Danga Bay Location 

  • Danga Bay is a prime seafront location, facing Singapore and located two kilometres from the CIQ.
  • Under the Iskandar Waterfront Holdings Masterplan, the area around Tune Hotel is earmarked to be an international financial centre, putting it in the same league as KLCC Twin Tower.
  • China based Country Garden made its debut in Malaysia in 2014, erecting 9000 residential units in the heart of the zone.
  • This spurred another fortune 500 company, Greenland, to add further stock to the area.
  • During the property downturn, from 2017, Tropicana continued to reclaim large tracts of land, boosting confidence for the long-term forecast for this area.
  • Tropez and Bora Residences lie nestled along the coastline while Twin Danga and Laguna Heights sit further back from the coastline.
  • Country Garden’s scale has enabled it to develop its retail sector, Beletime, bringing in Aeon as its anchor tenant.
  • Its occupancy is gradually growing faster than other properties in the area, making it a formidable upcoming hotspot.

Future Danga Bay Hotspot

  • Will Iskandar Waterfront Holdings follow through with its masterplan to develop the International Finance and Commerce Centre?
  • What was developer Tropicana thinking when it continued to reclaim massive amounts of land despite Country Garden’s presence?

We are constantly updating this area’s DEMAND and SUPPLY, location review in HOTSPOT and future PRICES in our FORECAST section.