News about Johor

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.

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.

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).

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.

With a gross development value (GDV) of RM1.

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

The counter has risen more than 231% this year, on sentiment play amid an inflow of positive news for projects in Johor, in particular near the Iskandar region, where UEM Sunrise’s portfolio is mostly located.

On Tuesday, BLand said Tun Aminah holds a 30% stake in Berjaya Rail, which is actively participating in the request for information exercise by MyHSR Corp for the revilatised Kuala Lumpur-Singapore High Speed Rail project.