Singapore buyers strong in Iskandar

puteriharborSingaporean buyers make up 74 per cent of non-Malaysians who have purchased properties in Iskandar Malaysia developed by UEM Sunrise.

Most of these Singaporeans are people who go to Johor frequently for business and those seeking a weekend home, said UEM Sunrise chief executive Wan Abdullah Wan Ibrahim.

“They have been buying both landed homes and strata developments. The landed houses are in our East Ledang development and the strata units are at our high-rise developments in Horizon Hills, Puteri Harbour and East Ledang,” he said at a briefing on September 19.

The high numbers of investors flocking to Iskandar has pushed prices up considerably, he added.

With a market capitalisation of about $3.1 billion, UEM Sunrise is one of the largest Malaysian property developers by market value. Formerly known as UEM Land Holdings, the Khazanah-linked firm was rebranded in June to reflect its acquisition of developer Sunrise Berhad.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

Singaporean buyers make up 74 per cent of non-Malaysians who have purchased properties in Iskandar Malaysia developed by UEM Sunrise. Most of these Singaporeans are people who go to Johor frequently for business and those seeking a weekend home, said UEM Sunrise chief executive Wan Abdullah Wan Ibrahim. "They have been buying both landed homes and strata developments. The landed houses are in our East Ledang development and the strata units are at our high-rise developments in Horizon Hills, Puteri Harbour and East Ledang," he said at a briefing on September 19. The high numbers of investors flocking to Iskandar...

puteriharborSingaporean buyers make up 74 per cent of non-Malaysians who have purchased properties in Iskandar Malaysia developed by UEM Sunrise.

Most of these Singaporeans are people who go to Johor frequently for business and those seeking a weekend home, said UEM Sunrise chief executive Wan Abdullah Wan Ibrahim.

“They have been buying both landed homes and strata developments. The landed houses are in our East Ledang development and the strata units are at our high-rise developments in Horizon Hills, Puteri Harbour and East Ledang,” he said at a briefing on September 19.

The high numbers of investors flocking to Iskandar has pushed prices up considerably, he added.

With a market capitalisation of about $3.1 billion, UEM Sunrise is one of the largest Malaysian property developers by market value. Formerly known as UEM Land Holdings, the Khazanah-linked firm was rebranded in June to reflect its acquisition of developer Sunrise Berhad.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

NO COMMENTS

Leave a Reply