Crescendo Corp Bhd is set to unveil its Bandar Cemerlang township project, which sits on 1,390 acres of land in Johor and has a gross development value (GDV) of RM3 billion over 10 to 15 years.
“The township is strategically located near Ulu Tiram town and can be accessed via Johor Baru-Kota Tinggi Highway,” said Gooi Seong Lim, Managing Director at Crescendo Corp, in a report by The Star.
“We will start with some medium-cost houses in phase one and these will have a GDV of about RM150 million.”
Moreover, Crescendo enjoys a healthy demand for its Nusa Cemerlang Industrial Park (NCIP), given the Singapore government’s effort to move some of its medium and small industries to Johor.
“We have developed 30 percent of our NCIP land bank and hope to develop about 50 percent in the next couple of years,” he noted.
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