Invest
In depth: Developers’ perspectives
30 January 2012, By Property Report
As the Malaysian property market grows and diversifies, the opportunities for investors are increasing annually with new areas emerging and developers pushing forward with new projects to meet demand.
Emulate Bandar Baru Uda’s success, urges Shahrir
27 January 2012, By The Star
Johor Baru member of parliament Datuk Seri Utama Shahrir Abdul Samad has advised residents of neighbourhoods, especially Malay enclaves, within his constituency to emulate the way Bandar Baru Uda’s (BBU) residents managed theirs into a well-organised and a sought-after property.
“I hope residents of Kampong Dato Onn, Kampong Melayu Majidi, Tebrau-Bakar Batu, and other Malay-majority locations to emulate BBU’s community members.
“Their hard work paid off when they were regarded at the most active zone several times by the Johor Baru City Council,” he said.
DRB-Hicom to start work on RM8b project
27 January 2012, By The Star
DRB-Hicom Bhd plans to develop the main infrastructure and showhouses at its RM8bil Glenmarie Heights project in Johor by mid-2012.
“We have submitted our plans for the development and have segmented the development into five phases, each phase will be between 300 to 500 acres,” DRB-Hicom group managing director Datuk Seri Mohd Khamil Jamil said at a media retreat recently.
“This is a huge piece of land, and my biggest concern is how do I bring content to the development. I want to build homes, and not just houses for people,” he said.
According to Khamil, the area offered tremendous potential, as the surrounding Mount Austin is already well developed, and it is also located within the Economic Zone E Senai- Skudai of Iskandar Malaysia.
Johor's Nusajaya draws up tough security plans
11 January 2012, By The Business Times
NUSAJAYA could arguably be one of the most guarded residential areas in Malaysia going by security plans being put in place.
UEM Land targets record RM3b sales in 2012
11 January 2012, By The Sun
UEM Land Holdings Bhd, the country's biggest property developer by market value, aims for record sales of RM3 billion this year, after exceeding its own sales forecast of RM2 billion last year.
UEM Land expects higher sales of RM3bil
11 January 2012, By The Star
UEM Land Holdings Bhd has raised its sales target to RM3bil worth of properties for 2012 compared with RM2bil that it achieved last year.
“We will be launching RM5.5bil worth of properties throughout Malaysia this year, with a sales target of RM3bil,” managing director and chief executive officer Datuk Wan Abdullah Wan Ibrahim said.
UEM Land had already met its sales target of RM2bil last year.
The company would unveil the actual figure when it announced its financial results for the fourth quarter of 2011, Abdullah said after a signing ceremony to mark the company's collaboration with Medini Security Services Sdn Bhd.
UEM Land sasar RM3 bilion
11 January 2012, By Utusan
UEM Land Holdings Bhd. (UEM Land) menyasarkan jualan hartanahnya sebanyak RM3 bilion pada tahun ini bagi kesemua pembangunan hartanah dengan nilai pembangunan kasar (GDV) sebanyak RM5.5 bilion.
Pengarah Urusan dan Ketua Pegawai Eksekutifnya, Datuk Wan Abdullah Wan Ibrahim berkata, sasaran itu adalah berdasarkan pencapaian jualan pada tahun lalu yang memberangsangkan.
''Pada tahun lalu, sasaran jualan dibuat adalah RM2 bilion dan kita telah menghampirinya. Oleh itu, pada tahun ini UEM Land yakin dapat mencapai sasaran dibuat.
''Jualan tersebut melibatkan kesemua projek pembangunan hartanah di seluruh negara termasuk di Johor, Lembah Klang dan sebagainya,'' katanya.
Dijaya sees brisk sales of Tropex Residences apartments
11 January 2012, By The Star
Dijaya Corp Bhd, which launched Tropex Residences in Iskandar Malaysia, Johor last month, has sold more than 85% of its Tower A within the first month.
“We are very pleased to receive this strong response from locals and Singaporeans in such a short time. Following the positive response, we have launched our second phase, Tower B,” group chief executive officer Tan Sri Danny Tan said in a statement.
Tropez Residences is a 38-storey bay-front serviced apartment in Tropicana Danga Bay. The latter is a RM3.8bil integrated project spanning 37 acres in Iskandar Malaysia. It offers a comprehensive mix of lifestyle properties, offices and commercial blocks, as well as a hotel and a shopping mall.
Singaporean home buyers look to Johor
08 November 2011, By The Sun
The long queue for public housing in Singapore and high prices in the secondary market have resulted in more Singaporeans buying property in Johor and the Iskandar region, a Singapore real estate agent said.
Institute of Estate Agents Singapore immediate past president Jeff Foo said it is taking longer for young couples in Singapore to upgrade as property prices have gone up while supply is low.
"The government is working to provide more properties for young people, but we will only see the effect in several years' time," he said at the FIABCI-Malaysia Morning Talk on 'Singapore Property Market Updates' recently.
Sunway says not in talks with Sime on Iskandar JV
08 November 2011, By The Star
Sunway Bhd said today it is not involved in any discussion with Sime Darby Bhd to jointly develop townships in Iskandar Malaysia, Johor.
Nevertheless, as a leading property and construction company, Sunway said it is constantly on the lookout for property development opportunities both locally and abroad.
"We will keep our shareholders appropriately notified through timely announcements made to Bursa Malaysia Securities Bhd," it said in its filing to the exchange here.
It was reported by Bernama on Thursday that the two companies are likely to jointly develop townships in Iskandar Malaysia.
