News about Johor Bahru

KUALA LUMPUR (April 19): Paradigm Mall Johor Bahru (JB), which is set to open in November this year has secured more than 200 tenants to date.

KUALA LUMPUR (April 13): UMLand has soft-launched a 312-single-bed youth-centric hotel called Bedtel in Bandar Seri Alam in Johor Bahru last month.

KUALA LUMPUR (April 13): Kuala Lumpur and Johor Bahru both remained outside the global top 100 list of most liveable locations for Asian expats in the 2017 Location Ratings Survey conducted by international knowledge, information and software provider ECA International.

AS land costs in urban centres like Kuala Lumpur, Penang and Johor Bahru have risen significantly due to land scarcity, property developers have little choice but to go vertical and construct high-rise projects, be they residential, commercial or integrated developments.

Gamuda Bhd (March 24, RM5.

KUALA LUMPUR (March 6): Iskandar Waterfront City Bhd's (IWCity) single largest shareholder Iskandar Waterfront Holdings Sdn Bhd has been exploring a restructuring exercise involving IWCity.

PETALING JAYA (March 6): United Malayan Land Bhd (UMLand), via its wholly-owned subsidiary Seri Alam Properties Sdn Bhd, has inked a memorandum of understanding (MoU) with Chong Wei Binajaya Sdn Bhd to develop part of the proposed Lee Chong Wei International Sports City.

PETALING JAYA (March 1): Central Park, a joint-venture (JV) project between Hong Kong-listed Country Garden Holdings Co Ltd and Damansara Realty Bhd, will soft launch phase one of the residential developments in Tampoi, Johor this Saturday (March 4).

PETALING JAYA (March 1): Shanghai-based, state-owned property developer Greenland Group has partnered with AirAsia Bhd to boost local development and tourism in the southern region of Peninsular Malaysia.

THE property market in Johor will remain challenging this year and developers will focus on clearing stock and selling products priced below RM700,000.