JLL: Industrial property market growth moderates in 2023
In the "2023 Market Outlook & Sectorial Market Overview" media briefing held by JLL on Wednesday (Feb 15), its senior analyst Henry Hong shared that there will be 5.
In the "2023 Market Outlook & Sectorial Market Overview" media briefing held by JLL on Wednesday (Feb 15), its senior analyst Henry Hong shared that there will be 5.
DONE DEAL: Bungalow, Bukit Tunku, Kuala Lumpur DONE DEAL: Industrial land, Pajam, Negeri Sembilan The property is nestled in the enclave of Country Heights which is also strategically located in the interchange of Kajang, Selangor.
SCIB managing director Rosland Othman said there are no penalties or liquidated ascertained damages to SCIBILL over the termination of the project.
"The company does not expect to incur any losses arising from the commencement of the arbitration proceedings other than legal cost and the associated costs.
These lands are strategically located within the proximity of multiple industrial parks and the region’s economic hub of Johor Bahru, being just 18 kilometres (km) away from Senai International Airport with its associated logistics and industrial hubs, and 39km away from Johor Bahru city centre.
The contract is scheduled to commence on Feb 13 and is expected to be completed within 14 months from the commencement date.
"The group's plans to expand its New York gaming operations under Genting Malaysia Bhd may affect its credit quality, but such developments, including the timing and funding structure of the investment, ultimately hinge on the awarding of the casino licence, which remains uncertain at this point.
MM2H consultant, Gary Crestejo: For participants from developed countries, West Malaysia is still a closer match over East Malaysia as the lifestyles of cities like Kuala Lumpur and Penang are more similar to their hometowns, which will be easier to adapt Sunway University economist Dr Yeah Kim Leng said the initiative is laudable as it gives Sabah an edge to attract more MM2H applicants, where a greater number of investors and rich retirees will help to boost the economy.
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