Vallaris: The latest project blooming at Setia Eco Gardens
 SP SETIA’S AWARD-WINNING ADDRESS HAS A NEW JEWEL IN ITS CROWN After already having garnered much attention and recognition, Setia Eco Gardens in Johor has now been given renewed shine with the launch of the latest phase within the award-winning township. Unveiled earlier this month, the Vallaris eco homes... 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
SoHo price drop ahead?

SoHo price drop ahead?

News January 19, 2017

Market analysts warn that the current oversupply of upmarket strata properties could result in a dip in value this year. In particular, the large incoming supply of Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see the prices of such units fall by at least 10 per cent.... 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
Johor housing loan scheme available for first timers
The Johor government, in collaboration with AmBank Islamic Bhd, has introduced a housing loan scheme to provide Islamic home financing to help Johoreans own affordable homes. Menteri Besar Datuk Mohamed Khaled Nordin said the scheme, which offers a total of RM300 million in loans to those earning below RM5,000 a month, is expected to help at least... Read more
Progress spells pain for Johor fishing community
BY Chris Prasad The multi-billion ringgit Forest City development, taking shape on reclaimed land off the southern coast of Malaysia and close to Singapore, has generated plenty of international attention – but not all of it good. The RM169.26 billion futuristic “eco-city” promises a vibrant landscape of high-rises and... Read more
Long road to recovery
  BY Chris Prasad Positive signs may be creeping into the market, but the path to recovery will be long and sluggish, say industry experts. While the market expects to see marginal improvements in sale transactions in the second half of this year, many property consultants predict that it... Read more
Construction completed at UM Land’s Amari Hotel
  United Malayan Land Bhd (UM Land) celebrated the topping out ceremony of its much-awaited Amari Hotel project earlier this week, with the final piece of construction completed at  the top most 19th floor. Amari Johor Bahru will make up part of the developer’s Suasana Iskandar Malaysia integrated commercial... Read more