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Tuesday, December 29, 2009

RM1.7bil housing project taking shape


Sales promotion of at the Senibong Cove office in Permas Jaya during a function held there on Dec 21. - The Star

Iskandar Waterfront teams up with Aussie group to develop waterfront residences in Plentong in two years

JOHOR BARU: Senibong Cove, a waterfront housing project here with an estimated gross development value (GDV) of RM1.7bil, is scheduled to be completed in two years.

The development is a joint venture between Iskandar Waterfront Development Sdn Bhd and Australia’s Walker Group.

“Walker Group is one of the leading developers in Australia and the whole residency is similar to the housing project in Hope Island, Australia,” said Quay Chew Keong, the project’s director.

“The whole residency will have four different parks and all the houses will have gardens or a view of the water.

“We have not started officially advertising for buyers as yet but 90 (people) have already registered for the houses,” he added.

The project, located in Mukim Plentong, features cluster houses, semi-detached houses, bungalows, apartments, luxurious apartments and terrace houses, with prices ranging from RM290,000 to RM1.8mil each.

“Other than that, residents would also be able to enjoy the facilities of a marina with 70 to 100 berths,” Quay said.

He added that the project was located directly opposite the Sembawang Shipyard.

Johor Mentri Besar Datuk Abdul Ghani Othman will formally launch the project early next year.

By The Star (by DESIREE TRESA GASPER)

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