At least four research houses upgraded the trust to ‘buy’ after raising their forecasts and target prices, betting that potential income from the mall, the trust’s first outside of the more mature Klang Valley, will offset the dilution to earnings per unit.
The five-storey mall, with over 1.
“Malaysia doesn’t have a talent problem.
The JS-SEZ has nine flagship areas and promoted sectors including electrical and electronics, petrochemical and oleochemical, food and agro-processing, logistics, tourism, healthcare, financial and business services, and creative and education.
JB is rapidly solidifying its position as Peninsular Malaysia's prime destination for commercial land acquisition, with downtown parcels in the region now commanding prices well into four figures psf, according to a market leader.
By district, Johor Bahru (JB) also showed the highest number of residential properties sold for 2012–2025, totalling 73,935 units.
The financing involves CIMB Group Holdings Bhd, Crédit Agricole, DBS Bank Ltd, Malayan Banking Bhd, Standard Chartered, United Overseas Bank, and Oversea-Chinese Banking Corporation Ltd.
The project is located 8km from the upcoming Rapid Transit System (RTS) station at Bukit Chagar, which will connect Johor Bahru to Woodlands, Singapore.
Tropicana’s financial position continues to improve, with gross gearing level reduced from 0.
To undertake the project, a special purpose vehicle will be established with Twinicon holding a 75% stake and Crest Star holding the remaining 25%.
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