Feb 3, 2012 - PropertyGuru.com.my
    table_add Comment    email_go E-mail to friend    share Bookmark & Share

United Malayan Land Bhd (UMLand) will commence the development of its mixed-use project in Jalan Wong Ah Fook this year.

Strategically located in downtown Johor Bahru, the project is now in the planning stage, including its gross development value (GDV), land utilisation and other related details.

"We are looking at building a hotel block, a serviced apartment tower and a retail podium on the site," said Pee Tong Lim, Group CEO of UMLand.

Pee hopes that the development could start simultaneously with the RM1.8 billion Johor Baru City Centre transformation plan, which is scheduled to begin in Q2 or Q3 this year.

Under the transformation plan, Sungai Segget, which was covered up and turned into a pedestrian walkway, will be rehabilitated similar to the popular Cheonggyecheon River in Seoul.

For the latest property news, trends, resources and expert opinions, visit our Property News section. Home buyers, sellers or property renters looking for Malaysian Properties, may like to visit http://www.homeguru.com.my today.

Related Stories:

Raffles, UMLand to jointly develop international school

Iskandar secures 12 new investments worth RM1.73b

 

    table_add Comment    email_go E-mail to friend    share Bookmark & Share

Search Property News

Keywords:
news_subscription

Browse News by Year