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Thursday, January 22, 2009

NAZA TTDI eyeing land in Iskandar region

JOHOR BARU: NAZA TTDI Sdn Bhd is scouting for land in Johor, its next destination for property development and first foray outside the Klang Valley.

Group managing director Datuk Johan Ariffin said the company was looking for land here especially in Iskandar Malaysia.

Datuk Johan Ariffin (right) shaking hands with patient Wang Kong Wee after the handover. With them are Austin Heights Sdn Bhd group MD Datuk Steve Chong (left) and NAZA TTDI assistant general manager audit and compliance Mohamad Fauzy Mohd Lufti.

“Iskandar Malaysia offers good prospects for property developers with the inflow of local and foreign investors,’’ he said yesterday, adding that the company was mindful that location was still the most important factor for most property buyers in Malaysia.

Iskandar Malaysia covers 2,217 sq km and is a mixed development planned for completion by 2025.

Johan said the company was open to all options when making inroads into Iskandar Malaysia, including teaming up with Johor-based developers.

He said unlike in the Klang Valley where land suitable for property development was becoming scarce, Iskandar Malaysia still had abundant land.

“We are confident that our TTDI brand will appeal to buyers in Iskandar Malaysia as our company has a good reputation for developing quality homes,’’ he told reporters at the handing over of a dialysis machine worth RM43,000 to the JB Lions-MAA-MEDIcare Charity dialysis centre at Century Garden.

He said the donation was part of the RM1.69mil collected from the company’s charity golf tournament held last year and the collection had been handed over to more than 180 charitable bodies nationwide recently.

By The Star (by Zazali Musa)

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