Property Specialist in Johor Bahru, Johor, Malaysia

September 28, 2012 The developer will embark on four real estate projects over the next five years. Over the next five years, Ireka Corp Bhd will invest in four new development projects with a total gross development value of about RM 1.9 billion. Two of the announced projects will be a boutique hotel and a 200-unit serviced residence project in Jalan Kia Peng, near the Kuala Lumpur Convention Centre. The developer added that it was in the advanced planning stage for the boutique hotel, whereas the serviced residence project will be a 30:70 joint-venture with Aseana Properties Ltd. Said Ireka group managing director Lai Siew Wah, "It is only natural for Ireka to return to direct investment in property development, now that we have fully implemented the investment strategy for Aseana Properties Ltd as its development manager." Ireka set up Aseana Properties in 2007 to undertake property development projects in Malaysia and Vietnam. The company is listed on the London exchan

IRDA Is Sole Decision-making Authority Over Investments In IDR KUALA LUMPUR, May 17 (Bernama) -- The Iskandar Regional Development Authority is the sole decision-making body on all issues pertaining to both domestic and foreign investments flowing into the region, Johor Menteri Besar Datuk Abdul Ghani Othman said today. "Be they local or foreign direct investments from all sources including Singapore, it is the IRDA which will have jurisdiction over issues pertaining to investments," he said. Allaying concerns and some confusion that the proposed Malaysia-Singapore ministerial committee on Singapore's participation in IDR could lead to excessive focus on Singapore, he said the committee "is neither consultative nor has decision-making powers in its role." On the contrary, the committee will be optimising the synergies of growth and investment in the region, he told Bernama when asked to respond to such concerns. It would facilitate economic cooperat

New residential development to include a 21-storey tower, to contain 200 medium low-cost apartments and a four-storey basement car park. Works will include: • lift system • air-conditioning system • recreational facilities • plumbing and sanitary • common lightings Building elements include: • tile and carpet flooring • powder-coated aluminium-framed casement windows and louvers • timber flush doors Estimated costs: RM10.00 mn (US$2.86 mn). Construction is expected to start in the second quarter 2013. Construction is expected to end in the second quarter 2015. Friday, July 10, 2009 Mahabuilders to revive Pandan City Business Centre project JOHOR BARU: Property developer Mahabuilders Sdn Bhd plans to revive the abandoned Pandan City Business Centre here into a thriving commercial and educational centre. Managing director Mustapha Hassan said it was currently talking with several educational-related institu

Strategically Set Within The Senai-Skudai Zone Of Iskandar Malaysia Senai Industrial Park is also located within Iskandar Malaysia, where major developments will be carried out including superior infrastructures. Senai Industrial Park is strategically positioned in Zone E which enjoys direct access to the North-South Highway and Senai-Desaru Highway which is expected to complete in 2010. Thanks to another major access by way of the Second Link, the Port of Tanjung Pelepas, singapore is merely 40 minutes away. Just shift in and enjoy ready conveniences, and see your business prosper. Senai Industrial Park is located very close to the Senai International Airport, the future air cargo hub in the region. Situated within the well established Senai Industrial Estate, manpower requirement is readily met, including the supporting industries in the region. There are ample hostels nearby to cater for workers accommodation. The ambition of the Authority is for Senai Internation

SENAI HOTEL: PHASE 2 Lapangan Terbang Sultan Ismail, Senai, Johor Bahru, Johore, Malaysia A three-star hospitality development, on part of a 24,200-square-metre site, to include a 12-storey tower with 168 guestrooms. Facilities will include: • an administrative office • a reception area with an information counter • a guests' waiting area • a banquet hall • meeting rooms • a restaurant with a dining area • swimming and wading pools • a gymnasium and a spa • indoor and outdoor games courts • a utility room • a store room Mechanical and electrical works will include: • air-conditioning system • lift installation • telecommunication systems • closed-circuit television cameras (CCTV) • fire-fighting systems • plumbing and sanitary • lighting fittings Building elements include: • reinforced-concrete foundation and framework • concrete flat sl

" In JB, this is THE place for CDs, DVDs, PS2 and PC games and the latest software programs. All at affordable prices, too." Holiday Plaza is said to be Johor Bahru's largest shopping complex. It lies next to Holiday Inn Crowne Plaza. It houses no less that 440 shop units, and apart from the CDs, DVDs, PS2 and PC games and the latest software programs, it also offers just about everything for everyone. Besides its anchor tenant, Parkson Grand, other stores offer a wide range of apparel, jewellery, electrical goods, cosmetics, handbags, shoes, household goods and toys. There is a propose improvement and New OutLook of Holiday Plaza. To be continue...

