Property Specialist in Johor Bahru, Johor, Malaysia

The Johor Baru City Council (MBJB) will offer incentives to developers to restore abandoned projects in the city. Incentives such as a 50 percent discount on fees for building plan submission and improvement service funds, as well as on building charges and waiver of deposits will be given by the MBJB to developers. City Mayor Mohd Jaafar Awang said the incentives are partly meant to reduce various “eyesores” in Johor Baru. “I hope these incentives will lead to developers restoring abandoned buildings,” he said. “Now four of the abandoned buildings have been restored — the Grand Paragon Hotel, Danga City Mall, Metro Larkin and Daiman Larkin, (with) two others — Flamingo Hotel in Permas Jaya and Kemayan City — (are) currently being restored,” he said, citing an improvement from the 19 abandoned buildings recorded in 2008. “Factors include issues within the developer’s organisation, inadequate planning and lack of feasibility studies,” said Mohd Jaafar, with financial diffic

Malaysia Phase 1 work for the multi-billion ringgit Johor Bahru City Centre Transformation project will begin in early 2013, as scheduled. For its sixth development project in Johor, Mah Sing Group Bhd has unveiled an integrated development with an estimated worth of RM 1.1 billion. Distribution per unit (DPU) for CapitaMalls Malaysia Trust (CMMT) in the third quarter has risen to 2.13 sen from 1.98 sen in Q3 2011. Axis REIT said that for the third quarter of the year, pre-tax profit increased to RM 19.3 million.

October 23, 2012 For its sixth development project in Johor, Mah Sing Group Bhd has unveiled an integrated development with an estimated worth of RM 1.1 billion. An integrated development featuring a mix of residential and commercial components have been unveiled by Mah Sing Group Bhd, marking the developer's sixth project in Johor. The Meridin @ Medini has an estimated gross development value of RM 1.1 billion and will offer residences as well as offices, retail units and corporate space. Mah Sing said that the development is targeted mainly at Malaysians working in Singapore and Singaporean buyers seeking property investments outside of Singapore on account of the strong Singapore Dollar against the Ringgit. The recent tightening of residential property rules in Singapore is also thought to increase the project's attractiveness to Singapore-based investors, added the group. Besides domestic buyers and investors from Singapore, The Meridin @ Medini will also be popul

http://www.edl.com.my/interchanges-and-ramps.php Designed to effectively disperse traffic within and among the main artery roads in Johor Bahru, the highway provides a new level of connectivity by reducing travel time by as much as 35 minutes from Pandan to the CIQ. The access connections include three (3) interchanges, allowing for smooth and accessible travel along the highway. The location of the interchanges are stated below: Interchanges Exit Direction Type CIQ (connect to Singapore) 1401 Pusat Bandaraya Jalan Lingkaran Dalam Slip road Bakar Batu (connect to Permas Jaya/Pasir Gudang & Jalan Tebrau) 1402 1403A 1403B Kg. Bakar Batu Jalan Tebrau Permas Jaya Pasir Gudang Kg. Bakar Batu Permas Jaua Pasir Gudang Ramp Down Dedicated ramp to Permas Jaya Pandan (connect to PLUS highway & Jalan Tebrau – Kota Tinggi) 1404A 1404B 1404C Pusat Bandaraya JalanTebrau Mersing Ko

A commercial development to include 112 three-storey shop-offices with floor spaces ranging from 475.5 to 673 square metres. Works will include: • internal road networks • main water supply reticulation • drainage system • common lightings Building elements will include: • metal deck roofing with steel trusses • reinforced-concrete framework and structures • brick walls with plasters and emulsion paint finishes • solid timber and plywood flush doors • aluminium-framed casement windows and louvers • cement render and homogeneous tile flooring Construction is expected to start in the second quarter 2013. Construction is expected to end in the second quarter 2015.

