In contrast, a year ago when UEM Sunrise launched Teega, a
condominium project also in Puteri Harbour, it was almost sold out.
The first two towers were priced at RM750 psf and Tower 3 at a higher
RM825 psf. Completed sales currently stands at 93%, with the balance
booked but pending legal completions. In fact, when Teega was
launched, there was a long queue, with more than 70% of the units
booked in the first weekend alone.
Another project of note is Medini Signature at Medini North by WCT
Holdings. Tower 1 was launched in July 2013 at an average price of
RM630 psf and is 80% sold. In contrast, Tower 2, launched a month
later is only 20% sold. This is partly due to an increase in the average
price to RM680 psf and party to more competition and the new “cooling
measures” imposed.
WHY ARE THE INTERNATIONAL BIG BOYS BANKING ON ISKANDAR?
More and more international developer is spending billions in acquiring
land parcels in Iskandar Malaysia for development; who are they?
Country Garden among the most well known developer in China today
headed by the wealthiest female individual in China, Miss Yang Hui Yan
aged 33. Country Garden made its entry to Iskandar back on 16 October
2012 and since have launched its maiden project Country Garden Danga
Bay back in August 2013 and have stolen the lime light by sell over 6000
units of its 9400 units development. Just in the recent months several
others followed;
3-Dec-13
China-based developer Guangzhou R&F Properties
Co Ltd is buying six plots of land in Johor Baru for
a whopping RM4.5 billion from ѡ