Date: 7 February 2013
Mega development with lifestyle elements on the rise in
Iskandar.
JOHOR'S Iskandar region, already home to tourist attractions
Legoland and Hello Kitty Town, is plumping up its offerings with a new RM300
million (US$96.8 million) integrated project aimed at tapping Singapore's
strong tourist traffic.
According to local broadsheet The Straits Times, Singapore
retail and property company Link (THM) Holdings’s Media Village will be built
over four phases on close to six hectares of land.
When completed in 2018, it will offer 2,000 Soho apartments
and business suites, and 102,193m2 of retail space with 70 per cent going to
F&B outlets. Shops will be divided into seven categories reflecting
cultural themes: Japan, India, South Korea, China, Europe, the US and a Malay
kampung.
It will be located beside Pinewood Studios, 10 minutes away
from Singapore’s Tuas checkpoint.
Link founder and group chief executive, Kenny Tan, said in a
report that he had been hesitant to invest initially, but the opening of
Legoland and Pinewood Studios had proven that the Malaysian government could
deliver.
Tan predicts that 50 per cent of tourists in Singapore will
stop over in Iskandar in the future.
Copyright @ TTG Asia Media Pte Ltd 2013
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