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Malaysia’s Leading Developer To Showcase Exciting Property Projects
Jakarta, Indonesia, 11 April 2013 – UEM Land Holdings Berhad (“UEM Land” or “the Company”), Malaysia’s leading and largest property development company by market capitalisation, will showcase exciting property projects this weekend in a property showcase to be held at The Ritz Carlton Jakarta from 13 to 14 April.
UEM Land is the master developer of Nusajaya, one of the five flagship zones of Iskandar Malaysia, Malaysia’s foremost emerging economic corridor located at the south-western tip of Peninsular Malaysia, adjacent to Singapore. Nusajaya is on course to become the largest fully integrated urban development in Southeast Asia and offers an unrivalled opportunity for Indonesian investors looking to invest in the region. As of December 2012, Iskandar Malaysia has attracted cumulative committed investments of RM106.31 billion (approximately USD34.7 billion) in various sectors, including health care, commercial, industry, education, property and tourism.
“We see a growing number of Indonesians interested in our property projects in Nusajaya. The development of Nusajaya is now beyond tipping point with various catalytic projects have reached completion stage and fully operational. The kick-off of the second phase developments are now well underway. This offers Indonesian investors a very unique opportunity to invest in property in Nusajaya and be a part of this vibrant metropolis.” said Madam Siti Mariam Mohd Desa, Chief Marketing Officer of UEM Land.
UEM Land is partnering with the region’s leading real estate group, Ray White Real Estate, to organise the weekend showcase. A spokesperson from Ray White Indonesia, Mr. Erwin Karya, Associate Director of Ray White commented, “Malaysian properties offer a true alternative for Indonesian investors to diversify their property investment portfolio in order to maximise profit. There is high growth potential in established and well connected central Malaysian locations like Kuala Lumpur and Cyberjaya, as well as in Nusajaya. Nusajaya not only has excellent physical infrastructure and amenities already in place, but is strategically located with improving connectivity within the Johor-Singapore-Indonesia (“JSI”) triangle.”
Properties in Nusajaya are located in close proximity to a wide range of lifestyle options including star attractions such as LEGOLAND® Malaysia, Puteri Harbour Indoor Theme Park, world’s best university faculties at EduCity and soon to be opened Pinewood Iskandar Malaysia Studio. The new property projects in Nusajaya were launched in anticipation of the growing influx of people who have chosen to relocate to Nusajaya. Nusajaya property continues to generate avid interest from investors across the region including Indonesians who are drawn to the competitive property prices.
Nusajaya properties that will be featured during the weekend showcase include townhouses in East Ledang, condominiums of Teega @Puteri Harbour and apartments in Nusa Idaman. UEM Land will also be featuring properties that are available in the Central Region focusing on Summer VOS development in the heart of the Country’s capital, Kuala Lumpur as well as its award-winning mixed-use development known as Arcoris Mont’Kiara, and eco-friendly condominium units of Verdi eco-dominiums in Cyberjaya.
The showcase will include a session by well-known Malaysian property expert, Ho Chin Soon. He is the Managing Director of Ho Chin Soon Research Sdn Bhd, an established property information company specialising in digital map making to provide investors with detailed information when buying property in Malaysia. He will provide insights on where, how and when to invest in Malaysian properties and the current hotspots which have the potential to see strong capital appreciation over the years.