Melabur
Property demand in Johor Baru improves in H2
03 December 2009, By The Star
The property market here, like in other parts of the country, is regaining momentum after experiencing a slowdown almost a year ago following the global economic recession.
According to Dynasty View Sdn Bhd general manager Wong Kuen Kong, demand for residential property in Johor Baru has improved in the second half year and “with the signs of a global economic recovery, we can expect a better year ahead.”
Wong was speaking to StarBiz at the launch of 58 double-storey Deanna III terrace houses at Taman Seri Austin near here by the Johor Baru City Council corporate and public relations director Abd Rahman Abdullah.
Johor property shows signs of recovery
05 November 2009, By The Star
JOHOR BARU: Property developers in Johor can look forward to better days ahead after almost a year of slow sales due to to the economic recession, as the sector is beginning to see early signs of recovery in the state, said Real Estate and Housing Developers Association (Rehda) Johor branch chairman Lee Kim Chai.
“Our members reported slightly better sales in the second and the third quarters of the year and expect the momentum to continue until this last quarter,” he told StarBiz recently.
“Iskandar Malaysia, which is already in its third year, will be the main driving factor that will help push up demand for properties in south Johor,” he said.
United Malayan Land, Tradewinds majukan Pulai Jaya
21 October 2009, By Berita Harian
Projek usaha sama antara United Malayan Land Bhd dengan Tradewinds Johor Sdn Bhd di Bandar Pulai Jaya, Johor, dijangka menyumbang nilai pembangunan kasar sebanyak RM718 juta.
Dijadualkan siap dalam tempoh lima tahun, pembangunan yang dicadangkan itu juga akan melengkapkan dan meningkatkan sumbangan perbandaran dan pembangunan khusus yang sedia ada.
“Usaha kerajaan menjadikan Iskandar Malaysia sebagai hab pelaburan ideal di wilayah selatan, menawarkan peluang besar pertumbuhan dan perluasan,”kata Ketua Eksekutif United Malayan Land, Pee Tong Lim menerusi satu kenyataan baru-baru ini.
Danga Bay Marina Focus Of The World
20 October 2009, By BERNAMA
JOHOR BAHARU, Oct 19 (Bernama)-- Nearly 80 yachts and sailboats from 16 countries are gathered at the RM65 million Marina at the Danga bay here for the "Discover Malaysia by Sea" programme.
The three-day programme, which starts from Oct 30 and is aimed at promoting Malaysia to the boating and sailing community, will see participation from as far Antigua and Vanuatu to Canada and the United Kingdom.
Australia is the biggest participant with 29 boats followed by the United Kingdom with 11.
State Executive Councillor for Tourism and Domestic Trade Hoo Seong Chang when launching he event here today said Danga Bay Marina was ideal stopover for sailing enthusiasts from all over the world.
Iskandar Investment launches Medini North
19 October 2009, By property-report.com
Iskandar Investment Berhad, developer for Iskandar Malaysia showcased its new lifestyle retail mall, Medini North at The International Council of Shopping Centers Asia Expo (ICSC Expo) at Suntec City, Singapore from 14-16 October.
MIEA Convention on Iskandar Malaysia
16 October 2009, By MIEA
The Malaysian Institute of Estate Agents (MIEA) is organizing a convention on “Iskandar Malaysia – The Rise of a New Metropolis” to be held at Puteri Pacific Hotel, Johor Baru, from Oct 31 to Nov 1.
MIEA President Julie Wong said the event’s highlights will be speeches by key players in Iskandar Malaysia on the progress updates as well as current and future plans for Zone A to E in the growth corridor.
The convention aims to work with both the federal and Johor state government to promote Iskandar Malaysia as a sustainable metropolis with international appeal.
Chief Minister Datuk Abdul Ghani Othman will be the guest of honor.
MIEA expects 300 participants from Malaysia and Singapore.
Road transport the focus at Iskandar
14 October 2009, By Sim Bak Heng, New Straits Times
THE Iskandar Regional Development Authority (Irda) is focusing on road transport development, especially bus services, which forms part of the 32 development blueprints of the southern growth corridor.
Its chief executive officer Harun Johari said road transport was an important component of the integrated public transport master plan which covered air, rail and sea transport.
He said the bus service master plan would be ready by the end of the year.
"We will have buses of international standing as well as more bus routes and services.
"This is to live up to the expectation of a metropolis.
"Currently, our bus service is not quite adequate and this is one area we are focusing on."
UM Land gets nod for land acquisition
02 October 2009, By EUGENE MAHALINGAM, The Star
KUALA LUMPUR: Shareholders of United Malayan Land Bhd (UM Land), at its EGM, have approved the purchase of 629.25 acres in Bandar Pulai Jaya, Johor, for RM233mil cash.
As per earlier reports, the company said in a statement yesterday that the land would be for a proposed mixed development.
It will comprise industrial and technology parks, commercial, logistics and transportation hubs as well as supporting residential components.
Shareholders also approved UM Land’s proposal to jointly develop the land with Tradewinds Johor Sdn Bhd (via a 51:41 joint-venture company, Extreme Consolidated Sdn Bhd, held by UM Land and Tradewinds respectively).
UMLand andTradewinds Johor team up
02 October 2009, By Business Times
PROPERTY developer United Malayan Land Bhd (UMLand) (4561)has teamed up with Tradewinds Johor Sdn Bhd to jointly develop a RM718 million mix-used development in Bandar Pulai Jaya, Johor.
Under the deal, UMLand will hold a 51 per cent stake in the joint-venture company called Extreme Consolidated Sdn Bhd, while Tradewinds Johor will take the rest.
UMLand yesterday received shareholders' nod to buy the 254.5ha land for RM233 million cash.
The proposed mix development will feature industrial and technology parks, commercial, logistics and transportation hubs and supporting residential components. It is estimated to take five years to complete.
This planned development is expected to generate profits of about RM262 million over a period of five years.
UM Land Joint Venture With Tradewinds To Yield RM718 Million In GDV
02 October 2009, By BERNAMA
KUALA LUMPUR, Oct 1 (Bernama) -- United Malayan Land Bhd's joint venture project with Tradewinds Johor Sdn Bhd in Bandar Pulai Jaya, Johore, is expected to yield a gross development value of RM718 million.
To be completed in five years, the proposed development will also complement and enhance contributions from existing townships and niche developments.
" The government's efforts to propel Iskandar Malaysia as the ideal investment hub in the southern region offers vast opportunities for growth and expansion," United Malayan Land's Chief Executive Officer Pee Tong Lim was quoted as saying in a statement on Thursday.
