bring in as much profit as the Kuala Lumpur-Singapore route.”
An economist, who wished to remain anonymous, said the impact of such a project would be good in terms of connectivity between Singapore, a developed economy, and Malaysia, a fast developing economy, which, in turn, would spur growth in both countries.
“Singapore is a financial epicentre, and since Malaysia aspires to be an Islamic financial hub, the improved connectivity should ease networking and the allocation of resources between the two countries.
“The multiple stops in the rail link would also accelerate local businesses at nearby areas.”
Source: http://www.nst.com.my/node/45270
Economic analyst Hoo Ke Ping said the project, once completed, would benefit both countries and “we would enter a new phase of tourism by having more foreign tourists coming into Malaysia.
“Although the project is concentrated mainly in Johor, neighbouring states, such as Malacca, Negri Sembilan and Kuala Lumpur, would also benefit from it,” he told Business Times yesterday.
“We could expect an increase in property growth as well as other sectors as the result of the rail construction.”
Hoo also dismissed the notion that more Malaysians would be working in Singapore once the project was completed.
“I think quite the opposite will happen. More Singaporeans would be coming over to Malaysia for obvious reasons, such as shopping and a lower currency exchange rate.
“Singapore had already imposed a ruling that businesses could only employ foreigners for jobs offering salaries of more than US$12,000 (RM39,000). So, the speculation is baseless.”
On a related matter, Hoo said with the Kuala Lumpur-Singapore airline route being one of the most profitable course, local carriers should start mulling over other route possibilities.
“Maybe local airline companies, such as Malaysia Airlines and AirAsia, should strategise to find replaceable routes that could bring in as much profit as the Kuala Lumpur-Singapore route.”
An economist, who wished to remain anonymous, said the impact of such a project would be good in terms of connectivity between Singapore, a developed economy, and Malaysia, a fast developing economy, which, in turn, would spur growth in both countries.
“Singapore is a financial epicentre, and since Malaysia aspires to be an Islamic financial hub, the improved connectivity should ease networking and the allocation of resources between the two countries.
“The multiple stops in the rail link would also accelerate local businesses at nearby areas.”
Source: http://www.nst.com.my/node/45270
Friday, 18 April 2014
Puteri Cove Residences at Puteri Harbour
Puteri Cove Residences was launched for sale to the public and was met with
overwhelming response. Big crowds of home buyers flocked to sales galleries located
in Singapore Toa Payoh and Puteri Harbour in Nusajaya when Pacific Star and DB2
announced the new property launch .
Highly anticipated by property
buyers and industry players, large crowds formed at the Singapore marketing
agent ERA headquarters at Toa Payoh in the early morning to queue for the sale
via ballot process, which took place in the late morning Saturday.
Puteri Cove Residences by Singapore
developers Pacific Star and DB2 has sold 83% of 450 units released to the
public within 1 week of its new property launch. The home buyers represented over 20
nationalities from the United States of America, Australia, Britain, Germany,
France, Canada, China, Hong Kong, Taiwan, Japan, Korea, India, Indonesia,
Malaysia and Singapore. However majority of the home buyers are from Singapore,
Malaysia and Indonesia.
To-date, property prices on units
offered for sale have been sold at prices ranging from RM1,180 psf to RM1,580
psf. The outstanding results were above the property developer expectations and
the property developer credits the winning mix of unique characteristics of the
new property launch iskandar project for its popularity amongst property buyers:-
- Freehold waterfront with private marina
- Stunning views of sea or marina and Singapore for every apartment
- Mixed-use project ie. Live, Work, Leisure, Shopping, Entertainment, Dining
- Luxury finishes and fixtures
- Prime location and within close proximity to Puteri Harbour International Ferry Terminal
- Kota Iskandar, Theme Parks and EduCity are within walking distances
- No restrictions to foreigner property buyers
Comment on the exceptional property
sales results, Glen Chan, Chief Operating Officer, Pacific Star Group and
President, Pacific Star Development, “With a winning combination of prime
waterfront location and reasonable house prices in Iskandar Malaysia, the strong property sales attests to
the attraction and saleability of our iskandar project. We have over 20
nationalities of property buyers in Puteri Cove Residences, which validates our original
intent of designing and conceptualizing a luxury mixed-use new housing
developments that appeals to a cast of sophisticated and experienced
international property buyers. I am confident that Puteri Cove Residences is
eminently positioned for capital appreciation because of its international
appeal, much like prime property in global cities like London, Hong Kong and
Singapore. We are also encouraged by this strong showing of confidence by our home buyers and thus believe our buyers are looking at the long term growth
potential in the Iskandar Development Region, particularly when co-operation
and collaboration between the governments of Singapore and Malaysia in the
Iskandar Development Region are expected to increase in the near future”.
