‘UEM Land’ Category
July 11, 2014 by Melvin
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.
Category Danga Bay, Iskandar Property, Johor Bahru, Nusajaya, Singapore, Tourism, UEM Land | Tags: Almas Suites, country garden, financial centre, Greenland Group, Hao Yuan Investment, irda, KLCC, NusaJaya, R&F Princess Cove, R&F Properties, tourist destination, Zhuoda Real Estate Group
June 19, 2014 by Melvin
Johor’s royal family have emerged as key players in the booming Iskandar property market with major stakes in several developments as well as holdings in related industries.
Some observers have traced their growing involvement to about three years ago – just after Sultan Ibrahim Ismail Sultan Iskandar ascended to the throne in 2010 on the death of his father.
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February 8, 2014 by Melvin
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.
November 4, 2013 by iskandarinsider
Builders step up unveiling of new launches amid rising demand, stiff competition
Now considered one of Malaysia’s hottest real estate spots, Iskandar Malaysia has been pulling in developers looking to cash in on the demand for properties there.
Local developers may have had a headstart, but they are now facing stiff competition from larger builders from Klang Valley and beyond Malaysia.
The rivalry has led to a mushrooming of options for buyers. In the next two to three years, thousands of units are scheduled to be completed, given the number of projects launched in the last year or so amid bullish sentiment and robust sales. For example, Afiniti Medini, a mixed-use residential-commercial development, sold 88 units in just 51/2 hours.
Category 1Medini, Danga Bay, Iskandar Property, iskandar waterfront, Johor Bahru, Mah Sing, Medini, Meridin, Nusajaya, Puteri Harbour, Singapore, UEM Land | Tags: Avira, casa almyra, country garden, danga island, danga utama, imperia, iskandar waterfront, iwh, medini, meridin, NusaJaya, puteri harbour, senibong cove, sunway iskandar, teega, tropicana danga bay, uem sunrise
September 27, 2013 by Melvin
The Strait Times reported that FASTrack Autosports – a joint venture between Singapore tycoon Peter Lim (pic) and the Johor royal family – had decided to upgrade after it found out that the cost was only 10% more than Grade 2.
Its reported cost is just under US$ 100 million (RM 322.5 million) and is part of a US$ 1.4 billion motorsports hub project by FASTrack and UEM Land of Malaysia.
Category Coming Soon, Iskandar Property, Johor Bahru, Nusajaya, Singapore, UEM Land | Tags: FASTrack, Formula 1, Iskandar, joint venture, Motorsports City project, Sepang International Circuit, tax free zone, uem land
September 23, 2013 by iskandarinsider
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.
Category Danga Bay, EduCity, Iskandar Property, Johor Bahru, Khazanah, Legoland, Medini, Nusajaya, Puteri Harbour, Temasek Holdings, UEM Land | Tags: east ledang, imperia, Iskandar, Khazanah, mapletree, marina one, NusaJaya, puteri harbour, sunrise, teega, temasek, uem, wan abdullah
August 15, 2013 by iskandarinsider
JOHOR BARU: Unfazed by the negative remarks from Singapore’s Minister Mentor Lee Kuan Yew recently, Iskandar Malaysia will continue to woo investments from real estate companies worldwide.
According to Johor Real Estate and Housing Developers Association (Rehda) chairman Koh Moo Hing, Lee’s adverse comments on Iskandar Malaysia were inaccurate and did not reflect the real situation at the economic corridor in southern Johor.
Category Iskandar Property, iskandar waterfront, Johor Bahru, Khazanah, Medini, REHDA, Singapore, UEM Land | Tags: ascendas, auto city, capital land, danga bay, iskandar malaysia, khazanah nasional, lee hsien loong, lee kuan yew, medini, najib tun razak, peter lim, putrajaya, singapore, tanjong pagar, temasek holdings, uem land
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.
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.
June 10, 2013 by iskandarinsider
Efforts to transform the Malaysian border zone near Singapore into a bustling commercial corridor appear to be on track after a rocky start.
The zone, known as Iskandar, is emerging as an attractive opportunity that deserves to be on the radar of those considering investment in the new growth centres of Asia.
Iskandar is a 2,216 square kilometre urbanisation project, three times the size of Singapore. Nusajaya, the residential zone at its core, which stares across the water at the Singapore skyline, is just a 45-minute drive from Singapore’s Changi airport. The zone is geared towards a residential metropolis with educational, medical and theme-park infrastructures being used to attract resident migrants from Singapore. Logistics, transport and industrial-related infrastructure is being developed in adjacent zones.
Category China, Danga Bay, IIB, Iskandar Property, Johor Bahru, Johor Premium Outlet (JPO), Khazanah, Legoland, Medini, Nusajaya, Pinewood Studios, Puteri Harbour, SiLC @ Nusajaya, Singapore, UEM Land | Tags: Britain's Marlborough College, coastal highway, NusaJaya
May 29, 2013 by iskandarinsider2
Good news for eligible Malaysia in Johor as 8,000 affordable homes will be built here under the 1Malaysia People’s Housing Scheme (PR1MA) to cater to the high demand from the middle-income group in Johor area. As a start, PR1MA house will be developed in Nusantara Prima.
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