Privatization and Mixed Development
Introduction
The construction of the Senai-Pasir Gudang-Desaru highway has further boosted property development in Bandar Penawar where outside buyers have started buying houses and retail spaces as future investments. As in Bandar Penawar, the demand for houses in Bandar Tenggara is also increasing. Along with that, KEJORA has opened up opportunities for the private sector to get involved in mixed development projects. Among the types of housing consisting of villas, bungalows, single-storey terrace houses, double-storey terrace houses, semi-D, shops / offices and flats.
In Bandar Penawar, various housing projects by the private sector are in full swing including housing projects by KEJORA’s subsidiary which are in the earthworks stage to meet the increasing housing demand.