February, 2013

  1. Axis-AME JV to develop 230-acre industrial city in Iskandar zone

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    February 27, 2013 by Melvin

    Axis

    PETALING JAYA: Axis Group and Johor-based AME Group will together invest RM600 million to develop a 230-acre (93.08ha) industrial city in the flagship Zone E of Iskandar Malaysia in Johor.

    The development which was officially launched yesterday will be under the brands – “i-PARK” and “SME CITY”.

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  2. Axis-AME JV to develop 230-acre industrial city in Iskandar zone

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    February 27, 2013 by iskandarinsider

    axis

    PETALING JAYA: Axis Group and Johor-based AME Group will together invest RM600 million to develop a 230-acre (93.08ha) industrial city in the flagship Zone E of Iskandar Malaysia in Johor.

    The development which was officially launched yesterday will be under the brands – “i-PARK” and “SME CITY”.

    The project is a 50-50 joint venture (JV) between Axis and AME Group’s AME Construction Sdn Bhd.

    The i-PARK brand will house multinationals while the SME CITY is being developed keeping in mind the small and medium enterprises.

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  3. CapitaLand, Temasek and Iskandar to build $3.2b township in Danga Bay, Johor

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    February 25, 2013 by iskandarinsider

    capitaland

    A DEAL to develop a $3.2 billion waterfront township in Johor was sealed yesterday in yet another major Singapore-Malaysia investment in the Iskandar region.

    The joint venture along Johor’s southern coast is between CapitaLand Malaysia, a subsidiary of Singapore’s listed company CapitaLand, and Temasek Holdings on one side and Malaysia’s Iskandar Waterfront Holdings on the other.

    To be built on a man-made island on Danga Bay, the residential community will occupy 28.9ha on a plot about one-third the size of Gardens by the Bay.

    It will be built in phases over 10 to 12 years and will have high-rise and landed homes, as well as a marina, shopping mall, restaurants, serviced residences, offices and recreational facilities.

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  4. Iskandar Waterfront, CapitaLand ink RM8.1b deal

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    February 24, 2013 by iskandarinsider

    waterfront

    JOHOR BARU: Iskandar Waterfront Sdn Bhd (IWSB), CapitaLand Malaysia Pte Ltd and Singapore’s state investment arm Temasek signed a “Heads of Agreement” today to jointly acquire and develop parcels of land in Danga Bay here for a planned RM8.1 billion mixed integrated development.

    The deal is considered the biggest entry into Johor’s Iskandar Malaysia by Singaporean investors.

    Today’s signing ceremony, held at the Danga Bay Convention Centre here, was witnessed by Prime Minister Datuk Seri Najib Razak and his Singapore counterpart Lee Hsien Loong.

    Also present was Johor Menteri Besar Datuk Abdul Ghani Othman and Temasek chief executive officer Ho Ching.

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  5. Unprecedented Malaysia Singapore ties

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    February 22, 2013 by iskandarinsider

    my&sg

    JOHOR BARU: Relations between Malaysia and Singapore entered a dynamic phase as investments from the island republic poured into property development projects in Iskandar Malaysia and the prime ministers of both countries agreed to a long-awaited high-speed rail link connecting Kuala Lumpur and Singapore.

    Yesterday, Prime Minister Datuk Seri Najib Razak and his Singapore counterpart Lee Hsien Loong jointly launched two integrated wellness projects in Medini, Iskandar Malaysia, an event further cementing Singapore’s commitment to Iskandar Malaysia.

    Earlier yesterday in Singapore, both prime ministers witnessed the unveiling of the design of the Marina One project which is developed by M+S Pte Ltd, a 60:40 joint venture between Khazanah Nasional Bhd and Temasek Holdings Pte Ltd.

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  6. PM Lee, PM Najib launch three projects in Iskandar Malaysia

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    February 21, 2013 by iskandarinsider

    sg&my 2

    JOHOR BAHRU: The Prime Ministers of Singapore and Malaysia launched two wellness projects in Medini at Iskandar Malaysia and a mixed development project at Danga Bay in Johor Bahru on Tuesday.

    Fresh from the launch of joint development projects in Singapore, Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak travelled to neighbouring Johor Bahru where the two wellness developments were unveiled.

    Afiniti Medini, an urban wellness project, is aimed at becoming a regional destination for families, tourists and professionals. It features a wellness centre, service apartments, a corporate training centre and retail space. Afinity Medini is expected to be completed by the end of 2015.

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  7. CapitaLand to develop township in Malaysia’s Iskandar

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    February 19, 2013 by Melvin

    i 3

    CapitaLand Ltd, Southeast Asia’s biggest developer, said on Tuesday it will lead a joint venture to develop a township in Malaysia’s Iskandar region that will be worth around S$3.2 billion ($2.58 billion).

    The development at Danga Bay will comprise high rise and landed homes together with a central waterfront hub with a marina, shopping mall, restaurants, serviced residences, offices and recreational facilities.

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  8. Prime Semi-D Factory For Sale @ SiLC Nusajaya

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    February 2, 2013 by iskandarinsider

    ipark

    The hot selling Southern Industrial and Logistics Clusters(SiLC) are attracting huge attentions from overseas companies looking to set up factories or shops at the first of its kind world-class Gated/Guarded and Managed industrial park in Nusajaya.

    The 1,300 acres industrial park is located to the North-West of the Nusajaya near Setia Eco Gardens and Gelang Patah. SiLC Nusajaya is directly accessible from the Malaysia-Singapore Second Link, Pasir Gudang Highway and North-South Highway.

    Tiong Nam Industrial Park – SiLC6 @ SiLC, Nusajaya:
    Unit: 2-Storey Semi-D Factory (Freehold)
    Total: 60 units
    Lot Size: 7,860 sqft(60×131-smallest) to 12,445 sqft(95×131-biggest)
    Build-Up: 6,480 sqft(40×81, 2-storey) to 10,530 sqft(65×81, 2-storey)
    Price: From RM2,268,000

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  9. Investors make a beeline for Iskandar’s Medini

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    February 1, 2013 by iskandarinsider

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    Global Capital and Development Sdn Bhd (GCD), one of the development managers for the multi-billion ringgit Medini Iskandar Malaysia project in Johor, is poised to announce a substantial investment for the first phase of Medini’s Media Village.

    GCD chief executive officer Keith Martin said the impending investment will represent a built-up development value in the region of RM1.5 billion over the next three to five years.

    In an e-mail interview with the Business Times recently, he said GCD is seeing more investors coming in offering to buy segments of Medini within its three development zones, namely Medini Business, Medini Living and Medini Lifestyle, totalling 658ha.

    The 142ha Medini Business zone will be the site for Media@Medini media village, business parks and mixed commercial buildings, he said.

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