Greenland Danga Bay New Launch Iskandar Project Jade Palace

Greenland Danga Bay - Jade Palace

 CHINA’S state-owned Greenland Group plans to build new launch apartments and a private club, among others, at its first iskandar project called Jade Palace in Iskandar Malaysia.

The Shanghai-based group, through its Malaysian subsidiary Greenland Danga Bay Sdn Bhd, will develop the iskandar project on a 760,000 sq ft site in prime waterfront area Danga Bay, Johor Bahru.

Greenland Group signed an agreement in April for the purchase of the johor land at Danga Bay from Iskandar Waterfront Holdings Sdn Bhd IWH for RM600 million.

Danga Bay was chosen because of its strategic location in Iskandar Malaysia, which has seen robust growth in recent years, said Greenland Group Malaysia general manager Wu Shao Hua at the new launch of the Greenland Danga Bay brand, here, on last Wednesday night.

Danga Bay prime waterfront area are the top choice of commercial land purchase from China developers. Country Garden and R&F Properties also chose to purchase this johor land location as their maiden iskandar project for their oversea foray.

“Called Jade Palace, the new launch iskandar project will take us five to eight years to develop,” he said.

The gross development value gdv of the iskandar project have yet to be ascertained because the company’s operation is still at its planning stage and not finalised.

Greenland Danga Bay iskandar project will comprise stylish high-rise residences with panoramic view, resort homes, commercial shop offices and theme street malls.

The iskandar project development will offer a comprehensive all-in-one living and lifestyle services, such as home delivery, general housekeeping, home improvement, interior landscaping and property management.

Last Saturday, Greenland Danga Bay having its product introduction and register of interest at Thistle Hotel Orchid ballroom. It is very soon the new launch apartments ready for official launch and offer to public for interested house buyers, foreigner house buyers and real estate investors.

Taking about recently massive iskandar project developments and the market demand, Greenland Group Malaysia general manager Wu Shao Hua said it it choose Iskandar Malaysia because he expected Singapore industry will gradually move in to Iskandar Malaysia.

"The movement of industry from Singapore to Iskandar Malaysia will increase the human mobility, and increase the consuming power. Although Johor is a small town now, but with the completion of Rapid Transit System RTS from Singapore to Johor Bahru Tanjung Puteri and Kuala Lumpur - Singapore high speed rail in future, Iskandar Malaysia will develop in faster pace."

He also mentioned that they are discussing with Singapore authority for the transportation infrastructure project. 50% of house buyers Greenland Danga Bay Jade Palace iskandar project is expected to be sell to foreigners. House buyers and investors from China, Hong Kong, Singapore, Middle East and Indonesia are their targeted foreign house buyers, said Greenland Danga Bay marketing manager Yi Fang.

RF Princess Cove at Tanjung Puteri

Princess Cove @ Tanjung Puteri

Princess Cove @ Tanjung Puteri by Hong Kong Exchange listed China based company Guangzhou R&F Properties having its grand sales gallery opening yesterday at Johor Bahru old lorry custom Tanjung Puteri. The grand opening of Princess Cove sales gallery attracted and received many investors and house buyers to there.

To showcase its luxury, elegant and leisure concepts and designs for Princess Cove, sales gallery at Tanjung Puteri has specific unique design for its inside and outside building. Besides of show unit for new launch apartments iskandar project, it has specific uniquely designed restroom respectively in the sales gallery. Outside of Princess Cove sales gallery is a human-made beach, infinity swimming pool and gym equipments.

Princess Cove development will offer 5 Star hotel, Grade A office tower, SkyPark, Shopping Mall, Clubhouse and Apartments namely HOPSCA. When completed, Johor Bahru Tanjung Puteri Waterfront will have an estimated 41 million sq ft of built-up space.

