‘Temasek Holdings’ Category

  1. Country Garden, KPRJ plan massive reclamation development for luxury homes

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    March 19, 2014 by Melvin

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    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.

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  2. Chinese firm Greenland Group to invest RM3b in Danga Bay

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    March 3, 2014 by iskandarinsider

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    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.

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  3. Iskandar Offers The Best For Singapore, Malaysia

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    December 23, 2013 by Melvin

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    RISING from a former palm plantation, the towering Astaka complex will cast its shadow across the Malaysia-Singapore border by 2017, a symbol for an ambitious development zone linking the two former rival’s econo-mies.

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  4. 74 percent of foreign buyers of UEM’s Iskandar project are Singaporean

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    September 23, 2013 by iskandarinsider

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    SINGAPORE – Singaporeans are streets ahead of any other group of foreigners snapping up property developed by UEM Sunrise at Iskandar Malaysia.

    They accounted for 74 per cent of purchases made at the various developments by non-Malaysians.

    Most Singaporean buyers are people who go to Johor frequently for business and those wanting a weekend home, said UEM Sunrise chief executive Wan Abdullah Wan Ibrahim on Thursday.

    “They buy more of the upmarket products, as foreigners can only buy units that are above RM500,000 (S$195,000), and they have been buying both landed homes and strata developments,” he added at a progress update of the Iskandar projects.

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  5. Iskandar Malaysia most popular overseas option for Singaporeans

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    August 29, 2013 by iskandarinsider

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    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.

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  6. Escape to Iskandar

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    June 27, 2013 by iskandarinsider2

    Audrey Beh of Singapore was preparing for her wedding when she came to a realization: She had to leave the country.

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    UEM Land
    Malaysian Getaway: East Ledang residences in Iskandar, Malaysia include amenities such as a spa and infinity pool, as shown in this rendering.

    Ms. Beh and her future husband had been searching for a new home to share once they were married, and quickly grew frustrated with the local real-estate market—among the priciest in Asia. “We looked for about eight months, but house prices in Singapore are too high,” the financial consultant said.

    The solution was to join an increasing number of Singapore-based professionals snapping up significantly larger and less expensive properties across the border, in the southern Malaysian state of Johor, where rapid industrialization fueled by government and foreign investment has been taking place.

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  7. Afiniti Residences well received

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    June 7, 2013 by iskandarinsider

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    OVERWHELMING RESPONSE: The buyers of the units will be determined through balloting tomorrow at Traders Hotel

    JOHOR BARU: AFINITI Residences Sdn Bhd (ARSB) has received 1,570 applications for its Afiniti Residences project in Medini Iskandar Malaysia in Nusajaya here.

    The company said 60 per cent of those who have registered are from Malaysia while the rest are from overseas, with the majority coming from Singapore.

    ARSB is a a wholly-owned subsidiary of Pulau Indah Ventures (PIV), which in turn is a 50:50 joint venture between Khazanah Nasional Bhd and Temasek Holdings of Singapore.

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  8. CapitaLand, Temasek and Iskandar to build $3.2b township in Danga Bay, Johor

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    February 25, 2013 by iskandarinsider

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    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.

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  9. Iskandar Waterfront, CapitaLand ink RM8.1b deal

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    February 24, 2013 by iskandarinsider

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    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.

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  10. Unprecedented Malaysia Singapore ties

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    February 22, 2013 by iskandarinsider

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    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.

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