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I don't think so. The R&F project, which is waterfront and walking distance to CIQ, very aggressive and comes with 15 blocks. Could be freehold compared to leasehold for Vantage Bay. Vantage Bay is losing out.
I read an article and the author estimated the price based on estimated cost and price range in surrounding area. Vantage Bay will be at least RM 1,200psft.
This 'Urban Wellness' project is a 5-acre site in Medini North, Iskandar Malaysia. CapitaLand Limited is the project manager overseeing the development.
(Excerpt fr theedgemalaysia)