How the covid-19 pandemic has affected foreign developers in Johor

How the covid-19 pandemic has affected foreign developers in Johor. [Newspaper] (2021)


It is no secret that mega develop­ments by foreign developers, particularly from China, were sprouting up in Johor prior to the Covid-19 pandemic. Notable projects include Chinese developer Country Garden’s Danga Bay and Forest City in Iskandar Malaysia. More recently, last September, Iskandar Waterfront Holdings Sdn Bhd announced a partnership with Metallurgical Corp of China Ltd (MCC) to develop a 148-acre commercial plot in Skudai.

In general, the strategies of foreign developers in Johor differ, but they typically offer products in the higher price range and target mostly foreign buyers from China and even the Middle East, and some local buyers. Property tourism also plays a pivotal role in the buying process, with the developers organising trips to their sales galleries.

Item Type: Newspaper
Keywords: Investment, Foreingn developers, Foreign policy, Liabilities, Demand, Fixed assets
Taxonomy: By Subject > Business & Management > Economics
By Subject > Business & Management > Finance
Local Content Hub: Subjects > Business & Management
Depositing User: Mohd Aizat Abd Halim (Seremban)
Date Deposited: 22 Nov 2021 13:06
Last Modified: 22 Nov 2021 13:06
Related URLs:

Actions (login required)

View Item View Item