Bernama.com, 6 Dec 2010
JOHOR BAHARU, Dec 6 (Bernama) -- Singaporean and Malaysian investors Monday announced a partnership to jointly develop a RM500 million new waterfront residential and commercial project in Johor.
To be known as Azea Properties, the high-end development will be coming up on a 1.68 hectare site in Danga Bay - one of the key flagship zones within Iskandar Malaysia.
The Singapore investment, valued at an estimated RM150 million, is by Imperial Marina Pte Ltd - a property investment company helmed by businesswoman Tan Yang Po. Full story