KUALA LUMPUR (Dec 31): 1Malaysia Development Bhd (1MDB) is selling 60% of Bandar Malaysia Sdn Bhd to a consortium comprising Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC) for RM7.
KUALA LUMPUR (Dec 17): Malaysia Pacific Corp Bhd (MPCorp) expects its upcoming residential project within Taman Nusa Damai in Iskandar Malaysia, Johor, which has a gross development value of RM204 million, to help pull it out of its loss-making position.
WHEN Iskandar Malaysia was first planned, the aspirations were regional rather than local.
KUALA LUMPUR (Dec 10): Eco World Development Group Bhd (EcoWorld) has surpassed its RM3 billion sales target for the financial year ended Oct 31, 2015 (FY15), after recording a total sales of RM3.
JOHOR BAHRU (Dec 9):Mah Sing Group Bhd will develop the second Ramada hotel in the city, the Ramada Meridin Johor Bahru.
IPOH (Dec 9): Ipoh mayor Datuk Zamri Man has lived up to his promise to revive the long abandoned Ipoh Riverfront Park (formerly People’s Park) on the banks of Sungei Kinta, on Jalan Sultan Iskandar, and to hand it over to the community.
AS in other locations across the country, developers in Iskandar Malaysia are introducing new design features with their product offerings.
1 Malaysia Development Bhd (1MDB) is understood to be considering a late bid by businessman Tan Sri Desmond Lim, partnering a Qatari state-owned firm, even though it was made after the tender closed.
KUALA LUMPUR (Dec 7): Debt laden 1Malaysia Development Bhd (1MDB) may soon be closing its final deal on the 60% stake of Bandar Malaysia’s project to remove its debt burden, according to a news report.
While negative sentiment continues to loom over Iskandar Malaysia’s property sector, UEM Sunrise Bhd managing director and CEO Anwar Syahrin Abdul Ajib is clearly focused on ensuring that its projects there succeed.
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