News about Johor

Al-Salam Real Estate Investment Trust (REIT) (Oct 27, RM1.

KUALA LUMPUR (Oct 28): The long-delayed final stretch of the RM8 billion electrified double-track (EDT) rail between Gemas (in Negeri Sembilan) and Johor Bahru (Johor) — which was supposed to be completed in 2008 — seems to finally be moving forward.

Johor Bahru (Oct 27): Residents of Kim Teng Park, Johor Bahru, who have been living in limbo since May 2015, breathed a collective sigh of relief recently when they heard the announcement that their homes were no longer part of a compulsory government acquisition.

PETALING JAYA (Oct 26): Construction firm Bina Puri Holdings Bhd has received a letter of intent from PR1MA Corporation Malaysia (PR1MA) for the construction of 994 apartment units and 20 shops in Johor Bahru.

IGB Real Estate Investment Trust (Oct 21, RM1.

THE current cautious sentiment and oversupply situation in Iskandar Malaysia are making it tough for developers and investors to unload their properties — it can take months to dispose of a property and even then, it may have to come with a double-digit price cut, according to Chestertons Singapore managing director Donald Han.

GEORGE TOWN (Oct 15): Hardly traded Ecofirst Consolidated Bhd sees a sudden surge in interest with trading volume soaring to 39.

JOHOR BAHRU (Oct 10): Despite sales having been impacted by weak market sentiments, the subsale market in Johor has recently seen a marginal increase of 5% in selling price, with buyers’ interest mostly concentrated on landed properties.

The first two serviced apartment blocks of the Andaman Group’s ARC @ Austin Hills in Taman Daya, Johor Baru, are currently 50% taken up since being launched on July 31.

PETALING JAYA (Oct 7): Wondering whether it is a good time to buy a property in Johor? Come to theedgeproperty.