‘Nusajaya’ Category

  1. UEM Sunrise to unveil Melia Residences this weekend


    May 4, 2016 by iskandarinsider

    UEM Sunrise Signature Selection

    KUALA LUMPUR (April 22): UEM Sunrise Bhd will launch Melia Residences, the first freehold landed strata residential development in Gerbang Nusajaya, Iskandar Malaysia, this Saturday with selling prices from RM596,000 to RM1.5 million.

    The company’s chief operating officer (commercial) Raymond Cheah said phase one of Melia Residences comprises 125 units of 2-storey terraced houses with built-up sizes ranging from 2,006 sq ft to 2,594 sq ft.

    “Currently, there are 901 interested buyers who have registered with us. I am confident all the units in the first phase will be sold before we launch the second phase in June,” he told reporters during the press conference of UEM Sunrise’s marketing campaign “Signature Selection – Rendezvous in France 2016”.

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  2. Iskandar Puteri aims to be business services outsourcing hub


    May 3, 2016 by iskandarinsider

    Zulfiqar i2M

    AS A greenfield development, Iskandar Puteri in Johor, formerly known as Nusajaya, has gone through two growth phases — infrastructure and property development. The question now is what industry should be promoted to turn it into an economically vibrant city?

    The answer lies in its master plan and geographical location.

    Iskandar Puteri has never been planned to attract the agriculture or manufacturing industries. Its proximity to Singapore and lower cost base makes it a prime location for the global business services (GBS) outsourcing industry.

    Realising that the region offers tremendous opportunities for companies to benefit from the Singapore market while having a Malaysian cost structure, Khazanah Nasional Bhd set up i2M Ventures Sdn Bhd to promote Iskandar Puteri as a GBS hub.

    “i2m Ventures started in August 2013, but it came out of what was called the business services unit in the investment division of Khazanah,” i2M Ventures’ managing director Zulfiqar Zainuddin tells The Edge in a recent interview in Medini.

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  3. Iskandar Malaysia to have at least 25 hospitals


    April 12, 2016 by iskandarinsider


    NUSAJAYA: More foreigners, especially from Singapore, are expected to come to Iskandar Malaysia to seek medical treatment with the setting-up of at least 25 hospitals, including private specialists centres by 2016.

    One of the health industry members involved – IHH Healthcare Bhd – has invested over RM400mil for the first phase of its Gleneagles Medini Hospital here.

    Its CEO and managing director Dr Tan See Leng said that the 300-bed hospital, which is set to open its doors to the public by June next year, would have an initial capacity of 148 beds

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  4. Iskandar investment boom continues despite OVERSUPPLY risks


    July 31, 2014 by Melvin

    iskandar 1

    NEW investments in Iskandar Malaysia more than doubled in the second quarter compared with the first three months of the year as the zone’s boom continues to roar along.

    The region recorded RM9.72 billion (S$3.8 billion) in new investment in the three months to June 30, bringing the year’s total so far to RM14.56 billion.

    That half-year total is on track to equal or surpass last year’s investment figure of RM25.33 billion.

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  5. Iskandar: Too many homes, too soon?


    July 11, 2014 by Melvin

    iskandar 1

    Recent news about mega developments in Johor’s Iskandar region has investors asking: Will there be an oversupply of homes? Perhaps. But no one knows for sure because no good data exists.

    It has been touted as an affordable real estate investment destination in an up-and-coming market, an attractive alternative to Singapore’s pricey housing scene.

    But property buyers in Iskandar are now facing two big investor problems: a potential oversupply of homes and an inadequate supply of property data.

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  6. Khazanah units in JV to develop ‘smart city’


    July 2, 2014 by Melvin


    Telekom Malaysia Bhd (TM) has entered into a deal with UEM Sunrise Bhd and Iskandar Investment Bhd (IIB) to form a joint venture (JV) company that will offer and operate smart services in Nusajaya, Johor.

    TM will hold a controlling stake of 51% in the JV at a cost of RM31 million.

    Khazanah Nasional Bhd is the major shareholder of UEM Sunrise via its wholly owned subsidiary, UEM Group Bhd, as well as being the major shareholder of TM and IIB, and Khazanah is deemed to be interested in the proposed JV.

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  7. UEM Sunrise, KLK team up for RM20b project in Iskandar


    February 8, 2014 by Melvin

    iskandar 1

    KUALA LUMPUR: UEM Sunrise Bhd and Kuala Lumpur Kepong Bhd (KLK) are pooling their resources to develop 1,215ha of each other’s landbank in Johor’s Iskandar Malaysia with a total gross development value (GDV) of RM20bil.

    This marks plantation giant KLK’s maiden foray as a property developer in Iskandar Malaysia, but it is the second such project for the company’s chief executive officer, Tan Sri Lee Oi Hian.

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  8. 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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  9. 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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  10. Iskandar Malaysia comes of age


    December 12, 2013 by iskandarinsider


    LIKE most Malaysians, I must admit that I tend to take things with a grain of salt and need a lot of convincing before I can commit to something.

    When I first heard about Iskandar Malaysia back in 2006, there was a fair bit of scepticism. Many of my friends also wondered: “Where and what is Iskandar Malaysia?”

    For the next few years, many Johoreans, especially Johor Baru residents, were unsure about what Iskandar Malaysia was, let alone what to make of the ambitious master plan.

    Many did not understand that southern Johor would be transformed permanently into a future regional growth region, rivaling the many international cities around the world.

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