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JOHOR BAHRU - SOUTHERN GATEWAY TO SINGAPORE - Check Out:- www.tourismjohor.com

     

THE STAR Saturday April 12, 2008

Iskandar Malaysia project on track, says PM

JOHOR BARU: The Iskandar Malaysia project here will not be scaled down and the Federal Government is committed to seeing that it succeeds, says Prime Minister Datuk Seri Abdullah Ahmad Badawi.“It is important that Iskandar Malaysia succeeds and we will continue to back the commitment. I am still the co-chairman of this development,” he said when asked if it would be scaled down to ensure long-term viability.He said he was pleased with the inflow of investments into the project which was on track to achieve the target of RM47bil within the next two years.

“There is no change in policy, commitment or the authority.”

Abdullah also announced that RM200mil had been allocated to build housing units in Iskandar Malaysia, saying it was one of the most important of Iskandar initiatives.To be launched in the second half of the 9th Malaysia Plan (9MP), 2,000 units, with a minimum built-up of 850-900 sq ft per unit, would be built in the first phase of the housing development, he said.On the progress of the project’s RM1.88bil infrastructure development, Abdullah said three projects had been completed while seven others were still under construction. Another six will start in June.

IDR - Land of Iskandar Development Region - US$100Billion - 20 years investment project ! Check out:- www.idr.com.my

Facts & Figures

Land Size

  • IDR covers a land size of 2,217 sq. km.
  • 3 times the size of Singapore
  • 48 times the size of Putrajaya

Population

  • IDR is estimated to have 1.35 million people or 43% of Johor's population of 3.17 million. Some 66% of the population is of working age.
  • Malays comprise 48.2%; Chinese 35.8%; Indians 9.4% & foreigners 6.6%. One third of the population is estimated at below 15 years old.

GDP

  • Total IDR GDP is about USD 20 billion in 2005, 60% of Johor's total GDP of USD 33.4 billion.
    Current per capita GDP for IDR is about USD 14,790 which is higher than the Johor per capita GDP of USD 10,757 but half of Singapore's (about USD 30,000).
  • Services and Manufacturing sectors are the two main pillars of IDR's economy, but Services dominate by contributing about USD 10 billion in IDR.
  • Within the Services sector, Wholesale and Retail trade contributes 42.2%, Tourism and Hospitality (16.8%), Professional and Business (14.6%), Transport and Related (12.7%), Medical and Educational (6.7%), Financial (6.6%).

Advantages

  • GDP/Capita in Purchasing Power Parity - USD9,265 in 2005, 30-year GDP growth between 7% and 8%
  • South Johor accounts for 60% of State's GDP with services sector largest source of growth
  • Access to a large, educated workforce that is skilled and proficient in English, Bahasa Malaysia and other international languages
  • A mixture of green-fields and brown-fields, less expensive than Singapore & Hong Kong
  • State of the art telecommunications with efficient & transparent public institutional framework
  • Dynamic, knowledge-based clusters including information technology, biotechnology, tourism - education & healthcare, Islamic finance, manufacturing and electrical and electronic industry
  • World-class land, sea & air cargo facilities that allow good supply and distribution of raw materials
  • Ultra modern airport in Senai, handling 1.25 million visitors and over 7,500 tonnes of cargo in 2005
  • Port of Tanjung Pelepas and Pasir Gudang- established world-class transshipment ports of Malaysia.
  • Excellent international tourist destinations and sports facilities, including shopping and healthcare & wellness
  • Low inflation rate (less than 3.5%) & unemployment rate of 3-4 %

Iskandar Development Region (IDR), Website: www.idr.com.my

IDR HOUSING PROPERTY DEVELOPMENT PROJECTS

Nusajaya Residences
Nusajaya Residences combine the best of urban living and the refreshing, de-stressing power of nature. Complemented by modern amenities and infrastructure that put safety and security foremost, they are set amidst oases or green, in the form of landscaped parks, gardens and the tropical mangroves of coastal Johor. Each development will boast signature features that distinguish it from the rest, elevating them from mere bricks and mortar to embodiments of lifestyle statements. Among the residential areas being developed are Horizon Hills, Ledang Heights and Nusa Idaman.
East Ledang
East Ledang is UEM Land's most prestigious offering with contemporary and spacious luxury resort homes nestled within seven parks featuring 31 esoteric, intimate and lush gardens. The lake, forest, wetland and canal themes here are melded together with tropical landscaping celebrating nature and where 'space' means much than mere dimensions, both in the residences and in the overall 275-acre secured, guarded, patrolled and monitored community here. The gardens of East Ledang - This is indeed how living spaces should be.
Horizon Hills
Horizon Hills is an up-market mixed golf residential development that features a variety of landscapes that are a joy to the senses. Homes at ‘The Gateway’, Horizon Hills’ maiden launch, enjoy sweeping views of fairways towards the South and lush greenery of woodlands towards the North. The elevated terrains of ‘The Hills’ and ‘The Peak’ offer soothing picturesque views and stunning sunsets while the lake front homes of ‘The Cove’ and ‘The Island’ fulfill a lakeside living lifestyle. The lush parks of ‘The Greens’ and ‘The Woodlands’ entwine with luxurious homes, residences on ‘The Golf’ are enfolded with fairways and greens crafted on preserved lush landscape while canals along the east edge interweave with the homes for a serene backdrop. Top notch 24-hour security completes this residential haven in Nusajaya.
Ledang Heights
Ledang Heights is an exclusive bungalow only enclave located in the prime residential area of Nusajaya. Designed and laid out to make the most of the 360 acres of rolling hills on which it is located, Ledang Heights offers generous plot sizes to build your desired palatial home. Spaciousness is a definitive feature of Ledang Heights with its picturesque lake vistas and lush green central park while its 24-hour security creates a sanctuary for your total peace of mind. Its unbeatable location makes it only a 30 minute drive from downtown Singapore.
Nusa Idaman
Nusa Idaman is a mixed development spanning 250 acres in the suburbs of Nusajaya. This mixed development was the first in Malaysia to introduce anti-termite homes, precinct concept, single entry and exit points, low density, lush parks and family recreation space. This residential precinct which is adjacent to a 650-acre urban forest (Regional Open Space) also features a large linear park. The development components of Nusa Idaman are residential and commercial units, kindergarten, primary school, mosque, a community hall, public field, recreation lake, petrol stations, landscaped parks and vista points.

Puteri Harbour in Nusajaya

Puteri HarbourPuteri Harbour is the jewel of Nusajaya. This waterfront precinct, fashioned after the French Riviera, is an integrated waterfront and marina development that spans 688 acres offering a panoramic view of the Straits of Johor. Puteri Harbour redefines luxury living and offers boundless real estate benefits to the astute investor. Located adjacent to the Johor State New Administrative Centre (JSNAC), Puteri Harbour will be a unique luxurious lifestyle community, offering the experience of exceptional waterfront living, dining, entertainment, the arts and culture in a safe and picture postcard natural setting.

It is an ideal location for global or regional commerce and events, with state-of-the-art facilities and a business-friendly environment that will create world-class personal or business investment opportunities.

Puteri Harbour’s development components comprise waterfront residential (prime waterfront properties), commercial development (offices and retail shops), FAME ( Food & beverage outlets, Arts, Music and Entertainment), transportation hub (water transport terminal for water taxis and ferry, bus terminal, tram and LRT station), a marina (berthing, chandlery and accommodation facilities for boaters, yachters, boat/yacht charter owners/operators and water sports owners/operators) and a Cultural Park initiated and owned by the Johor State Government.