News about Johor

KAJANG (Oct 11) : The slow market absorption of properties has led to the increase in residential overhang which totals 29,227 units worth RM17.

  KUALA LUMPUR (October 10): Pestech International Bhd has secured a signalling system work subcontract worth RM75 million for the Gemas-Johor Baru (JB) electrified double-track project.

PETALING JAYA (Oct 7): The RM2 billion that has been deposited by buyers of condominiums in Forest City into its Housing Development Account (HDA) proves that the units were transacted in Malaysia, said its developer Country Garden Pacificview Sdn Bhd (CGPV).

PETALING JAYA (Oct 5): The Malay Economic Action Council (MTEM) has urged the Johor government to ignore a suggestion to do away with bumiputera quotas and discounts for properties priced above RM1 million, reported The Malaysian Insight.

PETALING JAYA (October 5): China investors main intention was to purchase holiday homes, not to relocate, said state International Trade, Investment and Utilities Committee chairman Jimmy Puah Wee Tse.

JOHOR BAHRU (October 2): The Johor Real Estate and Housing Developers Association (Rehda) requests that the state government does away with the 15% discount for bumiputra properties worth RM1 mil and above, citing low take-up rates.

KUALA LUMPUR (Sept 27): Property developer Crescendo Corp Bhd's second quarter net profit fell 36.

KUALA LUMPUR (Sept 25):  Sunway Iskandar and NEC Asia Pacific Pte Ltd have signed a memorandum of understanding (MoU) to explore a collaboration which aims to augment safety and security for the 1,800-acre Sunway Iskandar township in Johor.

PETALING JAYA (Sept 25): Boutique property developer Temokin Development Sdn Bhd, a subsidiary of Temokin Holdings Sdn Bhd, has launched the first phase of its maiden property project – the Mahligai at Nusa Damai, Pasir Gudang, Johor – today, it said in a press release.

KUALA LUMPUR (Sept 21): Scientex Bhd has reported its best quarterly net profit of RM88.