News about Johor

KUALA LUMPUR (June 17): Boustead Plantations Bhd is disposing of eight parcels of freehold land totalling 159.

CRESCENDO CORPORATION BHD PROPERTY stocks may under-perform in the near to medium term, following cooling measures, weak consumer confidence and oversupply concerns, including in Iskandar Malaysia (IM).

KUALA LUMPUR (June 15): Property developer Hua Yang Bhd remains confident that its projects will continue to do well despite the difficult outlook for the sector, moving forward, as it focuses on affordable offerings.

SKUDAI (June 12): The Malaysian Secondary Property Exhibition (Maspex) in Johor held over last weekend hit its target of 18,000 visitors.

SKUDAI (June 8): Landed homes on the secondary market priced between RM300,000 and RM600,000 are continuing to see strong demand in Johor, said Malaysian Institute of Estate Agents (MIEA) Johor branch chairman Liew Toh Sen (pictured, below).

JOHOR BARU (June 6): Iskandar Waterfront City Bhd (IWCB), in which state, federal and private entities are stakeholders, will undertake a RM65 million project to revive an abandoned housing project in Johor.

   SKUDAI (June 5): Iskandar Malaysia is still experiencing rapid economic growth, said Iskandar Regional Development Authority (IRDA) CEO Datuk Ismail Ibrahim today.

KUALA LUMPUR (June 5): Johor Baru’s residential market showed no growth in values and transactions in the first quarter of this year (1Q2015), according to the latest edition of The Edge-KGV International Property Consultants Johor Baru housing monitor.

The proposed implementation of “international zones” for the purchase of residential property by foreigners in Johor is likely to dampen demand for luxury properties outside of them that are priced above RM1 million, real estate agents familiar with the Johor market tell The Edge Property.

LBS Bina Group Bhd (May 29, RM1.