News about Johor

PETALING JAYA (June 24): Paragon Globe Bhd’s wholly owned subsidiary PGB Landmark Sdn Bhd has entered into a conditional sale and purchase agreement with DayOne Data Centers Malaysia III Sdn Bhd to dispose of two parcels of freehold land in the Mukim of Tanjung Kupang, Johor Bahru, for RM398.

PETALING JAYA (June 22): The Housing and Local Government Ministry (KPKT) has channelled RM1.

KUALA LUMPUR (June 19): Scottish-based global data and analytics company Wood Mackenzie (WoodMac) warns that Johor’s data centre projects could consume 40% of the state’s electricity demands by 2035, an increase of around 24%, putting pressure on the state’s grid infrastructure to keep up with demand.

PETALING JAYA (June 19): AME Real Estate Investment Trust, the acquisition side, has confirmed that the sale and purchase agreement (SPA) for i‑Park SAC 34 has become unconditional after all conditions precedent were fulfilled yesterday.

KUALA LUMPUR (June 18): Sunway Construction Group Bhd (KL:SUNCON) said it has secured additional change orders worth RM664.

KULAI (June 17): The proposed elevated autonomous rapid transit (E-ART) project aimed at enhancing the public transport system in Johor Bahru will be implemented under the supervision of the Public Private Partnership Unit (Ukas) through a public-private partnership (PPP) model.

KULAI (June 12): Genting Property Sdn Bhd on Friday unveiled Johor Tech Smart City, a 2,300-acre integrated development within the Johor-Singapore Special Economic Zone (JS-SEZ) in Kulai, Johor.

PETALING JAYA (June 12): UDA Holdings Bhd has handed over all 153 units of Areca Terrace Phase 4B in Bandar UDA Utama, Johor Bahru ahead of schedule, with the development fully sold.

PETALING JAYA (June 11): The Forest City Special Financial Zone (SFZ) is expected to surpass its RM2 billion investment target for 2026, supported by steady investor interest since its launch within the Johor-Singapore Special Economic Zone (JS-SEZ).

PETALING JAYA (June 10): Chin Hin Group Property Bhd (CHGP) said the conditional period for its joint development agreement (JDA) with Kelana Megah Sdn Bhd has been further extended by six months, as conditions precedent under the agreement have yet to be fully satisfied.