KUALA LUMPUR: The south Johor property landscape looks promising with the launch of several large-scale projects, including housing, in the Iskandar Development Region (IDR) over the next three to five years, said Mentri Besar Datuk Abdul Ghani Othman He said yesterday 25 developers had submitted plans for housing, commercial and mixed-development projects in the coming months. The projects included exclusive bungalows, luxury apartments amd commercial complexes. The latest property launches were Central Malaysian Properties Sdn Bhd’s Lido Boulevard, Danga Bay Sdn Bhd’s Danga Island Villas and Gamuda Bhd’s Horizon Hills. These projects were expected to lift Johor’s construction sector out of the three-year recession since 2004.
(24-1-2008 The Edge)
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