July, 2016

  1. More theme parks planned for Iskandar Malaysia

    0

    July 26, 2016 by iskandarinsider

    Tee Siew Kiong

    JOHOR BAHRU: Iskandar Malaysia is set to become a regional theme park hub with more theme parks expected to be set up in the country’s first economic corridor.

    State Tourism, Trade and Consumerism committee chairman Datuk Tee Siew Kiong said the growth corridor would have eight theme parks within the next three to five years.

    “Talks are going on between the authorities and theme park operators from other countries planning to set up their theme parks in Iskandar Malaysia,’’ he told StarBiz on Saturday.

    Click to Read Full Article ->


  2. Know the transaction costs and taxes when buying property overseas

    0

    July 21, 2016 by iskandarinsider

    PropertytransactioncostsinMalaysia

    PROPERTY transaction costs and taxation are becoming increasingly important considerations for investors. Global consultancy Knight Frank in its recently launched Global Tax Report developed jointly with Ernst & Young revealed that indicative property tax costs can range from as low as 3.5% or 3.6% of the property price in Monaco and Dubai, respectively, to over 30% in Sao Paulo.

    To make comparisons of property taxes and costs in various countries, the analysts assumed that a non-resident investor has a sum of money (US$1 million or US$10 million) to invest in property overseas. The purchase, holding and disposal costs of owning a property over five years were then calculated.

    The report analysed the costs that a foreign individual would have to bear when buying a US$1 million or US$10 million property as an investment, and renting it out over a five-year period.

    Click to Read Full Article ->


  3. Korea’s Amorepacific to invest RM691m in Iskandar Puteri

    0

    July 11, 2016 by iskandarinsider

    UEM Sunrise Korea

    KUALA LUMPUR: South Korea’s cosmetic firm Amorepacific Corporation plans to invest about US$170mil or RM691mil in Malaysia by setting up an integrated centre for research and development and manufacturing in Iskandar Puteri, Johor.

    UEM Sunrise Bhd said on Wednesday its unit UEM Land Bhd had signed a sale and purchase agreement with Amorepacific for the sale of the 25.37-acre land within Southern Industrial and Logistics Clusters (SiLC) in Iskandar Puteri.

    Click to Read Full Article ->


  4. Plans to set up medical hub

    0

    July 4, 2016 by iskandarinsider

    mets_2106_3jbntalent_sd_1

    JOHOR BAHRU: The government hopes to stop the outflow of doctors from the country by creating ample job opportunities in Iskandar Malaysia via a proposed medical hub.

    State Health and Environment committee chairman Datuk Ayob Rahmat said that according to reports, a large number of Malaysian doctors were now practicing in Singapore.

    “But now we are looking at the possibility of creating a medical hub in Iskandar and looking at creating a niche in at least five to six fields.

    “Among some of the niche areas include being a hub for cancer, cardiology, urology, women and child healthcare centre,” he said after launching an Islamic digital radio at Hospital Sultan Ismail here on Sunday.

    Click to Read Full Article ->


  5. 10 key facts why Gerbang Nusajaya will be the game changer for the next phase of Iskandar Puteri

    0

    July 1, 2016 by iskandarinsider

    Nusajaya-Tech-Park-2

    With the iconic High Speed Rail’s location in Iskandar Puteri expected to be announced by both the Singaporean and Malaysian Prime Ministers in July this year, Gerbang Nusajaya is fast taking shape with a 25-year master plan that will complement Singapore’s very own Jurong Lake District.

    Google “Iskandar Malaysia” and you will find that out of ten stories, seven of them will most likely be adverse news reporting on the special economic zone.

    A combination of the ongoing 1MDB investigation in Singapore and the oversupply issue have resulted in a perfect storm brewing that had somewhat resulted in the rather lukewarm property market that Iskandar Malaysia is currently experiencing.

    Click to Read Full Article ->


Email partner@iskandarinsider.com w/ Your Name, Mobile Number & Project Name that you interested in. We will forward it to our associates to serve you.

Search This Site