Auction - Flat Bandar Baru Permas Jaya Jln Permas 7 - 01 -xx fm RM45000 Jln Permas 7 -01 -xx fm RM60000

Permas Mall Permas Mall is positioned to be a landmark corporate address that will inject vibrant sophistication and style in the heart of Bandar Baru Permas Jaya. Strategically located in Zone 3-1E, within 150-acre developed commercial center comprising the Jaya Jusco store, its specially shops and Permas Mall, the competitive location of these three blocks of professionally managed luxurious 3-storey shop offices assure high investment returns. Prominently sited along the main route, traffic is bound to pass Permas Mall to from Pasir Gudang & Johor Bahru city via the Permas Jaya Bridge. Each unit of the 88 units of stylish 3-storey shop offices in Permas Mall comes with two separate strata titles fir the ground and upper levels, allowing maximum advantage and flexible use. Designed with a sophisticated corporate commercial image, Permas Mall is the ideal business environment for excellent business convenience and investment prospects. Understanding the needs o

Malaysia With its long-standing history of real estate development in Johor Bahru, UDA Holdings Bhd has offered its expertise towards the redevelopment of Johor Bahru city. Thousands of visitors invited to sneak previews of Legoland have given the theme park the thumbs up. Analysts and market players said that Malaysian real estate investment trusts (M-REITs) have performed well this year. Seven new projects have been announced under the New Key Economy Area (NKEA) scheme and are expected to add 18,522 new jobs and increase the country's Gross National Income (GNI) by RM 2.36 billion. The Malaysian Association of Hotels predicts a slight increase of 2% in hotel occupancy rate in Penang this year. As operating costs climb in China, Iskandar Malaysia in Johor could step up as a viable option to MNCs seeking lower-cost alternatives . Higher revenue recognition from its property projects has helped SP Setia Bhd turn in a positive report card for the quarter ended 31 July.

September 18, 2012 Higher revenue recognition from its property projects has helped SP Setia Bhd turn in a positive report card for the quarter ended 31 July. Net profit rose to RM 100.4 million for SP Setia Bhd at the end of July, representing a 10% y-o-y rise for the company's third quarter. The profit increase was matched by a 12.1% y-o-y rise in revenue to RM 654.2 million for the quarter under review. The developer said that higher revenue recognition from its residential and commercial properties in the Klang Valley, Johor Bahru and Penang helped to power its positive results, which was built upon increased levels of overall group sales achieved since FY 2010. It added that its profit-before-taxation margin for its property development segment also increased from 19% to 23% on the back of the group's success in steadily increasing its selling prices through continuous value creation. For the nine months ended July 31, SP Setia posted a 8.7% y-o-y rise in net profit to

Double Storey Terrace House (5yrs old), Taman Perling. Property Type: Terrace Tenture: Freehold Int'l Lot Build Up Area: 24SQFT x75SQFT Furnishing: Semi-furnishing. Tenant Occupied not available to view, but try arrange. House Condition: Standard and Emphasize no special renovation, have grill,simple lighting, clean and well maintain. Pls to request view outside, Only if 90% confirm, to arrange see, to avoid interrupt occupied tenant. Sorry if cause any inconvinence. Asking PRice SALE: RM450k (Ask For Price ) Now. Valuation Normal now around RM3xxK. Welcome to contact us, Agent/ Negotiator: Kelvin Yeo Mobile No.: 012-7098632

