23 Sep '15, 5am

#singapore #property Iskandar project converted into healthcare hub: Rowsley Ltd, a fir...

#singapore #property Iskandar project converted into healthcare hub: Rowsley Ltd, a fir...

Comment E-mail to friend Bookmark & Share Rowsley Ltd, a firm controlled by Singapore billionaire Peter Lim, will convert its Vantage Bay integrated development in Iskandar Malaysia into a healthcare hub, as residential sentiment within the region remains soft, reported The Business Times . With a gross development value of RM5 billion, the new healthcare city will have three components – education, wellness and medical – which will be developed in phases over 10 years, said the company. The medical component will include a community hospital, specialist hospital, medical suites and long-term care facilities. Rowsley noted that the two hospitals will be situated next to Thomson Iskandar hospital, with the three hospitals offering a total of 850 beds. The Thomson Iskandar hospital is being developed by another firm controlled by Lim. The wellness component will include a ho...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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