Dijyaya ... Aug10

Property developer Dijaya Corporation Bhd has bought two parcels of prime land totalling 37 acres in Danga Bay, Iskandar Malaysia, for RM308 million.

The land is being acquired by Goldhill Quest Sdn Bhd, a joint venture between Nagasari Cerdas Sdn Bhd (a wholly-owned subsidiary of Dijaya Corp) and Global Corporate Development Sdn Bhd, owned by Iskandar Waterfront Sdn Bhd.

The RM3.8 billion investment of Dijaya Corp in Danga Bay is its another milestone in continuing efforts to promote and position Iskandar Malaysia as a premier economic zone.

The sizeable investment by Dijaya and Iskandar Waterfront will have a massive impact on the local economy.

The development in Danga Bay will include prestigious commercial, residential and leisure projects. This will include office and commercial properties, hotel, shopping complex, condominiums and a full range of world-class waterfront lifestyle projects.