Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Tuesday, February 3, 2009

Strategic location the selling point for Taman Laguna

Soon Hoe Chuan at a show house in Taman Laguna @ Sg Danga

JOHOR BARU: Selangor-based Nusa Utama Sdn Bhd is banking on the strategic location of its Taman Laguna @ Sg Danga scheme in Danga Zone as the main selling point of the project.

An added attraction was that Danga Zone was slated for upscale property development in Iskandar Malaysia, said director Soon Hoe Chuan.

Overlooking the Straits of Johor on a 30.756ha site, Taman Laguna occupied the last plot available for residential development near Sungai Danga, he told StarBiz.

“More people are looking for properties in the Nusajaya area as it will be the key growth centre in Iskandar region,’’ Soon said.

He said the project was easily accessible from the Johor Baru city via the Perling Interchange and just a few kilometres to Singapore via the Second Link crossing.

Soon said the scheme would get a further boost with a new 30.6km coastal highway linking the Johor State New Administrative Centre (JSNAC) and the city.

The six-lane highway, for which construction would soon start, is expected to ease traffic flow between the city centre and JSNAC in Nusajaya.

Taman Laguna was started at the end of 2006, offering double-storey super-link houses with lot sizes of 26ft by 80ft and 28ft by 90ft, and prices ranging from RM273,955 to RM568,300.

Phase one comprising 110 units was sold out and completed. The owners are expected to move in soon.

This is Nusa Utama’s second project in Johor. Its first was the 31.97ha Taman Nusa Perintis in Gelang Patah that started in 1999 and was completed in 2004 with a gross development value (GDV) of RM220mil.

Soon said Taman Laguna would be completed in the next eight to nine years comprising 500 double-storey terrace houses with a total GDV of RM270mil.

“We decided to introduce bigger houses as buyers of landed properties here prefer bigger built-up areas and smaller land space,’’ he said.

By The Star (by Zazali Musa)

No comments: