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UM Land delivers completed Suasana Iskandar Malaysia
COMPANY LAUNCHES MUCH-AWAITED MIXED-USE DEVELOPMENT IN ISKANDAR MALAYSIA, GIVES JB CITY CENTRE TRANSFORMATION PLANS A BOOST Multi award-winning developer United Malayan Land Bhd (UMLand) launched the much-awaited Suasana Iskandar Malaysia (Suasana IM) this week, showing confidence and breaking the norm by completing the project before offering it to the public.... Read more
IKEA’s Toppen Shopping Centre comes to JB
MORE THAN THAT, IT’S GOING TO BE A NOVEL ROOFTOP COMMUNITY HUB, FUSING SCANDINAVIAN COMFORT WITH MALAYSIAN HOSPITALITY BY Zoe Phoon IKEA Southeast Asia – which owns and operates IKEA stores selling well-designed home furnishing products in Singapore, Malaysia and Thailand – has announced the development of Toppen Shopping... Read more
Country View buys 164 acres from UEM Sunrise
PRIME LAND IN JOHOR SOLD AT RM310mil, TRANSLATING TO RM43.42psf Bandar Nusajaya Development Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd, has signed a deal to sell 163.9 acres of land at Iskandar Puteri in Johor for RM310 million to Country View Resources Sdn Bhd (CVR). The deal... Read more
Chinese buyers see red over Forest City penalty clause
BY Chris Prasad Forest City, taking shape off the coast of Johor Bahru, has been billed as a big ticket investment attractor. It certainly had a promising start, reeling in throngs of property seekers from mainland China who were lured by the project’s attractive prices and proximity to Singapore.... Read more
KL still top choice for commercial developments
… BUT THAT COULD CHANGE IN THE NEAR FUTURE BY Chris Prasad The nation’s capital remains the favoured focal point for commercial investment and development in the country, says global property consultancy Knight Frank Malaysia. It said KL has seen the lion’s share of investments and development in the commercial... Read more
MAH SING’S SUCCESS LIES IN ITS ABILITY TO KEEP ITS FINGER ON THE PULSE OF THE MARKET BY Chris Prasad Given its elevated position in the upper echelons of the development industry, it is sometimes hard to imagine that Mah Sing Group Bhd has its roots in plastic manufacturing.... Read more
Rehda: Best time to buy in Johor
Bucking mainstream opinion, the Real Estate and Housing Developers Association (Rehda) has come out to say that there is no better time to buy in Johor than now. Despite the ongoing economic uncertainties that have slowed the property market in the southern state, the association points out that many of... Read more
Johor: New devt charge on the cards
The Johor state government plans to impose a development charge on property projects carried out here. Bernama reported, it would be levied on the applicant if a development project was approved for conversion of land use, which changed the floor area, compactness and density, and thus would raise its... Read more
No freeze on malls in Johor
Despite speculation that there could be a freeze on retail centres in Johor due to oversupply concerns, the state government has stated that it is not considering such a move. Johor Housing and Local Government committee chairman Datuk Abdul Latiff Bandi explained that a freeze would send the wrong... Read more
Andaman’s RM1 property deal
Known for its unique marketing strategies, Andaman Property Management Sdn Bhd has stepped it up a notch recently, with the offer of a house for just RM1! Launching its Andaman GRAB House @ RM 1 campaign last week, the company said it has teamed up with Wonderlist to deliver... Read more