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News about Johor

The REAL deal: Buying property in 2024?

Jan 08

Property cycles, once a vague but nevertheless useful guide to the timing of new property launches, no longer exist.

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Scientex nixes second attempt to buy Johor land from S P Setia at higher price of RM548 mil

Jan 06

On Friday, Scientex and S P Setia said in a Bursa filings that the deal to purchase the freehold 960-acre land in Tebrau was terminated due to non-fulfilment of the conditions precedent within the extended completion period.

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Harn Len plans RM42.5 mil purchase of aquaculture business from substantial shareholder Mohamed Nizam Jakel

Dec 30

The Johor-based oil palm planter and property developer said it had entered into a conditional share sale agreement with Nizam to acquire the entire 100,000 shares in Tiger Aquaculture Sdn Bhd (TASB).

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Expand scale and scope of Johor-Singapore special economic zone, says Ong Kian Ming

Dec 04

There should also be serious consideration for a third bridge linking Malaysia to Singapore in anticipation of increased economic activity, assuming that the successful implementation of the SEZ will lead to a “second take-off” for this region.

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Phillip Capital sees Lagenda Properties rebounding in FY2024 on record-high unbilled sales, Johor expansion

Nov 22

In tandem with the group's current higher confirmed sales of RM289 million, Phillip Capital expects Lagenda's unbilled sales to climb and reach a record high of RM855.

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RHB Research raises estimated GDV for AME Elite’s industrial projects in Johor by 10-12%

Nov 20

RHB said the potential addition of new land, especially in Johor, could be a share price catalyst as AME has been anchoring the industrial sector in Iskandar Malaysia.

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UEM Sunrise disposes 46.9 ha of freehold parcels in Johor Bahru for a total consideration of RM146.1 mil

Nov 17

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.

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Crescendo sells third Pulai land for RM315 mil cash

Nov 17

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

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Crescendo to sell nine parcels of land in Johor for RM111 mil cash

Nov 15

In a Bursa Malaysia filing on Wednesday, CCB said its wholly-owned unit Panoramic Industrial Development Sdn Bhd (PID) had inked a conditional sale and purchase agreement with Yu Ao Sdn Bhd (YASB), to dispose of the nine parcels of land (in two parcels classified as Parcel A and Parcel B).

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Singaporean Bespoke Habitat launches co-living space in Johor Bahru

Nov 02

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.

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