Recently, both Prime Minister of
Singapore and Malaysia are discussing about Singapore-Kuala Lumpur High Speed
Rail constructions and Rapid Transit System connectivity. This has been
translated to firm evidence of closer economic activities and collaboration
between both governments. The successful constructions of both connectivity
will definitely form the model of Hong Kong-ShenZhen in Singapore-Iskandar
Malaysia, spur the drastic economic growth in the Iskandar Development Region
supplemented by Johor State government’s investor friendly and attractive
incentives policies to investors within Special Economic Zone Iskandar Malaysia.
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| Puteri Cove Residences |
Friday, 7 March 2014
Malaysia Film Industry set to soar with Pinewood Iskandar Malaysia Studios
Nusajaya : Malaysia film industry is set scale to soar to
new heights over the next few years with a large inflow of production companies
servicing it, which is expected to make Pinewood Iskandar Malaysia Studios as
their base.
Iskandar Malaysia Studios Sdn Bhd CEO Michael Peter Lake said the production companies growth is in line with the government’s aspiration to further develop the creative content, digital content and communication media industries.
“The government is very supportive of the ‘Film in Malaysia’ incentives, which is a big plus and main factor towards attracting production companies and creative content industries to flourish”.
“I am very bullish over the potential of the creative content and communication media industries within Iskandar Malaysia,” he added.
Michael Peter Lake told reporters about this after the signing ceremony between Imagica Corp and Candelon Ventures Sdn Bhd, a wholly-owned special purpose vehicle of Khazanah Nasional Bhd.
The Film in Malaysia incentive offers a 30 per cent rebate to foreign production companies that spend a minimum of RM5 million in Malaysia. Local productions companies that spend at least RM2.5 million entitled to the same benefit.
Japan-based Imagica Corp and Khazanah Nasional Berhad have formed a joint venture JV, Imagica South East Asia Sdn Bhd (Imagica SEA), to establish the first international post-production facility at Pinewood Iskandar Malaysia Studios in Iskandar Malaysia with a RM9 million investment. Imagica Corp will hold 49 per cent equity interest in Imagica SEA with the balance held by Candelon Ventures Sdn Bhd, a wholly-owned special purpose vehicle of Khazanah.
Michael Peter Lake said companies can take advantage of the fully integrated facilities within Pinewood Iskandar Malaysia Studios, which includes 5 film sound stages over 100,000 sq ft, the broadest range of post production facilities under one roof, 2 of 12,000 sq ft High Definition (HD) equipped television studios and other support devices.
Meanwhile, Imagica President Yukihiro Fujikawa said it was an exciting time to be in the region as the film industry was booming, and the company planned to tap the available potential. He said Imagica was offering comprehensive and highly creative digital content post production services as well as jobs for the transfer of technical know-how to create more skilled players in the industry.
Fujikawa said in a statement that they will target major Hollywood feature film companies and TV production companies as their post production clients, along with companies from booming Southeast Asia region. “With Japanese creativity and quality, Imagica SEA will penetrate into world market in collaboration with Pinewood Iskandar Malaysia Studios,” Fujikawa added. “As one of the leaders in Japan, Imagica SEA will promote the digital distribution for digital content holders aiming to venture out to new markets in Southeast Asia.”
Apart from post production activities, Fujikawa said the company would also commence digital distribution services such as Digital Cinema Delivery and Digital Distribution Management, alongside archiving and restoration services from its Pinewood Iskandar Malaysia Studios post production facility.
Opened last May, Pinewood Iskandar Malaysia Studios is a RM120 million joint venture between Khazanah Nasional Berhad and UK based Pinewood Studios, where J.J. Abrams’ Star Wars: Episode VII will be produced.
Iskandar Malaysia Studios Sdn Bhd CEO Michael Peter Lake said the production companies growth is in line with the government’s aspiration to further develop the creative content, digital content and communication media industries.
