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New developments to share

Sg_JB

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Either shortage of big parcel of land or land price near Singapore has gone up so high it's cheaper to build an island from scratch.

Country Garden to build massive island in Johor

Jun 16, 2014


China-based developer Country Garden Holdings will build a man-made island near Pendas, Johor with the help of Kumpulan Prasarana Rakyat Johor (KPRJ), the state’s economic development division.

Dubbed as the Forest City, the project spans more than 5,000 acres and will be developed over the course of 30 years. It is located near Johor’s second link and will comprise high-end homes.

“This will be a massive mixed development and the investment and commitment shows our confidence in the Malaysia market,” according to Kayson Yuen, Country Garden’s Regional President for Malaysia.

“We decided in the investment because the land cost was reasonable. I cannot remember the exact price but we have committed towards the project,” he said.

While there are concerns over the project’s environmental impact, Country Garden has assured everyone that it has been thoroughly studied for more than a year before the go signal was given.

The Chinese firm also engaged an Australian consultant, who helped build Sentosa Island in Singapore. The project was also supposed to be announced back in March, but its announcement was delayed due to the MH370 tragedy.

This is a massive development, got some super trees and Sentosa; see this video link from Super325 FB...
https://www.facebook.com/photo.php?v=688526344526331&set=vb.237626999616270&type=2&theater
 

avtar

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1995? no, that's you. heng ah, i still schooling. your sri samudra aprt you marketing got any buyers? how much u selling? 1 M? across the road citywood launch 500rm psf only.

mr. avtar s. - selling land in selangor. ring any bells?
Sorry I do not have any land in Selangor. Sri SAMUDERA has been sold. So have you bought any unit from Citywood? Thank you !!!
 

Stevewish

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Sorry I do not have any land in Selangor. Sri SAMUDERA has been sold. So have you bought any unit from Citywood? Thank you !!!

For Citywoods, i think psf is rm550. it accepts booking as early as late last year. Currently only open for booking up to 12 floors.

BTW, I'm not keen in this project although the price is attractive.
 

malpaso

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For Citywoods, i think psf is rm550. it accepts booking as early as late last year. Currently only open for booking up to 12 floors.

BTW, I'm not keen in this project although the price is attractive.

it's just NEXT to the flyover. means if one chooses a seaview unit, the jln lingkaran dalam interchange will be right under one's nose. if choose facing the other way, the view would be.. well, mehhh.
 

avtar

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For Citywoods, i think psf is rm550. it accepts booking as early as late last year. Currently only open for booking up to 12 floors.

BTW, I'm not keen in this project although the price is attractive.
For better sea & city view 30 sty Golden Sands Seaview Residence is a better choice & TOP soon. Even the Paragon Residence sea-view will be block by the reclaim land on the south.
 

gooddebt

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Johor reclamation works stopped


JOHOR BARU: The Department of Environment has issued a temporary stop-work order against all coastal land reclamation works for the development of the massive Forest City off Tanjung Kupang here pending a detailed study.

State Health and Environment Committee chairman Datuk Ayub Rahmat said any negotiation on lifting the suspension would be between the department and the project’s jointdevelopers, China’s Country Garden Holdings Co Ltd and state-owned Kumpulan Prasarana Rakyat Johor.

“The order came about a week ago and all land reclamation work in the area have been suspended pending further studies on the environmental effects of the project,” hetold the New Straits Times yesterday.

The reclamation works for the proposed 49-hectare Forest City tourist hub project began in early March and was expected to be completed by year’s end.

The project hit a snag after the Singaporean government raised concerns over the state’s coastal land reclamation projects, citing that it might cause trans-boundary issues.

It also sent several diplomatic notes and a formal request to the Federal Government for more information on the state’s coastal projects, specifically in the Straits of Johor.

In a statement, its Foreign Affairs Ministry had said there were international obligations for both countries to work closely on such matters.

Environmental activists have also voiced their worries on Johor’s shoreline reclamation works.

Ayub said the state government would monitor the progress of discussions between developers and the Department of Environment.

“We will wait for the department to complete their studies on the project, after which we will also ensure that all guidelines are met.”

On the concerns raised by the Singaporean government, Ayub said the state government valued the bilateral ties with its neighbour.

“We will look into the issue of other trans-boundary effects because of the land reclamation works.”

Ayub clarified that there was a preliminary Environmental Impact Assessment (EIA) report for the proposed Forest City project.

“Normally, shoreline reclamation projects below 50ha in size, such as the proposed Forest City project, does not need a EIA report under the Environmental Quality (prescribed activities) (Environmental Impact Assessment) Order 1987.

“However, as the project will have a 80-room hotel, increasing the area’s density, a preliminary EIA report was conducted and its findings submitted to the relevant authorities.”

Country Garden Holdings, which has its international office in Johor Baru, did not reply to queries.

Yesterday, the New Straits Times reported that the Johor government confirmed it had received a request by Putrajaya to furnish details on land reclamation projects in the state.

-NST 24 Jun 2014-
 

Funniman

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It is like since the Straits is of no commercial value, might as well reclaim and build something useful there. Very soon you have small reclaimation projects along the whole straits, essentially to deepen the seabed and have a better sea water flow from west to east.
 

FHBH12

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Singapore should let them continue reclaiming, and start reclaim from Singapore side, so that there is no need for the 2nd link. This will solve all the jam issues.
 

cow138

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How come the China developers like to reclaim land. Wouldn't it be cheaper to just buy the land from the govt?
Unless they are just interested in coastal projects.
 

FHBH12

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How come the China developers like to reclaim land. Wouldn't it be cheaper to just buy the land from the govt?
Unless they are just interested in coastal projects.

Proximity to SG, but SG govt is controlling everything so JB coastal south is next best. If they r aiming for Malaysians they shd rightly be in KL.
 

westman

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JB has so many undeveloped lands around secondary link....

cannot understand the logic to reclaim new lands.... "pocket" monies?
 

DCputeri

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Wealthy Chinese investors love water and marina. They are building for them.
How come the China developers like to reclaim land. Wouldn't it be cheaper to just buy the land from the govt?
Unless they are just interested in coastal projects.
 
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