Category: Iskandar / JB Property
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Singapore investors MUST be top in Iskandar, always
Have you ever wondered who is the top investor in Iskandar. Actually, it was never Singapore in the beginning. In fact, Iskandar was thought of as just another potential white elephant then. However, today, Singapore is the top investor in Iskandar. The question, why must Singapore be the top and if Singapore is not the…
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Reclaiming an area 3% of Singapore.
Yes, this is as per what the title says. Country Garden Holdings Co Ltd, with Kumpulan Prasarana Rakyat Johor (PRJ) have planned a development of over 5,000 acres of reclaimed land. This is 3% the size of Singapore today! Remember Country Garden? The developer which launched 9,000 units of condo in one go and announced…
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Buying Iskandar, Sunway, Citrine, RM800psf
Sunway’s latest project is a 728hs township in Iskandar and its first phase will be launched soon. Pricing is estimated to be around RM800 per sq ft. They named it Citrine. Should you be buying since this is the first launch out of a huge integrated development? Are you seriously thinking about Iskandar? Well, Ms…
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SIJORI. Haha. What’s this?
Do you know what is SIJORI? I do not, until I read an article written by Sharon Chen of Bloomberg. SIJORI meant Singapore + Johor + Riau. In one sentence, she said that for Singapore to continue to grow, it will need to rely on both Johor (Iskandar) and Riau (Indonesia). These two places will…
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Reading, Southampton, Newcastle and Iskandar
The first one is pronounced ‘REDING’ as in past tense of read. Southampton and Newcastle are more famous of course as we see them in action every week in the Premier League. What do these three have in common? All three are famous UK universities which has opened their branch campus here in Iskandar. They…
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Testing water with 9,000 units? No Malaysian developers can do that, yet.
In Malaysia, developers ‘test water’ by getting buyers to pre-register their interest. Some more adventurous ones build a nice renovated unit on the site to entice buyers. However, typically, the launch to ‘test water’ would consist of jus the first tower or first block of 200 units? Imagine what happened in Iskandar when Country Garden…
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Casino in Iskandar, rumour yet again….?
Until today, there are still rumours that a casino would be built in Iskandar. This is despite the fact that the Johor MB said ‘negative’. Let me be honest, even if there’s a casino in Iskandar, I would still visit the ones in Singapore first. Maybe because at this point in time, there’s not a…
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When it’s tight, price is high
Nice title yeah. I thought so too. Okay, we know land prices in Batu Kawan, Penang is now RM60 psf instead of the single digit years ago before the Second Bridge was built. We also know that prices in certain prime areas can reach RM88 psf in Shah Alam easily. (Shah Alam Damansara Heights) What about…
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Iskandar Malaysia – medium term prospects concern
Many reports have shown the slowing down of transactions in Iskandar. However, if we look at land transactions, it is continuing and is not showing any slowing down signs thus far. The latest deal was by Greenland Group of China, buying 13.96 acres from Iskandar Waterfront Holdings Sdn Bhd (IWH) at a cost of RM600…
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Buying Iskandar? Points to note about Chinese (China) developers thus far
Many Chinese developers are buying huge tracts of lands or are involved in land reclamation projects. On paper, all these developers are much larger than even Malaysia’s largest developers. For example, Country Garden Holdings co will be building 9,000 units of condominium on a 56 acre land. For a comparison, the total supply of units…