“The government is very supportive of the ‘Film in Malaysia’ incentives, which is a big plus and main factor towards attracting production companies and creative content industries to flourish”.
“I am very bullish over the potential of the creative content and communication media industries within Iskandar Malaysia,” he added.
Michael Peter Lake told reporters about this after the signing ceremony between Imagica Corp and Candelon Ventures Sdn Bhd, a wholly-owned special purpose vehicle of Khazanah Nasional Bhd.
The Film in Malaysia incentive offers a 30 per cent rebate to foreign production companies that spend a minimum of RM5 million in Malaysia. Local productions companies that spend at least RM2.5 million entitled to the same benefit.
Japan-based Imagica Corp and Khazanah Nasional Berhad have formed a joint venture JV, Imagica South East Asia Sdn Bhd (Imagica SEA), to establish the first international post-production facility at Pinewood Iskandar Malaysia Studios in Iskandar Malaysia with a RM9 million investment. Imagica Corp will hold 49 per cent equity interest in Imagica SEA with the balance held by Candelon Ventures Sdn Bhd, a wholly-owned special purpose vehicle of Khazanah.
Michael Peter Lake said companies can take advantage of the fully integrated facilities within Pinewood Iskandar Malaysia Studios, which includes 5 film sound stages over 100,000 sq ft, the broadest range of post production facilities under one roof, 2 of 12,000 sq ft High Definition (HD) equipped television studios and other support devices.
Meanwhile, Imagica President Yukihiro Fujikawa said it was an exciting time to be in the region as the film industry was booming, and the company planned to tap the available potential. He said Imagica was offering comprehensive and highly creative digital content post production services as well as jobs for the transfer of technical know-how to create more skilled players in the industry.
Fujikawa said in a statement that they will target major Hollywood feature film companies and TV production companies as their post production clients, along with companies from booming Southeast Asia region. “With Japanese creativity and quality, Imagica SEA will penetrate into world market in collaboration with Pinewood Iskandar Malaysia Studios,” Fujikawa added. “As one of the leaders in Japan, Imagica SEA will promote the digital distribution for digital content holders aiming to venture out to new markets in Southeast Asia.”
Apart from post production activities, Fujikawa said the company would also commence digital distribution services such as Digital Cinema Delivery and Digital Distribution Management, alongside archiving and restoration services from its Pinewood Iskandar Malaysia Studios post production facility.
Opened last May, Pinewood Iskandar Malaysia Studios is a RM120 million joint venture between Khazanah Nasional Berhad and UK based Pinewood Studios, where J.J. Abrams’ Star Wars: Episode VII will be produced.
 |
| Pinewood Iskandar Malaysia Studios |
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| Imagica SEA |
Monday, 4 November 2013
Singaporeans top foreign property buyers in UEM Iskandar project
Recently newspaper reveals that Singaporeans accounted for 74 percent of total foreign property buyers
in UEM’s Iskandar project. The rest of 26 percent Iskandar project property
buyers are from Indonesia, China, Japan and Korea.
Based on the UEM CEO Wan Abdullah Wan Ibrahim, most Singaporean property
buyers are those who always go Johor Bahru for business purpose and people who
always spend weekend at Johor Bahru for shopping, food, and vacation or
staycation. Singapore property buyers more to buy up market new launch property
in Iskandar Malaysia, and landed property and luxury condo near to Singapore is
their top choices.
UEM is the main property
developer in Nusajaya, Flagship B at Iskandar Malaysia. East Ledang is one of the earliest new
housing developments by UEM in Nusajaya area. East Ledang covers bungalow and villas.
There are several new property launch developed by UEM at Puteri Harbour.
The high numbers of real estate investments flocking in to
Iskandar Malaysia have been push up Iskandar Malaysia property prices to a new
height since 2011. East Ledang
bungalow resale market has shoot up more than 40 percent since 2011 and still
going up. It has been very sought after by Singaporeans and Malaysian that
worked in Singapore. In Singapore, a landed property at least price in at 2
million above in Singapore dollars. Yet, it is not a bungalow. East Ledang
provides the alternative for them to enjoy the luxury of bungalow and landed
property yet at lowest property prices compare to Singapore property prices.
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| East Ledang |
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| Nusajaya Master Property developer UEM |
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