August, 2016

  1. On cloud nine


    August 23, 2016 by iskandarinsider



    LOCATED in the heart of Johor Bahru town, under the Iskandar Malaysia flagship (Zone A) earmarked as an upcoming CBD area, is Setia Sky 88. Noted as the most elevated residential development in Johor, the project under S P Setia consists of freehold luxury serviced apartments build to reflect “Life in the Clouds”.

    Setia Sky 88 comes with a GDV of RM800 million. The project is said to incorporate one of the tallest residential and iconic buildings in Iskandar, consisting of 55 levels. There are three residential towers in its design – Altus, Sora and Nube. They offer 838 residential units that come with a wide range of exquisite and exclusive facilities and amenities.

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  2. Avoid Malaysian property, especially Iskandar


    August 15, 2016 by iskandarinsider


    Singapore and Malaysia signed a Memorandum of Understanding on July 19 to build the High Speed Rail (HSR) linking Singapore and Kuala Lumpur, a long-awaited update on the project that also revealed a more reasonable completion target of 2026.

    In my most recent book, Weathering a Property Downturn, I had hazarded a guess that the earliest date for the HSR to begin operations would be the year 2025. Inter-city and international railway projects are never simple and deadlines get postponed all the time. Acquiring land across four Malaysian states, resettling affected families and businesses and, most importantly, the raising of funds for the entire project, will require a few more years, especially if local issues and politics disrupt the timeline.

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  3. Tough times for real estate sector


    August 11, 2016 by iskandarinsider


    KUALA LUMPUR: Certain real estate segments, including high-end condominiums, in key areas in Malaysia may not be in the pink of health now and in the near future, according to Knight Frank Malaysia. The global property consultant, however, said there would be growth despite the cloudy outlook for all market sectors amid weakening in the domestic economy and global uncertainties.

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  4. Mah Sing plans RM5bil Meridin East township in Pasir Gudang


    August 1, 2016 by iskandarinsider

    Meridin EastJOHOR BAHRU: Pasir Gudang will soon see a facelift as developer Mah Sing Group brings its largest township development to Johor on a 531.3 ha land in the eastern zone of Iskandar Malaysia.

    Meridin East, the group’s latest integrated mixed development with an estimated gross development value of RM5bil, is focused in Kong Kong, Pasir Gudang, which falls under Flagship Zone D of Iskandar.

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