Johor

A recent fire incident at an electric vehicle charging system (EVCS) bay in Johor has brought to light a significant compliance issue. The company operating the EVCS, where a Mercedes Benz EQB model caught fire on December 31 last year, was found to be functioning without a license from the Energy Commission. This revelation follows the Energy Commission's statement, which emphasized that under the...

The realization of major public transport projects in Johor, such as the Kuala Lumpur-Singapore High-Speed Rail (HSR) and Light Rail Transit (LRT), will be executed with careful consideration of several factors, including the country's financial capacity, revealed Transport Minister Anthony Loke Siew Fook. Loke emphasized the government's commitment to supporting the development of public transport...

Tropicana Corporation is poised to scale up its expansion in Johor, Malaysia, as it aims to unlock 800 acres of premium landbank with a gross development value (GDV) of RM43 billion ($12.3 billion). The move comes in the wake of positive developments in Johor, including significant foreign direct investment, revived high-speed rail plans, and the designation of special economic zones. Tropicana...

The Johor state government is planning to present a working paper on the proposal to implement a Light Rail Transit (LRT) system in the state to the federal government after November 30. This significant move is part of the state's effort to enhance its transportation infrastructure and cater to the increasing needs of its residents. The decision was revealed by Mohamad Fazli Mohamad Salleh, the State...

Singapore-based property management company, Bespoke Habitat, has ventured into the Malaysian market with the launch of a 200-room co-living space near Mid Valley Southkey in Johor Bahru. As of November 1st, the co-living facility has already achieved an impressive 80% occupancy rate. The rooms are fully furnished, with monthly rates varying from RM800 to RM1,400 based on factors like room size, location,...

Budget 2024 brings exciting prospects for Johor's investment landscape, especially with plans to liberalize visas, including those for investors' employment passes in certain sectors. The relaxation of conditions under the Malaysia My Second Home (MM2H) program is set to bolster Johor's appeal to investors, not only from Singapore but also from various countries worldwide. Boosting Johor's Housing Sector:...

The retail market in Johor Bahru is poised for significant growth, driven by the upcoming Johor-Singapore Rapid Transit System (RTS) Link. The RTS Link is expected to transport approximately 10,000 passengers per hour in each direction, providing a substantial boost to the region's economy. Allan Soo RE Consultants principal, Allan Soo, shared these insights during the Johor Bahru Retail Market Conference...

During an informal bilateral discussion with Singapore's Prime Minister, Lee Hsien Loong, Malaysia's Prime Minister, Datuk Seri Anwar Ibrahim, raised the topic of the Johor-Singapore Special Economic Zone. Anwar was in Singapore for a one-day working visit, which included his participation in an invitation from the Milken Institute to provide insights on how Malaysia can attract foreign investment. Prime...

Concerns about China's largest property developer, Country Garden Holdings, facing financial challenges have sparked discussions about the potential impact on its international ventures. However, industry insiders suggest that the negative effects of the debt crisis could be primarily driven by fear and perceptions. Addressing these concerns, Country Garden has emphasized that its five property projects...

The Malaysian government has taken a significant step by designating the Forest City project as a special financial zone, aimed at stimulating economic growth in Iskandar Malaysia. Prime Minister Anwar Ibrahim highlighted various incentives, including multiple entry visas and a flat income tax rate of 15%, intended to attract knowledge workers and foster growth in sectors like healthcare, education, and...