DAMAC moves into South-East Asia
Homes Overseas - London,UK
Middle East property developer DAMAC has entered into a sales and purchase agreement worth in the region of £70m with UEM Land Berhad, the master developer of Nusajaya - the largest integrated urban development in South East Asia.
The development is situated within Puteri Harbour, an integrated waterfront and marina development based in Iskandar, Malaysia. The project will have a total mixed use development area of 8m sq ft and offers a panoramic view of the Straits of Johor ...
As per the agreement, DAMAC Properties will purchase three parcels of land totalling 43.6 acres that forms a part of Puteri Harbour. The development will consist of commercial and residential segments and a private marina with a projected gross development value (GDV) of £680m.
Homes Overseas - London,UK
Middle East property developer DAMAC has entered into a sales and purchase agreement worth in the region of £70m with UEM Land Berhad, the master developer of Nusajaya - the largest integrated urban development in South East Asia.
The development is situated within Puteri Harbour, an integrated waterfront and marina development based in Iskandar, Malaysia. The project will have a total mixed use development area of 8m sq ft and offers a panoramic view of the Straits of Johor ...
As per the agreement, DAMAC Properties will purchase three parcels of land totalling 43.6 acres that forms a part of Puteri Harbour. The development will consist of commercial and residential segments and a private marina with a projected gross development value (GDV) of £680m.
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