Princess Cove is located just opposite Woodlands Waterfront, within walking distance to Johor Bahru CIQ and new MRT to be at Tanjung Puteri. Princess Cove is situated exactly at the location of the Johor Bahru old Custom, Immigration and Quarantine site CIQ. Facing toward Woodland Singapore, its strategy location of adjacent Singapore separated by walking distance causeway is the nearest to Singapore and best choice for investors and house buyers.

R&F Properties plans for 15 blocks of 35-storey new launch apartment buildings under phase 1 iskandar project this year, a total of 3,000 plus units of apartments and commercial shops for Princess Cove at Tanjung Puteri. Part of phase 1 are ready to be booked in July which comprise 400 units of new launch apartments built on four blocks of 30-35 storeys.

R&F Properties with over 20 years of experience in property development, has been involved in the building of classical bungalows, grade A office towers and five star hotels.It has a series of iconic developments on its portfolio mostly in China. Princess Cove @ Tanjung Puteri is its maiden iskandar projects in Malaysia.

Investors are betting on the economic development spurred by the establishment of Iskandar Malaysia and the upcoming rapid transit system between Johor Bahru and Singapore.

Princess Cove @ Tanjung Puteri details:

Project Name: R&F Princess Cove
Developer: R&F Properties
Address: Johor Bahru, Johor
Property Type: Service Apartment
Land Title: Commercial
Tenure: Freehold
Land Tenure: Freehold
TOP: 2018
Units: 1-4 bedroom

Facilities
- Garden clubhouse
- Greenery Square
- Swimming Pool
- Feature Wall
- Sea View Ox Bar
- VIP Waiting Room
- Children’s Playground
- Gymnasium
- Pool Room
- Indoor Ox Bar
- Grand Entrance
- Gazebo

Princess Cove @ Tanjung Puteri

Iskandar Project - Tallest Tower in Iskandar Malaysia

Iskandar Malaysia fetch new iskandar project with new record high land prices after the China property developer R&F Properties. Sin-Hao Yuan Land, a property firm linked to a Singapore property developer inked a deal with Iskandar Waterfront Holdings IWH to buy six parcels commercial land totalling 15ha in land size in Danga Bay for RM1.6 billion. The commercial land is located just next to the place of upcoming S$3.2 billion township joint develop by CapitalLand Malaysia and Temasek Holdings.

At RM998 per square feet (psf), the sale set a new benchmark for commercial land transactions in Johor Bahru, beating even the landmark RM4.5 billion deal between the Johor Sultan and China’s property developer R&F Properties, which was agreed land prices of RM891 psf.

Sin-Hao Yuan Land aims to build the Malaysia tallest tower in Danga Bay as part of its iskandar project in Iskandar Malaysia. The iskandar project have total gross development value GDV of RM8 billion, comprising of high end iskandar residences, commercial and retail properties. Sin- Hao Yuan Land is linked to Singapore property developer Hao Yuan Investment, controlled by Singapore permanent resident Du Zhen Zeng.

The iskandar project  will be built by joint venture with IWH, a Malaysia property developer which have the most Johor land in Iskandar Malaysia. Sin-Hao Yuan will have 60% stake in the joint venture vehicle, Pristine Sun Properties, with IWH controlling the rest.

Sin-Hao Yuan Land said the iskandar project will feature a “the tallest iconic tower in Peninsular Malaysia and a landmark tower in Iskandar Malaysia”. However, it did not specify the height of the planned tower. Currently the tallest tower in Malaysia is the 88-storey Petronas Tower in capital of Malaysia Kuala Lumpur, at 452 meter height.

The IWH executive director Mr Lim said he expects the upscale new developments to provide long term recurring income for both parties. Sin-Hao Yuan Land’s latest plan come on the back of rising China interest in Iskandar Malaysia. China property developer Country Garden have the iskandar project with Gross Development Value of RM18 billion, Zhuoda has joint venture with Iskandar Investment Berhad IIB to joint develop iskandar project in Medini and latest purchased of commercial land by property developer R&F Properties.

Country Garden Danga Bay

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.

Country Garden Danga Bay