The Haney Group Forum The Haney Group Malaysia Attra..
The Haney Group Malaysia Attracts Singapore With Land10 Years AgoSource
"The Market Research Team has for some time been
observing this little known joint effort between Malaysia and Singapore. They
are overcoming obstacles to create an area beneficial to both over a wide
spectrum of their economies. We see this as further proof of the Asian recovery
that is ongoing and we are advising investors towards opportunities there and
across the region that have proven results," Commented The Haney Group's
Head of Principle Investment, Marcus Ferris.
UEM a Malaysian land holding company will market $1.3
billion of mixed living, business and industrial projects this year, seeking
Singaporean buyers. Most of this activity will be centered in Nusajaya the city
in this special area that is a part of the southern Malaysian state of Johor. Here
condominium values have increased 200% since 2009. The special area is the
222,600-hectare Iskandar Malaysia economic zone, setup by the Malaysian
government to favor Singaporean interest with everything from seafront mansions
to oil storage. Land starved people and companies from Singapore see this as
very good thing with convenient travel connections in the works it will become
more attractive in the future.
"The extraordinary development happing in the Iskandar
zone is another indicator of the growth within the Asian markets, we are
offering solid advice that now is the time to invest, being properly positioned
within these markets will see the full measure of gains," said Marcus
Ferris, Head of Principle Investment, at The Haney Group.
Malaysia is telling Singapore you are Manhattan, we are your
New Jersey and we both will grow together. Real estate investment in Nusajaya
is rising meaning investors are seeing trends they have confidence in. UEM's
advantage lies in the connections developing and in place between the two
Southeast Asian countries after their previous issues have been removed.
Planned attractions include an F1 racing test track, large exhibition hall
complex and a high-speed rail link by 2020 to Kuala Lumpur linking the two
giant cities similar to London and Paris.
"The
Haney Group is ideally positioned within Asia, opportunities are
everywhere, our mission is to guide investors to confident footings for the
solid returns expected," concluded Marcus Ferris, Head of Principle
Investment, at The Haney Group.
Related
Topics
|