Landserve (Johor) Sdn Bhd executive director Wee Soon Chit said things have "gone crazy", referring to skyrocketing land transactions in Johor Bahru driven by the upcoming RTS Link to Singapore.
Despite the lack of spaces specifically dedicated to youth, young adults should take a proactive approach to claiming public spaces.
The expansion at the southern tip of Gamuda Cove will allow the company to develop landed homes and commercial properties with a gross development value of RM2.
The price tag took into account the property’s net book value at end-March 2024 of RM3.
The proposed Real Property Development Act will cover mixed developments, including retail and commercial properties, the Ministry of Housing and Local Government said in a statement over the weekend.
“This strategic partnership is set to accelerate the development of LIDO into a dynamic, world-class metropolis in the heart of Malaysia’s Southern region.
During the nationwide sales campaign, approximately 30 of Setia’s flagship townships will host lifestyle events across their respective sales galleries in Klang Valley, Penang, Johor, and Sabah, including Setia Alam, Setia AlamImpian, Setia EcoHill, Setia Fontaines, Setia Eco Gardens and Setia Aeropod.
“Not only does the Act acknowledge the importance of property rights while also addressing the need for urban renewal, it also proposes a balance between these two needs, ensuring that redevelopment efforts are fair and beneficial to all involved.
Paradigm REIT will start off with three shopping malls, and the trust could potentially acquire four more assets, chief executive officer Selena Chua Kah Noi said at the same press conference on Friday.
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