March 19, 2014 by Melvin
PETALING JAYA: China’s Country Garden Holdings Co Ltd and Kumpulan Prasarana Rakyat Johor (KPRJ) have drawn out plans for a massive reclamation project to build luxury homes near Pendas in southern Johor near Singapore, according to sources.
March 3, 2014 by iskandarinsider
GROWTH: Greenland Group to invest in an integrated real estate development
JOHOR BARU: ONE of China’s biggest state-owned companies, the Greenland Group is planning to invest RM3 billion in an integrated real estate development project in Danga Bay.
Its chairman Zhang Yuliang recently led a six-member delegation from its headquarters in Shanghai to finalise a major land deal with Iskandar Waterfront Holdings Sdn Bhd (IWH) for the landmark development.
Greenland, which was ranked 359 in the Fortune Global 500 company survey last year, is said to be keen to acquire around 60ha of land in the area.
Category CapitalLand, China, Danga Bay, Iskandar Property, iskandar waterfront, Johor Bahru, Singapore, Temasek Holdings | Tags: azea properties, brunsfield group, capitaland, centurian properties, country garden, dalian, danga bay, greenland, hao yuan, iskandar waterfront, iwh, nam cheong, skyfront, temasek, tune hotel, wuhan
August 29, 2013 by iskandarinsider
As affordability in Singapore plummets, residents are looking overseas for investment options. Iskandar Malaysia continues to be the most popular option for buyers, with 59 per cent of respondents surveyed by iProperty Group claiming they have considered investing in the region. Of these, 76 per cent view real estate in Iskandar Malaysia as investment property, the Asia Property Market Sentiment report revealed.
July 2, 2013 by iskandarinsider2
TOURIST guides in Johor have been playing the role of ambassadors in promoting hot property within the Iskandar Malaysia flagship zones to foreigners, especially Singaporeans.
Moving away from traditional educational, heritage and sightseeing tours, a handful of tourist guides have been conducting tours initiated by top bankers, investment partners and property developers from Singapore to market Iskandar Malaysia property.
These tourist guides are much sought after as they are well informed on the country’s economy and the potential of Iskandar Malaysia.
They have played an important role in the many sales missions conducted over the last few months by Singapore bankers, investment partners and big developers such as CapitaLand Ltd, Far East Organization, UOB Group Ltd and OCBC, to name a few.
February 25, 2013 by iskandarinsider
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.
February 24, 2013 by iskandarinsider
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.
Category CapitalLand, Danga Bay, Iskandar Property, iskandar waterfront, Johor Bahru, Nusajaya, Singapore, Temasek Holdings | Tags: brunsfield group, country garden, dijaya, gelang patah, iskandar malaysia, iwsb, temasek, walker corp
February 22, 2013 by iskandarinsider
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.
Category CapitalLand, Danga Bay, Iskandar Property, Khazanah, Medini, Temasek Holdings, Uncategorized | Tags: afiniti medini, ascott ltd, Avira, danga bay, integrated waterfront, medini, medini north, parkway pantai, pulau indah ventures, urban wellness centre
February 19, 2013 by Melvin
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.