Malaysia’s Strategic Push to Attract High-Net-Worth Family Offices In a strategic move aimed at bolstering economic growth and driving high-value investments, Malaysia is setting its sights on attracting affluent local and foreign individuals with assets under management (AUM) ranging from RM500 million to RM1.2 billion. Over the next five years, this initiative is expected to generate substantial local...
Johor
Sunway Construction Group Bhd (KL) has further strengthened its project portfolio with the awarding of an additional RM347 million contract for tenant improvement works (TIWs) at the Sedenak Tech Park (STeP) data centre project in Johor. This strategic move, confirmed through SunCon’s bourse filing on Wednesday, signifies the project's elevated value, now reaching a cumulative RM3.5 billion from the...
Discover the Vision Behind Lido Waterfront Boulevard in Johor Lido Waterfront Boulevard, Tropicana Corp Bhd’s ambitious new project, promises to transform Johor’s skyline and enhance its appeal as a thriving, international city. Launched on October 30, this 163-acre master development marks a significant milestone in Tropicana’s vision for luxury, sustainable living. With an official groundbreaking...
UEM Sunrise Bhd’s (KL) Renewable Energy (RE) Industrial Park in Gerbang Nusajaya, Iskandar Puteri, Johor, is gaining significant interest from China-based companies keen to set up manufacturing facilities in Malaysia. Companies such as China Machinery Engineering Wuxi (CMEC Wuxi) Co Ltd, Wuxi Longmax Technology Co Ltd (Longmax), Gotion, Hopewind, and Huasun have expressed interest in becoming RE...
The number of Singaporean visitors to Johor has seen a steady improvement since the Vehicle Entry Permit (VEP) was implemented on October 1, according to local business groups. While the crowd hasn’t returned to pre-pandemic levels, there is a noticeable day-by-day increase in visitors. Roland Lim, president of the Johor Baru Business and Hawker Association, noted that although the numbers have yet to...
The Johor state government has introduced several strategies to manage the anticipated increase in property values in Johor Bahru as a result of the Johor-Singapore Special Economic Zone (JS-SEZ). Johor Menteri Besar Datuk Onn Hafiz Ghazi highlighted that ensuring equitable benefits for all residents is a key challenge in the implementation of the JS-SEZ, particularly with the expected rise in real estate...
Singaporean Visitors Return to Johor After Initial Vehicle Entry Permit (VEP) Concerns After a brief slowdown due to uncertainty around the enforcement of Malaysia's Vehicle Entry Permit (VEP), Singaporean visitors have begun to return to Johor in increasing numbers. Live camera feeds and apps like Beat The Jam showed significant traffic queues at the Causeway and Second Link in Tuas, with waiting times...
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...