The collaboration of UEM Land Holdings Berhad and Iskandar Investment Berhad (IIM) with network system Cisco to develop and information and communications technology(ICT) and services smart city masterplan for Nusajaya.
Turning Nusajaya into a smart city will prompt property prices to rise even further. Properties selling at RM 300,000 are now at RM 400,000. Properties launched in East Ledang in 2008, has seen price increase from RM 500,000 to RM 600,000.
This will be the first "smart+connected" community property development in Malaysia, which will also integrate with retail and banking services.
Some of the catalyst development that you might know of in Nusajaya includes Kota Iskandar, Southern Industrial and Logistic Clusters, Puteri Harbour, Afiat Healthpark and Nusajaya residences.
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