News about Johor

THERE was a time when old shophouses in some small towns in suburban areas were turned into swiftlet houses to reap the lucrative returns on edible bird’s nest.

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Land is a limited resource, simple as that, and considering that fact alone, we can assume that land values will grow over time especially in land-scarce urban areas.

Scientex Bhd (Dec 29, RM6.

PETALING JAYA (Dec 28): Packaging manufacturer and property developer Scientex Bhd has expanded its landbank with the acquisition of two parcels of land amounting to 121 acres in Kulai, Johor for a total cash consideration of RM123.

Kimlun Corp Bhd (Dec 23, RM2.

KUALA LUMPUR (Dec 27): Private investment company, Guidance Investments, is looking at potential warehouse opportunities in Malaysia to expand its property portfolio in the Southeast Asia (SEA) market, according to Guidance Investments’ Asian Real Estate managing director Pius Ho.

PETALING JAYA (Dec 24): Despite the soft high-rise residential market in Johor, it is a different story for the industrial sector, which is driven by need and not speculation.

KUALA LUMPUR (Dec 21): Mitrajaya Holdings Bhd has bagged a RM159.

Construction Maintain overweight: A legally binding bilateral agreement for the much anticipated KL-Singapore high-speed rail (HSR) was signed on Tuesday at the Prime Minister’s office in Putrajaya.