PETALING JAYA (March 1): Central Park, a joint-venture (JV) project between Hong Kong-listed Country Garden Holdings Co Ltd and Damansara Realty Bhd, will soft launch phase one of the residential developments in Tampoi, Johor this Saturday (March 4).
KUALA LUMPUR (March 1): Hong Kong-listed Country Garden Holdings Co Ltd, the company that develops Forest City project that carries a gross development value of US$100 billion (RM444 billion) along the Straits of Johor, is here to stay for long-term investment.
THE property market in Johor will remain challenging this year and developers will focus on clearing stock and selling products priced below RM700,000.
PETALING JAYA (Feb 10): Property prices in Johor’s Iskandar Malaysia is expected to drop in 2017 due to weak market sentiments and other challenges, but there are opportunities for developers to target buyers from overseas, said Landserve (Johor) Sdn Bhd executive director Wee Soon Chit.
KUALA LUMPUR (Jan 16): Country Garden Properties (M) Sdn Bhd’s Diamond City in Semenyih, Selangor, has seen 70% of the units in phase two taken up since its launch in April last year.
Chinese developers have continued to expand their presence in Johor.
KUALA LUMPUR (Dec 13): One of China’s top 10 real estate developers and also among Forbes Asia’s Top 30 companies, Country Garden has partnered with Johor’s Esplanade Danga 88 Sdn Bhd in a joint venture (JV) to launch its latest project, Forest City, with a gross development value of US$100 billion (RM441 billion).
ISKANDAR PUTERI (Dec 6): Forest City, a mixed-use development on four man-made islands, is expected to contribute RM66 billion in tax revenue to the government over two decades.
JOHOR BAHRU: Country Garden Holdings Co Ltd (Country Garden) is looking to sell all the remaining 2,000 high-rise residential units at its Country Garden @ Danga Bay development in Johor by end-2017, said its sales executive Lee Yi Shen.
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