News about Johor Bahru

The Johor Golf and Country Club (JGCC) project was awarded by Tanjung Nakhoda (M) Sdn Bhd, said Fajarbaru in a stock exchange filing on Tuesday.

“The proposed industrial park, about the size of 1,000 football fields, will be one of the largest purpose-built fully integrated new industrial estates in Johor.

Regarding the Johor Bahru-Singapore Rapid Transit System (RTS) Link project, Loke announced that infrastructure work in Malaysia had reached 65% as of the end of December last year, while system work was 33.

UEM Sunrise stated that the disposals of the Lands are in line with its three-phase strategic turnaround plan: Triage, Stabilise and Sustain, particularly under the first phase, Triage, to transform the company into a balanced real estate player with the immediate goal of strengthening financial performance via, among others, monetisation of non-strategic lands.

The disposal consideration is supported by the market value of RM315 million ascribed by the valuer, Crescendo said.

Some of the facilities of the co-living space are functional living areas, fully-equipped kitchens, high-speed WiFi, on-site laundry facilities, concierge customer care service and weekly cleaning service.

Transport Minister Anthony Loke stated that according to the bilateral agreement between Malaysia and Singapore for the implementation of the RTS project, one of the agreed-upon conditions is the termination of the Tebrau Shuttle service six months after the RTS becomes operational.

Allan Soo RE Consultants principal, Allan Soo: The daily crossings (between Singapore and Johor Bahru) are 320,000.

The total gross land area is approximately 3.

Revenue from the property development division saw a more than three-fold increase to RM39.