PETALING JAYA: Property developers with strategic land banks in Iskandar Puteri, Johor, have enjoyed brisk sales for their recent launches as connectivity improves.This trend is augmented by growing demand for industrial properties and land for data centre developments in the state, according to CIMB Securities Research.
Following its recent visit to two major developments in Iskandar Puteri – namely Sunway City Iskandar Puteri (SCIP) by Sunway Bhd
and Puteri Harbour by UEM Sunrise Bhd – in conjunction with Invest Malaysia 2024, the brokerage said it came away feeling “more assured that the feel good factor generated from Johor’s transformative landscape would eventually trickle down to Iskandar Puteri, the heartbeat of the Iskandar Malaysia within the southern development corridor of Johor”.
