News about Johor Bahru

AFTER Datuk Zamani Kasim settles down for our meeting in the lobby of Hilton Kuala Lumpur, he says he will show us later pictures of his 8-bedroom resort home in Yan, Kedah, which took 15 years to build and was completed five years ago.

PETALING JAYA (Aug 19): Astaka Padu Sdn Bhd will be unveiling the final phase of One Bukit Senyum (OBS) — the RM6 billion integrated development in Johor Bahru, on Aug 28, according to its CEO Datuk Zamani Kasim.

THE Johor market has been quiet in the past year.

PETALING JAYA (Aug 9): While fewer launches of high-rise homes in Johor Bahru are planned this year, the market will still need time to digest its existing and incoming supply of high-rise homes, said Knight Frank Malaysia in its latest property market report.

KUALA LUMPUR (Aug 3): Johor Bahru's City Council (MBJB) intends to collaborate with Singapore Exchange-listed property developer Astaka Holdings Ltd in relocating the city council's new headquarters to a new central business district in Johor, One Bukit Senyum (pictured) (OBS).

JOHOR (Aug 1): The high-rise property market in Johor is going through challenging times at present, but S P Setia Bhd is taking the long-term view and is optimistic about the Johor Bahru property market.

KUALA LUMPUR (July 13): Berjaya Assets Bhd (BAssets)'s unit, Berjaya Waterfront Sdn Bhd, has inked a Memorandum of Understanding (MoU) with Foshan City Bureau of Commerce (FCBC) to establish a strategic collaboration partnership to foster trade and investment activities.

KUALA LUMPUR (July 4): Many companies may have painted a gloomy outlook for the domestic property sector, but this is the sector Damansara Realty Bhd is focusing on this year in seeking to return to profitability.

KUALA LUMPUR (June 27): Little-known Johor Bahru-based property developer BCB Bhd, which has seen its earnings balloon near six times in the last four years, is scaling down its launches to bite-sized portions as headwinds continue to buffet the local property market.

PEKAN, PAHANG (June 12): UDA Holdings Bhd (UDA) wants to open a couple of new hotels under its Ancasa brand in the next half decade, according to a report from Bernama.