THE Johor market has been quiet in the past year. Both property prices and rent have seen minimal movements, and there have not been many new launches. KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan expects the situation to remain the same for at least the next two years, with some bright spots in between.
Gamuda Land Sdn Bhd, the property arm of construction group Gamuda Bhd, is known for its successful township developments such as Kota Kemuning, Bandar Botanic, Valencia and Jade Hills in the Klang Valley as well as Horizon Hills in Johor. Kota Kemuning, Bandar Botanic and Valencia, with a total area of more than 3,000 acres, have been fully developed.
A group of businessmen, including an Indonesian and four Malaysians are looking to draw more visitors to the northern part of the island with a new project — Margarana Dream City.
OCR Land Holdings Sdn Bhd, formerly Ong Chong Realty Sdn Bhd, has been a low-key developer since its establishment almost 27 years ago. It hardly made news until it emerged in 2014 as a substantial shareholder in the then loss-making Takaso Resources Bhd — public-listed manufacturer and exporter of rubber and baby products.
What are some of the things you should look out for when hunting for a high-rise home on the subsale market? Kimfield Properties agent George Loh shares 13 tips below.
Tropicana Corp Bhd is planning to launch RM1.5 billion worth of projects this year. To kick-start the process, it will unveil three projects in the Klang Valley by early July.
For Sunsuria Bhd, developing the freehold, 525-acre Sunsuria City in Salak Tinggi has been a journey of faith. The core of the township, which has a gross development value (GDV) of RM10 billion, is the 150-acre Xiamen University Malaysia, China’s first overseas campus. The rest of the township will grow around the university.
Covering 17.8 acres, the project will offer 663 apartments (built-up: 818 sq ft) in three blocks. With a gross development value (GDV) of RM273 million, the units will be priced from RM383,999.