After precisely forty-seven months in the
region, one could hardly call it a surprise.
Funtasy Island Eco-theme Park & Dolphin Villa Project.
Off
Batam, Indonesia. Units priced $758k. Funtasy Island Eco-theme Park & Dolphin Villa Project.
A Malaysian-Singapore PR owns 30% of
the development; remainder two Indo businessmen.
Six hundred twenty-one units, 90%
sold; 70% bought by Singaporeans.
In addition to the Dolphin lagoon, an aviary, stingray habitat and mangrove
swamps.
Twenty minute ferry promised to Sentosa (the forerunner hyper-fantasy island).
None of the buildings as yet completed; project running 6-9 months
behind schedule.
On the other, northern side of the main island of Singapore, the Sultan of Johor with his various partners is planning land reclamation by the narrow Causeway, which separates Sing. from the Peninsular. A much larger, up-scale development there.
The Condo porn splash in the newspaper here far, far less sophisticated than the comparable in our weekend papers down in the great Southern land.
On the other, northern side of the main island of Singapore, the Sultan of Johor with his various partners is planning land reclamation by the narrow Causeway, which separates Sing. from the Peninsular. A much larger, up-scale development there.
The Condo porn splash in the newspaper here far, far less sophisticated than the comparable in our weekend papers down in the great Southern land.
Sunday
Times, 2 May 2015
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