Malaysia - Legoland Sneak Previews Garner Rave Reviews September 14, 2012 Thousands of visitors invited to sneak previews of Legoland have given the theme park the thumbs up. The hype is building for Johor's latest attraction, Legoland, which is slated to be officially opened tomorrow. Judging by the rave reviews from thousands of lucky visitors who participated in sneak previews held since end-August, the theme park based on the popular toy series will prove to be a smash hit. Legoland's own staff and their families, media staff, tourism professionals and officials from various agencies were among those who have already sampled Legoland's many delights. Most of the sneak preview visitors have given the thumbs up for the first Legoland theme park in Asia and the sixth in the world. The park features 15,000 Lego models, built with about 50 million Lego bricks. It is comprised of various areas, including Miniland - the heart of every Legoland Park showca

September 13, 2012 With its long-standing history of real estate development in Johor Bahru, UDA Holdings Bhd has offered its expertise towards the redevelopment of Johor Bahru city. UDA Holdings Bhd believes that its wide experience can be a boon in the urban redevelopment of Johor Bahru, based on its long-standing history with the city. The company has offered its expertise to city planners, according to chairman Datuk Nur Jazlan Mohamed. "I have offered UDA's support and help but haven't received any indication. We have good knowledge with the business climate (in Johor Baru), housing market and I think that we can contribute to the redevelopment plan of the city," he said. Since 1975, UDA has been closely involved in redeveloping the city through the Bandar Baru UDA project. "I am interested to get UDA involved in the plan, but we have to be invited (to be involved in Johor Baru's redevelopment plan)," added Nur Jazlan, who is also Member of P

Malaysia The bullish sentiments of commercial property developers in the Klang Valley region is sparking concerns over possible oversupply. Mah Sing Group Bhd hopes that the upcoming Budget 2013 will have more financial incentives, tax breaks or infrastructure projects to benefit the property sector. Malaysian real estate investment trusts (M-REITs) said that a loosening of the withholding tax structure will encourage higher foreign interest in the sector. SP Setia is offering attractively priced package deals for retail and office units at the newly launched Aeropod Block H . UDA Holdings Bhd has confirmed that Kompleks Niaga Utama (KNU) at Bangsar will be redeveloped next year.

September 11, 2012   Foreign participation in Malaysia's REIT sector could increase after Budget 2013, if operators get their wish. M-REITs want the government to revise the withholding tax structure so as to level the playing field with Singapore's REIT market. CEO and executive director of Axis REIT Manager Bhd Stewart Labrooy pointed out that there was a 10% withholding tax for individuals in Malaysia whereas in Singapore there was not. "Also, in Singapore, the corporate tax rate is lower than Malaysia and so dividends to non-resident corporate unitholders in Singapore attract a lower tax rate (17% versus 25%)," added Labrooy, who is also the chairman of the Malaysian REIT Managers Association. A spokesperson from UOA REIT also called for a removal of withholding taxes for foreign investors so as to help increase the sector's competitiveness. "As it is, foreign participation in M-REITs remains low," they said. Sunway REIT Management Sdn Bhd c

Double Storey House, Taman Pelangi Property Type: Terrace Tenure: Freehold Non Bumi Build Up: 22'x80' Sale: RM380k Neg Renovation Can Park 2 car. Welcome to contact us. House / Apartment For Rent Near CIQ Rent also have for Chinese Couple/  Family / Company only.

KUALA LUMPUR: The recent hike in cement prices will only have a minimal impact on house prices, says Selangor Bumiputera Real Estate Developers Association President, Mohammad Sahar Mat Din. He said cement usage in housing projects usually accounted for two per cent of building cost and should not necessarily affect overall house prices. "At present, there is no apparent reason for house prices to spiral as the price of other building raw materials remain stable," he told Bernama. He added that if the cost of a 50 kg cement bag rises by RM1, houses priced between RM200,000 and RM500,000, should only increase by less than RM5,000. As such, Mohammad Sahar said developers should not take advantage of the situation to increase prices indiscriminately. He also said an increase in house prices should not only depend on building raw material costs but also other factors such as land, administration and utilities cost. Cement prices increased by RM1 to RM17.7