M88 Malaysia Malaysia project launches sale, overseas development enters harvest period

High-end apartments in Johor Bahru are selling well after opening 1.600 million M88 Malaysia brand fully recognized

June 28，The M88 Malaysia Emerald Bay high-end apartment project invested and developed by M88 Malaysia Group in Johor Bahru, Malaysia has officially launched sales，Get positive market response，A total of more than 140 units were subscribed for the first phase of the opening，The contracted area is nearly 10,000 square meters，Pre-sale amount exceeds 1.600 million yuan，Refreshing the Malaysian real estate market transaction record。As the fourth overseas real estate development project of M88 Malaysia Group to realize returns，The hot sales at the launch mark another success for M88 Malaysia after South Korea in deeply exploring the Southeast Asian market，Its diversified customer groups and positive market response mark the opening of a new situation for the M88 Malaysia brand in overseas markets。

The M88 Malaysia Emerald Bay high-end apartment project launched for sale this time is located in Johor Bahru, Malaysia，Next to the Strait of Johor，Across the sea from Singapore。The total project area is 70,000 square meters，Total building area 36.70,000 square meters，Planning and building large-scale residential communities、Mid-to-high-end serviced apartment、Hotels and supporting businesses。The first phase of high-end apartment project launched this time relies on its superior geographical location、High level of development quality and brand appeal of M88 Malaysia China’s major enterprises，Attracted people from different countries、Customers in the region。In this pre-sale customer group，75% are from Malaysia and Singapore，15% from China，10% from Japan、Indonesia and other overseas countries。Localization shown by customer distribution、Diverse features，Indicating that M88 Malaysia Group’s overseas development is gradually turning to maturity，Focusing on domestic customers from the initial stage，Change to a global customer base。Currently，On the basis of consolidating the domestic customer base，M88 Malaysia America、Australia、Canada and other overseas projects are in the pipelineSignificantly increase the proportion of overseas customers，Reliance on domestic customer groups has been significantly reduced compared with the previous period，M88 Malaysia’s confidence and ability to control the local market are constantly improving。

Johor Bahru City is located at the southernmost tip of the Malay Peninsula，is the capital of Johor、One of the three major cities in M88 Malaysia。There is only a narrow Strait of Johor between Johor Bahru and Singapore，Regarded as Singapore’s hinterland facing the Malaysian market，Two bridges have been built to connect the two places，The Malaysian government intends to build it into the second largest city in the country。At the same time，The Malaysian government has launched and continuously improved the “Second Home” plan，Encourage foreigners to live and invest in M88 Malaysia for a long time，As of 2013，This plan attracted more than 20,000 people from 120 countries to settle in M88 Malaysia。In addition，M88 Malaysia’s pleasant climate and environment、Integration of multiculturalism、Connecting with European and American educational resources is extremely attractive。