Iskandar Main Developers
2015 will see UEM Sunrise, one of the main developers of Hillhaven Condo Holland Drive Condo Iskandar, diving headlong into work planed out for Johor that will include a number of catalytic projects in the Nusajay area. This includes Gerbang Nusajaya’s ground-breaking ceremony for Motorsports City.
Having a $15 billion (RM 40 billion) gross development value, Gerbang Nusajaya’s 1,800 hectares consists of residential precincts, industrial parks, campus offices, and retail Bukit Batok EC and lifestyle parks. All of this will be constructed over a span of 25 years in 5 phases.
Westwood Residences Executive Condominium
Chiefly, Motorsports City, with its S$1.32 billion (RM3.5 billion) price tag and 118 hectare area, will bring with it a 4.5km racing track that will be able to host International races. The site will also offer a model automotive nerve centre, which will have F&B outlets, auto showrooms, bonded warehouses, retail units, and al fresco areas. It will also provide centres which will be dedicated to the services, sales, systems and spar parts of a variety of autos. This may in turn affect Westwood Residences EC Sales due to the demand for foreign properties.
A second ground breaking project set of 2015 will be an …