Johor

The recently announced incentives for Forest City’s special financial zone (SFZ) are set to boost international capital inflows, further positioning Johor as a key economic driver for Malaysia, according to Prime Minister Datuk Seri Anwar Ibrahim. Speaking at Invest Malaysia 2024, the Prime Minister outlined the strategic measures designed to enhance Johor's growth, transforming the region into the...

Tropicana Corporation Bhd (Tropicana) is gearing up to soft-launch two of its significant developments in Johor—Lido Waterfront Boulevard in Johor City Centre and Fraser Hills in Tropicana Uplands, Gelang Patah—in the coming months. These projects reflect Tropicana's strategic expansion in response to the growing demand in Johor's property market, particularly after the announcement of the...

The Johor Zoo, one of Malaysia's most historic and beloved attractions, celebrated a momentous reopening on National Day, drawing nearly 20,000 visitors in a single day. After being closed for three years, the zoo welcomed back the public with open arms, marking a significant milestone in its long history. A Historical Day for Johor Zoo The reopening of Johor Zoo on National Day was nothing short of...

The Johor government has endorsed the need for improved connectivity between Forest City and Singapore, proposing a direct link to attract more investors to the Special Financial Zone (SFZ) and the Johor-Singapore Special Economic Zone (JS-SEZ). State Trade Investment and Consumer Affairs Committee chairman Lee Ting Han emphasized the importance of seamless transportation to Singapore as a critical factor...

Johor Corporation's (JCorp) wholly owned subsidiary, JLand Group Sdn Bhd (JLG), has announced an ambitious partnership with the globally acclaimed Zaha Hadid Architects (ZHA) to design and develop the Discovery City precinct within the expansive Ibrahim Technopolis (IBTEC) township. This collaboration marks a significant step in the evolution of IBTEC, a 7,290-acre township that is poised to become a major...

Capitaland Malaysia Trust Eyes Industrial and Logistic Assets in Johor Amid Positive Economic Sentiments Capitaland Malaysia Trust (KL) is setting its sights on expanding its portfolio with more industrial and logistic assets in Johor, driven by the region's robust demand and positive economic sentiments. This strategic move comes after CLMT's acquisition of three prime freehold ready-built factories in...

Korean investment firm GG56 Korea Ltd has committed a significant investment of US$1 billion (RM4.37 billion) in Forest City, Johor Bahru, to establish Malaysia's first Korean Culture (K-Culture) Town. The announcement was made by the master developer of Forest City, Country Garden Pacificview Sdn Bhd (CGPV), following the signing of a memorandum of agreement (MoA) between the two companies. A Landmark...

The construction of the Rapid Transit System (RTS) Link, which will connect Johor Bahru and Singapore, has reached 83% completion as of July this year, according to Transport Minister Anthony Loke. The project remains on schedule, with operations expected to commence on January 1, 2027. Progress and Upcoming Milestones Transport Minister Anthony Loke confirmed that the construction of the RTS Link is...

AME Elite Consortium Bhd Sells Four Industrial Properties to AME REIT for RM119.5 Million AME Elite Consortium Bhd (KL) is strategically realigning its property investments by selling four industrial properties in Johor to its 49.62%-owned unit AME Real Estate Investment Trust (KL) for a total of RM119.5 million. This marks AME REIT’s second acquisition from AME Elite within a span of 10 months....

The highly anticipated Johor-Singapore Special Economic Zone (SEZ) agreement is expected to be finalized by the end of this year, despite facing significant challenges in the negotiation process. This SEZ, which promises to attract new investments, boost trade, and create jobs, is a key project for both Malaysia and Singapore. However, sources familiar with the matter have revealed that ironing out the...