Iskandar Malaysia: China developers’ new land of opportunity

Chinese developers are zeroing in on Iskandar Malaysia, spurred by the tough market at home and the promise of rich rewards in the booming Johor Baru zone.

New Condominium

Their preference for building huge “township-style” projects has got some locals’ backs up, but others cheer the job growth that the Chinese cash is generating.

Altogether, five mainland developers have about 150ha of land and reclamation should add a further 2,000ha.

Three companies have already announced projects that could yield at least 13,000 homes by the end of 2017.

via Iskandar Malaysia: China developers’ new land of opportunity.

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