A 12-hectare educational development, with multiple low- to mid-rise faculty and outstation hostel blocks, to include: • the Faculty of Business Management • the Faculty of Mass Communication • the Faculty of Information Technology and Digital Media • the Faculty of Travel and Tourism Works will include: • internal road network • drainage systems • plumbing and sanitary • common and outdoor lightings Detailed design and building elements are to be confirmed. Construction is expected to start in the second quarter 2013. Construction is expected to end in the second quarter 2018. The project spans three phases and is expected to continue until 2023.

A mixed development on a 7.5-hectare site, to include: • a 36-storey office tower with a basement car park and a total floor space of 50,000 square metres • a 31-storey hotel, with a total floor space of 30,000 square metres • a podium with a three-storey shopping complex, a three-storey elevated car park and a two-storey, 500- to 1,000-capacity mosque Works will include: • demolition of the existing shopping complex • lift systems • plumbing and sanitary • fire-protection system • air-conditioning systems • main water supply reticulation Building elements include: • flat roofing • curtain walls • tile and carpet flooring • glass and timber flush doors Construction started in May 2012. Construction is expected to end in June 2013.

There are few unit bungalow and Semi Detach house in johor bahru for you choice, if you would lilke to know more details, welcome to contact us. Email: yeoc@hotmail.com / yeoc1979@yahoo.com Website: www.propwall.my/kelvinyeo Here only few units attach photos, the rest if you are looking pls advice us. We shall try our best search for you.   

2. Foreign Investment Committee The FIC is a committee within the Economic Planning Unit of the Prime Minister’s Department, which amongst others, reviews and regulates the acquisitions by foreign interests of assets and interests in Malaysian companies and businesses. 2.1 FIC Guidelines 2.1.1 All property acquisition by foreign interest that do not require the approval of the Economic Planning Unit, Prime Minister’s Department but falls under the purview of the relevant Ministries and/or Government Departments as follows: (a) acquisition of commercial unit valued at RM500,000 and above; (b) acquisition of agricultural land valued at RM500,000 and above or at least five (5) acres in area for the following purposes: (i) to undertake agricultural activities on a commercial scale using modern or high technology; or (ii) to undertake agro-tourism projects; or (iii) to undertake agricultural or agro-based industrial activities for the production of goods for e

October 9, 2012 The newly opened Mall of Medini will be Nusajaya's lifestyle, entertainment and recreational epicentre, said developer Nusajaya Lifestyle Sdn Bhd. Nusajaya gained a boost to its status as a recreational destination with the opening of the new Mall of Medini. Located next to the Legoland Theme Park, developer Nusajaya Lifestyle Sdn Bhd said that the retail and entertainment project was inspired by globally successful theme parks and lifestyle retail centres, such as Los Angeles' Americana, The Grove and Universal Citywalk. "It offers the new standard in theme park-linked mixed-use development, offering food, shopping, entertainment and lifestyle experiences," said UEM Land Holdings Bhd managing director and chief executive officer Datuk Wan Abdullah Wan Ibrahim. The project has completed its first phase of development - a colonnade-style retail experience in a classy yet lively and festive environment which encourages interaction between indoors

October 9, 2012 New phases of existing projects are the main drivers of Sunway Bhd's high sales volume this year. With RM 1 billion in sales to date, Sunway Bhd's property development arm is on track to reach its RM 1.3 billion sales target this year. Managing director of property development (Malaysia) Ho Hon Sang said that new phases of existing projects at Sunway South Quay in Bandar Sunway and Sunway Velocity in Kuala Lumpur were the main drivers of the company's property sales. Ho revealed that the group's recently launched commercial property offerings in Malaysia had enjoyed significant interest. Sunway Geo @ Sunway South Quay, Sunway Velocity's Phase 3C1 and Sunway Wellesley Phase 1 in Penang recorded over 80% take-up rates during previews. Together, the three projects total RM 700 million in gross development value (GDV). "Besides the strategic locations, these developments are well-planned, with good facilities, infrastructure, security featu