"Crescendo also noted that the recent 25-basis-point cut in Bank Negara Malaysia’s Overnight Policy Rate is expected to create a "favourable environment for homebuyers and investors".
The RTS Link, connecting Bukit Chagar in Johor Bahru and Woodlands North in Singapore, is on track for completion by Dec 31, 2026, with operations set to begin in January 2027.
The new entity currently has nine ongoing residential developments in Singapore, comprising 4,937 units with an attributable gross development value (GDV) of S$4.
The government is targeting 50 high-impact projects in the JS-SEZ within the next five years and 100 projects over the next 10 years, while creating at least 20,000 high-skilled job opportunities over the next decade.
“This partnership is already taking shape on the ground,” says Gan, highlighting three companies that are looking to tap into the JS-SEZ.
Transport Minister Anthony Loke also reiterated that the government intends to proceed with the HSR project only through private sector-led investment, without direct government funding.
Sunway, via its fully-owned subsidiary Sunway Labuan Investment, signed an agreement to buy MCL for S$738.
In a filing with Bursa Malaysia, Gamuda said the provisional tender result was announced by Singapore’s Housing and Development Board (HDB) after the tender closed on Thursday.
The win is the second by the 35:65 joint venture of Sunway and Sing Holdings in Chuan Grove, coming on the heels of its acquisition of an adjacent parcel measuring 3.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
