Posts Tagged ‘country garden’
November 22, 2016 by iskandarinsider
The landscaped lawns and flowering shrubs of Country Garden Holdings Co.’s huge property showroom in southern Malaysia end abruptly at a small wire fence. Beyond, a desert of dirt stretches into the distance, filled with cranes and piling towers that the Chinese developer is using to build a $100 billion city in the sea.
While Chinese home buyers have sent prices soaring from Vancouver to Sydney, in this corner of Southeast Asia it’s China’s developers that are swamping the market, pushing prices lower with a glut of hundreds of thousands of new homes. They’re betting that the city of Johor Bahru, bordering Singapore, will eventually become the next Shenzhen.
“These Chinese players build by the thousands at one go, and they scare the hell out of everybody,” said Siva Shanker, head of investments at Axis-REIT Managers Bhd. and a former president of the Malaysian Institute of Estate Agents. “God only knows who is going to buy all these units, and when it’s completed, the bigger question is, who is going to stay in them?”
Category China, Iskandar Property, Johor Bahru, Singapore | Tags: AirAsia Bhd, Alan Cheong, Alice Tan, Asian mainland, Axis-REIT Managers Bhd, CH Williams Talhar & Wong, Chief Executive Officer Izzaddin Idris, country garden, danga bay, Estate Agents, Forest City, Greenland Group, Guangzhou R&F Properties Co, hong kong, Jonathan Lo, Khazanah Nasional Bhd, New York’s, Savills Singapore, shenzhen, Singapore Airlines, Siva Shanker, Southeast Asia, SP Setia Bhd, sunway bhd, Sydney, Tebrau, UEM Group Bhd, uem sunrise bhd, Vancouver
July 11, 2014 by Melvin
Recent news about mega developments in Johor’s Iskandar region has investors asking: Will there be an oversupply of homes? Perhaps. But no one knows for sure because no good data exists.
It has been touted as an affordable real estate investment destination in an up-and-coming market, an attractive alternative to Singapore’s pricey housing scene.
But property buyers in Iskandar are now facing two big investor problems: a potential oversupply of homes and an inadequate supply of property data.
Category Danga Bay, Iskandar Property, Johor Bahru, Nusajaya, Singapore, Tourism, UEM Land | Tags: Almas Suites, country garden, financial centre, Greenland Group, Hao Yuan Investment, irda, KLCC, NusaJaya, R&F Princess Cove, R&F Properties, tourist destination, Zhuoda Real Estate Group
March 19, 2014 by Melvin
PETALING JAYA: China’s Country Garden Holdings Co Ltd and Kumpulan Prasarana Rakyat Johor (KPRJ) have drawn out plans for a massive reclamation project to build luxury homes near Pendas in southern Johor near Singapore, according to sources.
March 3, 2014 by iskandarinsider
GROWTH: Greenland Group to invest in an integrated real estate development
JOHOR BARU: ONE of China’s biggest state-owned companies, the Greenland Group is planning to invest RM3 billion in an integrated real estate development project in Danga Bay.
Its chairman Zhang Yuliang recently led a six-member delegation from its headquarters in Shanghai to finalise a major land deal with Iskandar Waterfront Holdings Sdn Bhd (IWH) for the landmark development.
Greenland, which was ranked 359 in the Fortune Global 500 company survey last year, is said to be keen to acquire around 60ha of land in the area.
Category CapitalLand, China, Danga Bay, Iskandar Property, iskandar waterfront, Johor Bahru, Singapore, Temasek Holdings | Tags: azea properties, brunsfield group, capitaland, centurian properties, country garden, dalian, danga bay, greenland, hao yuan, iskandar waterfront, iwh, nam cheong, skyfront, temasek, tune hotel, wuhan
November 4, 2013 by iskandarinsider
Builders step up unveiling of new launches amid rising demand, stiff competition
Now considered one of Malaysia’s hottest real estate spots, Iskandar Malaysia has been pulling in developers looking to cash in on the demand for properties there.
Local developers may have had a headstart, but they are now facing stiff competition from larger builders from Klang Valley and beyond Malaysia.
