January, 2014

  1. Cooling Measures Affecting Property Market In Iskandar


    January 23, 2014 by iskandarinsider


    JOHOR BAHARU, Jan 22 (Bernama) — The property market in Johor Baharu and Iskandar Malaysia has been negatively affected by the cooling measures introduced by the authorities to address rising property prices, says the Real Estate and Housing Developers’ Association of Malaysia (Rehda).

    Rehda Johor chairman Koh Moo Hing said potential property buyers in the two areas are now adopting a wait-and-see attitude.

    “Feedback from our members (in Rehda Johor) shows that sales are now slowing compared to last year, and we also expect fewer property project launches this year,” he told Bernama here Wednesday.

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  2. Three new nodes for Iskandar will further boost development of region


    January 6, 2014 by Melvin

    JOHOR BAHRU: The Federal Government has agreed to the creation of three more new nodes in Iskandar Malaysia – which now has only one – Medini in Nusajaya.

    Sources told StarBiz, Prime Minister Datuk Seri Najib Tun Razak has approved the creation of the additional nodes, which are expected to be announced this year.

    The three nodes are likely to be located in the Eastern Gate Development Zone, the Western Gate Development Zone and Senai-Kulai growth corridor.
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  3. Johor MB: We will not approve casino project


    January 5, 2014 by Melvin


    NUSAJAYA: Johor is against the setting up of a casino in the state and it will not approve the project, said Mentri Besar Datuk Mohamed Khaled Nordin.

    He said he did not know where and how the news on the casino project, to be located in a sea-fronting hotel in Johor Baru, had surfaced and described the reports as “mischievous”.

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