PETALING JAYA: Younger people moving in and out of states is why many towns in Malaysia saw big jumps in population over the past 10 years. Based on available data, Mukim Pulai in Johor is the number one sub-district that saw the largest spike in population of all the places in the country. From 360,000...
Read moreLiving next to a power station or electrical transmission lines is a reality for some Malaysians. As with anywhere in the world, proximity to such infrastructure raises numerous concerns. One primary concern is the perceived low property value. This could stem from concerns about health risks posed by electromagnetic fields (EMFs) and the potential dangers...
Read moreKUALA LUMPUR, April 8 (Benama) – Mah Sing Group Bhd’s land acquisition in Johor is expected to be positive to Mah Sing as it allows it to continue growing its exposure to Johor’s property market. MIDF Amanah Investment Bank Bhd said in a note today that the land acquisition was for the development of new...
Read moreKUALA LUMPUR (April 4): Crescendo Corp Bhd has announced the disposal of a piece of vacant freehold land measuring 1.1 million sq ft in Pulai, Johor for RM132.47 million, or RM120 per sq ft. In a bourse filing on Thursday, the Johor-based property developer said its wholly owned subsidiary Panoramic Industrial Development Sdn Bhd (PID) had entered into...
Read moreKUALA LUMPUR: Eco World Development Group Bhd’s largest green business park, Eco Business Park V (EBP V) has signed agreements with 11 new companies for the purchase of land and factory lots. A memorandum of understanding (MoU) was also signed between EcoWorld and GoldenHome Living Co Ltd. to establish a strategic partnership in providing housing furniture...
Read moreKUALA LUMPUR: Mah Sing Group Bhd has moved a step closer in its plan to develop an integrated township in Beranang, Selangor, with an estimated gross development value of RM3.3bil, following the fulfilment of the conditions precedent of the land sale and purchase agreements (SPAs). In a filing with Bursa Malaysia yesterday, the property developer said the...
Read moreKUALA LUMPUR: Tropicana Corporation Bhd says that it is well-positioned for sustainable expansion in the upcoming years thanks to its strong landbank, which spans 1,842 acres and has a potential gross development value of over RM120 billion. In fiscal year 2023 (FY2023), Tropicana achieved a record-breaking revenue of RM1.51 billion, marking the highest figure in...
Read morePETALING JAYA: The real estate and infrastructure arm of Johor Corporation (JCorp), JLand Group Sdn Bhd has inked a memorandum of understanding with biotechnology powerhouse ALPS Global Holding Bhd (ALPS) to develop a biotechnology hub at Ibrahim Technopolis (IBTEC) in Sedenak, Johor. In a joint statement, both companies said the impending development of the biotechnology...
Read moreKUALA LUMPUR – Iskandar Waterfront City Berhad (IWCITY), a prominent real estate developer, is proud to announce its strategic master development plan for the next 10 years. With a landbank of approximately 1,000 acres holding freehold status, IWCITY is poised for significant growth and development. The company’s development pipeline includes the phased development of 146 acres, with a total Gross Development Value...
Read moreGEORGE TOWN: Penang has invited experienced companies to co-develop an industrial park in Batu Kawan, which was previously mired in controversy, through an open tender. Chief minister Chow Kon Yeow said the Batu Kawan Industrial Park Phase 2 (BKIP 2) project will now be jointly developed by the Penang Development Corporation (PDC) and the private...
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