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SG Chinese developer unveils coastal city in Iskandar

Property Here - Wednesday, August 14, 2013

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Country Garden last Sunday launched its mega project at Danga Bay in Johor Bahru. 

The Hong Kong-listed developer deployed 10 coaches to transport Singaporeans from five pick-up points in the city-state to the Country Garden @ Danga Bay showflat, located approximately five minutes away from the Malaysian CIQ complex. 

Country Garden also unveiled an amusement park but the rides only commence this Saturday due to the large crowds. 

Nevertheless, visitors and potential buyers received special prizes like RM20 (S$8) worth of petrol vouchers, car wash vouchers, as well as food and carnival vouchers worth RM388 (S$150).  

According to a spokesman for Country Garden, around half of the 7,000 available units were reserved prior to Sunday's launch. Singaporeans made up 20 percent of the buyers who placed bookings, while Malaysians and Chinese nationals comprised 30 percent and 50 percent respectively.

The 20ha freehold project offers over 9,000 units. The new coastal city will feature six yacht berths, a shopping mall, a 330m man-made beach and 44 buildings ranging from nine- to 48- storeys high.

Residential units include studios of 400 sq ft and penthouses (3,000 sq ft), with an average selling price of around RM720 psf (S$280). 




Nikki De Guzman, Junior Journalist at PropertyGuru, edited this story. To contact her about this or other stories email nikki@allproperty.com.sg