Property Specialist in Johor Bahru, Johor, Malaysia

March 28, 2013 Sunway Bhd aims to develop multiple mixed-use components on its Rm 30 billion landbank in Iskandar. PETALING JAYA: The 1,770 acres with a gross development value (GDV) of RM30bil Sunway Bhd owns in the Iskandar region and its plan to pay out dividends semi-annually are deemed as catalysts to its re-rating, UOB KayHian Research says. In a report, the research house revised Sunway’s target price to RM3.48 from RM2.98 as it removed the 10% discount to sum-of-the-parts. UOB KayHian said the proposal indicated that the company was in a favourable cash position despite possibly needing high capital expenditure for its development in Iskandar. The research unit also said Sunway Iskandar’s masterplan included interesting “township components” such as Education Park, Eco Theme Park, Lifestyle Malls, Medical Park, Business Park and an Eco Marina. “We believe the re-rating will continue as the Iskandar theme has only ‘warmed up’. We expect positive sales response from their maid

Currently, I had received and facing many call for request renting house, apartment, commercial in johor bahru, Permas Jaya Nusajaya Setia Tropikal/ Kempas/ Impian Emas JB Town - Taman Pelangi/ Sentosa/ Sri Tebrau/ Abad(Century Garden) Taman Mount Austin/ Desa Terbau Gelang Patah No matter the Tenant is from  where ( Singaporean/ Foreigner, Local - Difference State), they are looking to rent in jb. Why this will happen? Residential Commercial Industrial From last year 2012 till now, due to Environment, Economics, Market forwards to Increase and Rising Rental of Property and also Pricing of Property keep rising. Reference: The Singapore Retailers Association has spoken out against increasing rents on account of REIT involvement. Land Price of Southern Johor Nusajaya - Agricultural Land due to developing keep which demand is higher than supply, causing the price climbing, fm last year RM60psf - RM130psf or higher. Gelang Patah - Agricultural Land due to Industrial de

Singapore - Retailers Say Reits Are Pushing Up Rental Costs The Singapore Retailers Association has spoken out against increasing rents on account of REIT involvement.But for retailers, Reits are causing them to cough up more in rents. This is because Reits act mainly to boost returns for their shareholders. The Singapore Retailers Association has spoken out against increasing rents on account of REIT involvement. Real estate investment trusts (Reits) have become an investment darling in Singapore giving investors attractive returns. But for retailers, Reits are causing them to cough up more in rents. This is because Reits act mainly to boost returns for their shareholders. President of the Singapore Retailers Association (SRA), Jannie Chan, says the higher rentals are adding to the woes in the retail sector which include a labour crunch and shortage of parking space. Ms Chan says: “We’ve got the Reits killing us, we’ve got the labour killing us, and we’ve got no shopping (cent

March 21, 2013 Leading Indian pharmaceuticals firm Agila Biotech has signed an agreement with Bio-XCell to launch a multi-use facility in Iskandar by 2014. In the country’s quest to bring the country up the economic chain into high-value technology, Iskandar Malaysia’s biotech park, Bio-XCell, has committed India’s Agila Biotech to opening a facility there. Agila Biotech (Malaysia) is a subsidiary of Bangalore’s Strides Arcolab Ltd, one of the world’s largest manufacturers of soft gelatin capsules and other pharmaceuticals. In a recent signing of an agreement to build the facility, Agila Biotech (Malaysia)’s CEO Dr Anand Iyer promised to establish a range of projects in the special economic zone. These include end-to-end manufacturing of biologics, developing biomolecules, manufacturing mammalian cell culture, microbial fermentation, and the production of recombinant monoclonal antibodies and recombinant therapeutic proteins, among others. In the agreement, Malaysian Bio-XCell Sdn B