News about Johor

KUALA LUMPUR (Oct 27): Affordable housing developer Hua Yang Bhd saw its net profit plunge 97% to RM584,000 in its second quarter ended Sept 30, 2017 (2QFY18), from RM16.

PETALING JAYA (Oct 27): The Purpose-Built Office (PBO) Rental Index for Klang Valley, Johor Bahru, and George Town grew in the second quarter of 2017 (2Q17) from a year ago, according to the “Economic Report 2017/2018”.

PETALING JAYA (Oct 27): The residential overhang rose by 55.

KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).

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JOHOR BARU (Oct 24): Hua Yang Bhd has unveiled Elemence, its newest township in Taman Denai Alam, Johor Bahru, the developer announced in a press statement.

KUALA LUMPUR (Oct 24): UEM Sunrise Bhd’s Southern Industrial & Logistics Clusters (SILC) Phase 3 — a fully integrated industrial park in Iskandar Puteri, Johor — has achieved about RM50 million of sales since its launch at the beginning of this year.

KUALA LUMPUR (Oct 17): Malaysian Rating Corp Bhd (MARC) has assigned a preliminary rating of AAIS to the proposed RM3 billion sukuk by Fortune Premiere Sdn Bhd, a wholly-owned subsidiary of IOI Properties Group Bhd.

KUALA LUMPUR (Oct 13): Hong Kong-listed property developer Country Garden Holdings Co Ltd is courting the government to build a high-speed rail (HSR) station in its Forest City development in Johor, New Straits Times (NST) reported today.

KUALA LUMPUR (Oct 12): Property industry observers do not foresee property prices declining in the next six to 12 months, but instead grow at a moderate pace.