07 May '13, 7am

S'pore-based developer buys Iskandar plot

http://www.straitstimes.com/archive/...-plot-20130504 S'pore-based developer buys Iskandar plot Published on May 04, 2013 By Rachael Boon THE development arm of real estate investment house Pacific Star Group will be making waves in rapidly emerging Iskandar Malaysia, after a new acquisition there. Singapore-based Pacific Star Development has bought a prime waterfront freehold plot of 339,800 sq ft in Puteri Harbour for RM93.328 million (S$38 million), from master developer UEM Land. Puteri Harbour is about midway between the Causeway and the Second Link at Tuas. Pacific Star Development said the site will house a mixed-use development, with a gross floor area of about 1.3 million sq ft. This includes waterfront apartments and small office, home office (Soho) units, which will be designed with a sea view in mind. The integrated project will also be home to a two-level comm...

Full article: http://forums.condosingapore.com/showthread.php?p=395678#...

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