JOHOR BAHRU: Johor Land Bhd (JLand), the property development arm of JLand Group Sdn Bhd, will launch more than 1,000 new property units in Johor this year with a gross development value (GDV) of RM649.6 million.

JLand director-in-charge Zamri Yusof said the new properties include 725 units worth more than RM502.8 million in Bandar Dato Onn, Johor Bahru, 188 units valued at RM88.6 million in Bandar Tiram, and 120 units worth RM65.5 million in Taman Mutiara Gading, Batu Pahat.

He said that to usher in the new year, the company is offering innovative and sustainable residential properties with the launch of 156 two-storey terrace houses in the second phase of Perjiranan 8, Bandar Dato Onn, with a GDV of RM112 million.

"Prices start from RM656,200 for Bumiputera for type Areca 1 (land size 20ft by 70ft), while Canna 1 and 2 (land size 24ft by 70ft) are offered at RM772,480 and RM780,130, respectively.

"We believe that the housing units will meet the quality standard which will benefit its residents," he said in a statement today.

He said Perjiranan 8, Bandar Dato Onn, is the 10th mixed (residential and commercial) property development project by JLand on 25.2 hectares with a GDV of over RM500 million.

Zamri said the development covers four phases, including the first phase comprising 200 two-storey terrace residential house units which were launched in September 2021 and sold out.

He said the location of Perjiranan 8 near Aeon Mall Bandar Dato Onn, Perjiranan 4 commercial centre and the Tebing food hub would make this development a preferred destination for shoppers.

"In addition, the strategic position of Bandar Dato Onn in the middle of the rapidly developing Iskandar Malaysia region as well as sustainable infrastructure and environment create a healthy ecosystem which is able to meet the economic and cultural needs of the community," he added.

 - BERNAMA