Johor

RTS Link Project Costs Rise by 29.9% to RM5.24 Billion: Auditor-General’s Report The estimated cost of the Rapid Transit System Link (RTS Link) infrastructure project has surged by 29.9%, reaching RM5.24 billion as of December 31, 2023. This increase, up from the original estimate of RM4.03 billion in January 2018, highlights several key factors driving the escalation in expenses. Reasons for Cost...

Travellers from 63 countries can now benefit from Malaysia’s expanded autogate immigration clearance system when entering via Kuala Lumpur or Johor. This system, which was previously available to travellers from 36 low-risk countries, has been enhanced to include an additional 27 countries, making the entry process more efficient and streamlined. Expansion of the Autogate System The expansion of the...

The Rapid Transit System (RTS) Link between Johor Bahru and Singapore is poised to revolutionize connectivity and transportation in the region. This ambitious initiative promises numerous benefits, ranging from reduced congestion and improved safety to job creation and environmental sustainability. Here’s an in-depth look at the key benefits of the RTS Link and its historical context. Historical...

Embark on a digital transformation journey as Malaysia introduces a QR code system for immigration clearance at the bustling Sultan Iskandar Building (BSI) and Sultan Abu Bakar Complex (KSAB) in Johor. Deputy Prime Minister Datuk Seri Fadillah Yusof unveiled the launch of the proof-of-concept phase, focusing initially on Malaysians traveling to Singapore by bus and motorcyclists utilizing the MBike...

Iskandar Investment Bhd (IIB) is taking significant steps to broaden its collaboration within the Global Business Services (GBS) Iskandar @ Medini initiative in Johor. The company has recently joined forces with GBS Malaysia and iTrain Asia, aligning with its dedication to position Medini as the first net-zero carbon Central Business District (CBD) in the region by 2030. Strategic Partnerships and...

Johor is currently witnessing a remarkable surge in its data center industry, establishing itself as the largest data center market in Malaysia and a significant player in the Asia Pacific region. According to Baxtel, Johor ranks as the ninth-largest data center market in Asia Pacific, boasting 13 operational data centers spread across more than 1.65 million square feet, with four more facilities under...

Johor's Property Market: A Hub of Potential Amidst Speculation Concerns Imagine a state on the cusp of transformation, where the convergence of economic powerhouses sparks a surge in property values. Johor, the southernmost state of Peninsular Malaysia, finds itself at the heart of such a transformation, fueled by the upcoming Johor-Singapore Special Economic Zone (SEZ). This ambitious project promises to...

Johor: The New Frontier for Property Investors Eyeing the Singapore Economic Sphere The burgeoning economic relations between Malaysia and Singapore are setting the stage for a real estate boom in Johor. Positioned as the next commercial nexus, this southern state is not just a geographical extension of Singapore but is rapidly becoming an economic extension as well, courtesy of the new special economic...

Johor is poised to become the fastest-growing state in Malaysia, driven by high-impact initiatives such as the Johor-Singapore Special Economic Zone (SEZ) and a special financial zone in Forest City, as announced by Malaysian Prime Minister Anwar Ibrahim. Speaking at a Madani Aidilfitri 2024 celebration in Johor Bahru, Anwar emphasized the transformative potential of these projects in catalyzing the...

Astaka Holdings Stimulates Johor Property Market with New Foreign Buyer Threshold Astaka Holdings Limited, a leading property developer based in Johor, has made a strategic move to invigorate the local real estate market by successfully lobbying for a reduced minimum purchase price for foreign buyers. Set at RM500,000, this new threshold is designed to boost property sales and attract more international...