October, 2012

  1. Sapphire 8 – Bandar Seri Alam – New Launch

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    October 30, 2012 by iskandarinsider

    Sapphire 8 at Bandar Seri Alam developed by UM Land. “City of Knowledge” featuring 4 universities, 2 colleges and 2 international schools.
    Sapphire 8 - Bandar Seri Alam
    Exclusive Garden Homes:
    – 2 Storey Terrace House (22×70, Built Up 1,897 sqft)
    – 3 Storey Terrace House (22×70, Built Up 2,657 sqft)
    – 2 Storey Semi Detached House (34×70/80, Built Up 2,659 sqft)
    – Price From RM530,800, Expected Completion Jan. 2015.

    Click to Read Full Article ->


  2. One Temenggong – Open For Registration (Early Bird Specials)

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    October 30, 2012 by iskandarinsider

    Early Bird Specials include:One Temenggong - Open For Registration
    – Early bird discount
    – Free legal fee and stamp duty

    Main Features:
    – Freehold
    – Superb Location
    – Excellent Connectivity
    – Sanctuary Living In The City

    One Temenggong is set to be a fascinating residential address. The iconic 41-storey serviced apartment project is strategically located within Johor Bahru Central, earmarked as one of the fastest growth areas within Iskandar Malaysia.

    Click to Read Full Article ->


  3. Expatriates snap up homes in Johos’s Nusajaya area

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    October 29, 2012 by iskandarinsider

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    SOME expatriates working in Singapore have moved to live in Johor’s Nusajaya area, attracted by lower prices of homes and the extra space there.

    They have bought houses to live in and commute to work in Singapore. Many plan to continue working in Singapore for the long haul, but say they moved because their housing allowances were reduced or cut altogether.
    Click to Read Full Article ->


  4. Iskandar Malaysia a magnet for investment

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    October 27, 2012 by iskandarinsider

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    JOHOR BAHARU, Oct 27 — Prime Minister Datuk Seri Najib Tun Razak nailed it when he described Johor as an “investment catchment area” for its attractiveness in drawing in multi-billion ringgit investments which will bring huge benefits to its people.

    Najib’s (picture) off-the-cuff remark when officiating Johor’s Umno function last month bears testimony to the rapid transformation this southern state has undergone during the last few years.

    Speaking in front of the state’s Umno leaders, he had also hinted that another wave of “huge investments” were imminent to the state, without disclosing specific details on the purported deals.
    Click to Read Full Article ->


  5. Ascendas and UEM inked RM3.7b Nusajaya deal

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    October 25, 2012 by iskandarinsider

    Ascendas & UEM in RM3.7b Nusajaya deal

    Ascendas Land International Pte Ltd, a unit linked to Singapore’s state-controlled JTC Corp, has inked a landmark deal to help build an integrated technology park over 210 hectares in Gerbang Nusajaya, Johor.

    Companies have been making a beeline for Iskandar Malaysia is recent months, citing the zone’s key attractions such as labour and electricity costs that are half that of Singapore. The projected investment to build the technology park is around RM3.7 billion, with Ascendas holding a 60 per cent stake in the joint venture.

    UEM Land Bhd, which is controlled by Khazanah Nasional Bhd, will hold the balance 40 per cent.

    Iskandar Malaysia’s integrated eco-friendly technology park in Nusajaya, which is scheduled to be ready by 2022, will help create some 34,000 job vacancies.

    Click to Read Full Article ->


  6. Malaysia believes in Johor tourism boost

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    October 24, 2012 by iskandarinsider

    The bridge linking Johor and Singapore.

    KUALA LUMPUR: By continuing to promote the southern state of Johor as a prime tourist destination, including the recent launch of the Legoland theme park, Malaysia believes that the area can be the top tourist destination for the country.

    The new “Iskandar Malaysia” tourism campaign aimed at families for Johor is likely to see a rise in the number of visitors to the area, Director of Johor’s Tourism Departmenet Zanal Misran said.

    “Iskandar Malaysia is equipped with infrastructure and facilities that enable the state’s tourism industry to comprehensively provide family tourism, edu-tourism and health tourism within a single location,” he continued.

    “Johor tourism has (in the past) been very much dependent on coastal and island tourism, eco-tourism as well as its culture and heritage. We now have Iskandar Malaysia transforming the tourism industry in Johor with its family entertainment concept and high value products,” he added.

    Click to Read Full Article ->


  7. Cheap as China and closer: Malaysia zone woos Singapore firms

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    October 23, 2012 by iskandarinsider

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    SINGAPORE, Oct 22 — When Tastyfood Industries decided to boost production to meet demand in Africa and the Middle East, the maker of Mr Cafe instant coffee and Vitamax cereal did not expand its Singapore factory or another one it owns in Xiamen, China.

    Instead, it plans to close its Singapore plant next year and move up the road to Malaysia’s Iskandar economic zone, where it will set up a factory three times the size on low-cost freehold land and hire willing workers as cheaply as it can in China.
    Click to Read Full Article ->


  8. Mah Sing’s RM1.1b project in Medini to launch by mid-2013

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    October 21, 2012 by iskandarinsider

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    Mah Sing Group Bhd’s RM1.1 billion mixed-development project in Medini, Iskandar Malaysia, is set for launch in the second half of 2013. The launch will be preceded by the signing of a lease purchase agreement with Iskandar Investment Bhd.

    The project, dubbed The Meridin@Medini, will comprise the Meridin Suites residences, Meridin Linx small office versatile offices, Meridin Walk lifestyle retail mall and Meridin Exchange corporate towers.

    The Meridin@Medini project also marks Mah Sing’s 40th project. With the signing, the company’s total gross development value and unbilled sales stand at about RM18.8 billion with an earnings visibility of eight years.

    Click to Read Full Article ->


  9. IIB turns cautious

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    October 20, 2012 by iskandarinsider

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    KUALA LUMPUR: Iskandar Investment Bhd (IIB), a major player in the development of Nusajaya in Iskandar Malaysia, will restrict the release of land for new projects for now to avoid a potential oversupply of properties.

    IIB president and CEO Datuk Syed Mohamed Syed Ibrahim said he believes the planned property projects in Iskandar Malaysia have already reached a critical mass.
    Click to Read Full Article ->


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