Category: Iskandar / JB Property
-
High Speed Rail Terminus – Announcement soon.
The surprising thing about this is that not a lot of medias reported on this. Perhaps they just wanted the actual news and not the anticipation. Or they think Iskandar news are no longer that hot? Whatever the reason may be, it is reported that the Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia (JMCIM) is…
-
Property 2015 ‘slowing further’ – Moody’s.
Last year, REHDA Penang said 2015 would be a slower year where property transactions are concerned. Of course they were referring to their member’s predictions. In fact for primary properties, unless the developers are willing to re-plan and somehow roll out more affordable ones, the demand will continue to be weak. It has reached the…
-
RM2.4bil for ‘underwater’ land? Yeah.
I love joint ventures, especially one which involves a huge piece of land in an area right next to Singapore. I love it even more when that piece of land is said to be worth RM2.4 billion. I am very sure, the people who still say Iskandar is a ‘dying’ potential would now come out…
-
Iskandar? Hold 20 years?
Remember just three years ago, Iskandar as a topic of property investment was hotter than your frying pan? Well lately, every article is about how Iskandar should no longer be a place for you to invest because of a host of issues. Oversupply, oversupply and oversupply. Haha. No joke, if there are articles which does…
-
Forest City scaled down 30%
Remember the controversy surrounding the Forest City project in Iskandar? Many reports said that the whole project may be scaled down 70%. It has been finally revealed that green light has been given for the project to continue BUT it has to be scaled down by at least 30%. From the initial 1,978ha, it is…
-
Forest City size cut by 72%? Says who?
After an earlier report in many newspapers about its total project size being reduced in size from 1600ha down to 450ha by the Department of Environment (DOE), we have a statement from the China developer Country Garden Holdings. Final decision is still pending. They also said that they are very confident because the detailed environmental…
-
UEM-Sunrise, it’s all about work; Johor
Just when you thought Iskandar should be in a hibernation mode with the never ending negative reports from Malaysia and Singapore, well there’s a piece of good news. UEM Sunrise Bhd, the principal developer of Iskandar Malaysia said that it will be busy in 2015 because of Motorsports City in Gerbang Nusajaya and other catalytic…
-
26,000 needed but building 86,000 units? Oops.
An interesting piece of news from a local English daily in Malaysia. According to Iskandar’s Comprehensive Development Plan 2006 – 2025, a total of 26,000 units of serviced apartments are needed for south Johor. How many is being built? Based o the approved ones, 86,000 units. Do not smile, yes that is an excess of…
-
Ringgit down, so buy, buy and buy Iskandar? 🙂
Please allow me to smile a little. I read a report saying that Iskandar properties would be attractive to Singaporeans because the Ringgit is showing a weakening sign versus SGD. To be honest, I am not sure how much the effect would be. To me, Singaporean investors are considered quite a savvy lot. They would…
-
Oversupply concerns? Nah, it’s still ok in Johor property market
Eventhough there are oversupply concerns, the property market in Johor remains positive. This is the comment from Malaysia Institute of Estate Agents (MIEA) Johor State branch chairman Vadeveloo Suppiah. In fact the cooling measures announced in Budget 2014 were effective in Johor and this is shown from the contraction of 1.6% quarter-on-quarter house price index.…