Property Hunter Magazine August Issue 2014 | Page 21

Kuching Kota Kinabalu IWH is offering investment opportunities for Aquaint Danga Residensi, a mixed development project consisting of residential towers, and retail shop units; and Botanika, a low-density residential development project fronting the Tebrau Coast. Both projects are located in Iskandar, Johor, otherwise known as the Southern Special Economic Zone, which in the first three months of this year alone, has attracted over RM4 billion in investments. He said that the projects are slated for completion, estimated in the year 2025, and hoped that with more players, both local and global at hand, this will cut short the development time. Kelvin said the projects aim to develop the area into what would be described as a “21st century world-class waterfront city”, its main selling point, which is approximating about 4,300 acres of land. Thus, IWH is encouraging locals to fly over to experience the projects themselves. IWH, which is the master developer of prime waterfront land in Johor Bahru, has attracted top local and foreign companies to acquire land parcels for property development. ABOUT ISKANDAR WATERFRONT (DANGA BAY): Nestled in Flagship Zone “A” of Iskandar destined to eventually become the new lifestyle Malaysia in Johor, Iskandar Waterfront is today destination of choice in Malaysia and the world one of the largest integrated waterfront urban over. Conceived to encompass elements of development projects in Malaysia. Spread over the Gold Coast in Australia as well as Toronto’s 250 acres along the Johor Bahru coast and Waterfront, Iskandar Waterfront is designed often referred to as “the waterfront vision city for public enjoyment and is bolstered by a of the South”, Iskandar Waterfront, when fully myriad of world-class infrastructure. Today, it developed will be complete with iconic buildings is the most sought-after location and premium designed by world-renowned architects. It is waterfront land in Iskandar Malaysia. Strategic partnership for the development of this prime site have been established between IWH and Kumpulan Prasarana Rakyat Johor (KPRJ), a Johor State Government entity. In addition, Khazanah Nasional Berhad and Employee Provident Fund (EPF) have also bought stakes in the development company – Iskandar Waterfront Holdings Sdn Bhd – which is the master development of the entire JB waterfront site. www.PropertyHunter.com.my 21