Property Hunter Magazine August Issue 2014 | Page 41

Country Garden Plans 5,000-Acre Man-Made Island Off Johor
strong and would help
bring back relations to
normalcy in time.
“It is only a matter of time
before the confidence
level of Chinese buyers
recovers. We are still very
confident with Malaysia’s
fundamentals,” he said,
adding that the company
had studied this new
market for a long time
before penetrating into
the country.
Country Garden’s regional president for Malaysia project Kayson Yuen

The property slowdown
in China and Hong
Kong is not a deterrent
for China’s property
developer Country
Garden Holdings Co Ltd.
The company, together
with Johor’s economic
development arm,
Kumpulan Prasarana
Rakyat Johor (KPRJ),
have planned for a
development over 5,000
acres (2,023.43ha) of
reclaimed land in a
project spanning more
than 30 years.
The project, which will
include a man-made
island, will be near the
second link in Johor and a
study on the matter was
done more than a year
ago.
In an interview with
StarBiz, Country Garden’s
regional president