News about Johor

In a thematic report on Wednesday, the house said Malaysia’s DC inventory could be 10 times what the industry built over the past 20 years, positioning it significantly ahead of Singapore, which is constrained by land scarcity and environmental regulations.

The network will connect landing points in Johor Bahru to “various developments” within the Johor-Singapore Special Economic Zone, Johor Menteri Besar Datuk Onn Hafiz Ghazi said on Thursday during the Invest Malaysia conference.

Harn Len said the land parcel, currently being used as public parking, is located along Jalan Ngee Heng.

DONE DEAL: Bungalow, Taman Pantai, Bangsar, Kuala Lumpur DONE DEAL: Terrace house, Sierramas West, Selangor Skudai’s average transacted prices for landed residential properties vary greatly across its locales.

Tropicana said the original cost of investment in the land stood at approximately RM143.

“We still see trading opportunities in the stock considering the potential for more contract wins and monetisation news flow.

​ For context, IBTEC, which has a GDV of RM27 billion, is set to become a major circular city within the proposed Johor-Singapore Special Economic Zone in the southern region.

Paragon Globe said its wholly-owned subsidiary, PGB Desa Heights Sdn Bhd, inked a development rights agreement with Tropicana Danga Bay Sdn Bhd, a 60%-owned indirect unit of Tropicana Corp Bhd (KL:TROP).

The newly opened facility, which was completed in 2023, is twice the size of Insulet’s highly automated manufacturing facility in Acton, Massachusetts, which is where the company is headquartered.

“Major developers remain confident on the long term outlook with Johor continuing to be an important market.