The rivalry has led to a mushrooming of options for buyers. In the next two to three years, thousands of units are scheduled to be completed, given the number of projects launched in the last year or so amid bullish sentiment and robust sales. For example, Afiniti Medini, a mixed-use residential-commercial development, sold 88 units in just 51/2 hours.
Category 1Medini, Danga Bay, Iskandar Property, iskandar waterfront, Johor Bahru, Mah Sing, Medini, Meridin, Nusajaya, Puteri Harbour, Singapore, UEM Land | Tags: Avira, casa almyra, country garden, danga island, danga utama, imperia, iskandar waterfront, iwh, medini, meridin, NusaJaya, puteri harbour, senibong cove, sunway iskandar, teega, tropicana danga bay, uem sunrise
August 22, 2013 by iskandarinsider
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 Baru, has sold over 5,000 of the 7,000 units on offer, with 30 per cent of them snapped up by Singaporeans.
The project by Chinese developer Country Garden is located in Iskandar Malaysia, some five minutes from the Malaysian immigration checkpoint.
It features 9,000 units on the waterfront ranging from about 400 sq ft to 1,400 sq ft. There will also be a shopping mall, a man-made beach and six yacht berths.
August 12, 2013 by iskandarinsider
MALAYSIA is now high on the list of China’s 7th largest property developer to extend its international footprint, with the transformation of a piece of Iskandar Malaysia to become a waterfront development fronting Singapore.
In a recent trip to Guangdong organised by Country Garden Holdings Co Ltd, the contingent of media members from both Malaysia and Singapore were brought on a whirlwind trip across the province, with the priority to have a first hand look at the company’s projects in China.
As “guang” as its name aptly described, Guangdong is certainly vast, and Country Garden’s projects are mostly scattered across the province, reachable within a couple of hours drive. However, it was all worth it to put things into perspective and gave a sneak peek of what was in store for the Country Garden Danga Bay project. Could this be just a promise by foreign parties planning to make a quick buck out of a hot segment of the local property market?
Category China, Danga Bay, Iskandar Property, Johor Bahru, Singapore | Tags: china, country garden, cullinan bay, danga bay, guangdong, hdb, iskandar malaysia, nansha, shenzhen, singapore, waterfront, yeung kwok keung
May 23, 2013 by iskandarinsider2
We have received info that pre-launch preview was started in March 2013 after CNY, and in less than 2 months more than 2,000 units of condo & apartment has been sold. Half of the buyers are from China while the other half are local Malaysian. Looking good.
Phase 1 consist of around 27 acres out of the 55 they bought:
– 18 blocks(12 condo & 6 apartment) + 1 clubhouse
– Total units close to 4,000
– VVIP pre-launch price from RM650/sqft to RM900/sqft
– Unit sizes from 450sqft to 2200sqft
– RM10,000 deposit for booking, Free SPA Legal Fee & DIBS Scheme.
Official launch should be late June. Will keep you guys update.
Click to Read Full Article ->
February 24, 2013 by iskandarinsider
JOHOR BARU: Iskandar Waterfront Sdn Bhd (IWSB), CapitaLand Malaysia Pte Ltd and Singapore’s state investment arm Temasek signed a “Heads of Agreement” today to jointly acquire and develop parcels of land in Danga Bay here for a planned RM8.1 billion mixed integrated development.
The deal is considered the biggest entry into Johor’s Iskandar Malaysia by Singaporean investors.
Today’s signing ceremony, held at the Danga Bay Convention Centre here, was witnessed by Prime Minister Datuk Seri Najib Razak and his Singapore counterpart Lee Hsien Loong.
Also present was Johor Menteri Besar Datuk Abdul Ghani Othman and Temasek chief executive officer Ho Ching.
Category CapitalLand, Danga Bay, Iskandar Property, iskandar waterfront, Johor Bahru, Nusajaya, Singapore, Temasek Holdings | Tags: brunsfield group, country garden, dijaya, gelang patah, iskandar malaysia, iwsb, temasek, walker corp