KOTA
KINABALU: Iskandar Waterfront Holdings (IWH) Sdn Bhd is treading the
shores of Sabah hoping to engage the locals to become potential
investors in two of its latest luxury lifestyle developments in
Iskandar, Johor.
Head
of Sales, Kelvin Kam, said Sunday that the local response to the
two-day Peninsular Exclusive Properties Roadshow had been good so far.
However,
he opined that it might still take time for many to digest the
prospect, considering that the property developer’s foray into East
Malaysia has just started.
The roadshow was held at Magellan Sutera during the weekend.
Kelvin,
also in charge of Marketing & Asset Management of the Danga Bay
Group, said while there has been no engagement in any local agencies
yet, the property group is considering plans to set up an office here.
“Of
course, this would happen depending on the response from locals and if
the numbers turn up is good,” he said, adding that there might be a
‘Malaysia Iskandar Tour’ in tow.
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.
Kelvin
said the projects aimed to develop the area into what would be
described as a “21st century world-class waterfront city”, its main
selling point, that is approximating about 4,300 acres of land.
Both
projects are located in Iskandar, Johor, currently dubbed as the
Shenzen of South East Asia, which in the first three months of this
year, alone, has gained RM4 billion in investments.
Thus, IWH is encouraging locals to fly over to experience the projects themselves.
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 development time.
Kelvin
also placed an emphasis on IWH’s status as master developer of prime
waterfront land, as well as developer of the projects, offering land
parcels to investors for immediate development.
The
massive development, he said, will be undertaken in phases within five
premium areas within Iskandar’s Flagship Zone A, with road, air and sea
connectivity, and direct access to Singapore, via the Johor Causeway.
IWH considers theirs to be one of the largest integrated urban development projects in Malaysia.
- THE BORNEO POST
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