The largest single real estate project invested in Malaysia by a Chinese enterprise, the Greenland Tebrau project represents the “Green World” dream. At the forefront of Greenland Group’s ambitious strategy for the Asia-Pacific region in building will be the 128-acre Greenland Tebrau project, the exemplary integrated habitat model of a big city.
The much anticipated Groundbreaking Ceremony of Greenland Tebrau & Greenland Danga Bay (Jade Palace) development was held amidst much fanfare and celebration yesterday with the attendance of YAB Datuk Seri Hj. Mohamed Khaled Nordin, Chief Minister of The State of Johor, Mr. Xu Jing (Executive Vice President of Greenland Group), Mr Wu Shao Hua (General Manager of Greenland Malaysia), Tan Sri Lim Kang Hoo (Executive Vice-chairman of IWH) and Mr.Wu Zheng Ping (Economic and Commercial Counselor), State Assemblymen, Management Staff of Iskandar Waterfront Holdings, and Heads of Chamber of Commerce.
Also at the event, YAB Datuk Seri Hj. Mohamed Khaled Nordin, Chief Minister of The State of Johor earmarked Tebrau Bay as an “international zone” for foreigners to purchase property in Johor.
“Iskandar Malaysia is a manifestation of the plan to develop a dynamic and world-class metropolis in southern Johor. This is a major growth corridor development in the country by virtue of its strategic locations in the region armed with a competitive and robust logistics infrastructure. With an overall cumulative committed investment record of RM172.51 billion as of June, it clearly shows an increase in investor confidence in Iskandar Malaysia . Of the total, 50 per cent or approximately RM87.80 billion investment has been realized.” shared YAB Datuk Seri Hj. Mohamed Khaled Nordin, Chief Minister of The State of Johor.
Headquartered in China, Greenland Malaysia (“Greenland”) is one of Iskandar Malaysia’s largest developers of real estate, specializing in luxury property. As a Fortune Global 500 entity, Greenland’s key projects in Malaysia include the Greenland Jade Palace Waterfront Residences and Tebrau Waterfront Residences in Iskandar Malaysia.
With an estimated gross development value of RM30 billion over the next ten years across the five phases, the high-end mixed development project – Greenland Tebrau will provide the ultimate standard of coastal living lifestyle offering an excellent investment opportunity for investors.
“To date, Greenland has injected US$ 3.2 billion in Johor covering the inner circle of Iskandar Special Economic Zones, aspiring to build a world-class No. 1 Bay Area cover art – Greenland Danga Bay project. We also aspire to lead Greenland Group ambitious strategy for the Asia- Pacific region in building an exemplary integrated habitat model of a big city – Greenland Tebrau project,” Mr. Xu Jing，Vice Chairman, Greenland Group.
To keep up with the trend of economic globalization, since 2013, Greenland Group has been implementing global development and steadily expanding their presence overseas. Just within two years, Greenland has entered United States, Australia, Britain, South Korea, etc. Spreading over 9 countries within 13 cities outside of China, they have invested in 15 overseas development projects, with its total development area of 5.76 million square meters amounting to a total investment of more than US$ 20 billion.