News about Johor

KUALA LUMPUR (March 6): Iskandar Waterfront City Bhd's (IWCity) single largest shareholder Iskandar Waterfront Holdings Sdn Bhd has been exploring a restructuring exercise involving IWCity.

PETALING JAYA (March 6): United Malayan Land Bhd (UMLand), via its wholly-owned subsidiary Seri Alam Properties Sdn Bhd, has inked a memorandum of understanding (MoU) with Chong Wei Binajaya Sdn Bhd to develop part of the proposed Lee Chong Wei International Sports City.

PETALING JAYA (March 3): Eco World Development Group Bhd (EcoWorld) has been handing over the shopoffices at Eco Boulevard, the business precinct of its Eco Botanic township in Johor, to owners since February.

PETALING JAYA (March 1): Central Park, a joint-venture (JV) project between Hong Kong-listed Country Garden Holdings Co Ltd and Damansara Realty Bhd, will soft launch phase one of the residential developments in Tampoi, Johor this Saturday (March 4).

PETALING JAYA (March 1): Shanghai-based, state-owned property developer Greenland Group has partnered with AirAsia Bhd to boost local development and tourism in the southern region of Peninsular Malaysia.

KUALA LUMPUR (March 1): Hong Kong-listed Country Garden Holdings Co Ltd, the company that develops Forest City project that carries a gross development value of US$100 billion (RM444 billion) along the Straits of Johor, is here to stay for long-term investment.

THE property market in Johor will remain challenging this year and developers will focus on clearing stock and selling products priced below RM700,000.

ISKANDAR PUTERI (Feb 24): UEM Sunrise Bhd is set to see the handover of its serviced apartments and offices at its mixed development Teega @ Puteri Harbour (Teega) in Iskandar Malaysia, Johor by the end of this month.

KUALA LUMPUR (Feb 24): Johor’s landed property prices could decline up to 30% this year, says Landserve (Johor) Sdn Bhd executive director Wee Soon Chit.

KUALA LUMPUR (Feb 23): Property developer Matrix Concepts Holdings Bhd has reported a net profit of RM50.