Damac plans RM3.8bil project


JOHOR BARU: Dubai-based Damac Holdings, one of the world's leading luxury waterfront developers, plans to build commercial and residential properties and a private marina with a projected gross development value of about RM3.8bil in Puteri Harbour, Nusajaya.

Spanning 17ha, the project will be undertaken over eight to 10 years by Damac Properties (M) Sdn Bhd, a subsidiary of Damac Properties LLC, the real estate development unit of Damac.

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