Johor

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...

Johor is rapidly transforming its property landscape, shedding its previous status as the region with the highest property overhang, to becoming a burgeoning hub for real estate investment. This shift is largely attributed to a series of strategic developments aimed at enhancing the region’s economic and infrastructural fabric. Strategic Developments Spurring Growth Sheldon Fernandez, the country...

The Johor property market is experiencing a remarkable resurgence, primarily fueled by the escalating interest from Singaporean nationals and permanent residents, alongside significant infrastructural and economic initiatives. This upswing is most pronounced in Iskandar Puteri, which is witnessing the highest proportion of foreign demand, a trend that is expected to persist, according to the Property...

Johor Sets a Green Standard with New Cross-Border Electric Bus Service to Singapore Johor has marked a significant milestone in its environmental initiatives by becoming the first state in Malaysia to introduce a cross-border electric bus service, connecting with Singapore. This development underscores Johor's commitment to sustainable transport solutions and sets a new standard for regional collaboration...

The imminent leadership transition in Singapore from Prime Minister Lee Hsien Loong to his deputy Lawrence Wong is set to mark a new chapter in Singapore-Malaysia relations, particularly in trade and investment dynamics. This shift comes at a time when regional economic frameworks are increasingly under scrutiny due to global economic challenges. Prime Minister Lee Hsien Loong, who has been at the helm...

Microsoft Acquires Land in Johor for Data Center Expansion In a strategic move to expand its digital infrastructure in Southeast Asia, Microsoft has secured a 102,560 sqm plot in the Pulai area of Johor, Malaysia. This acquisition, made through Microsoft Payments (Malaysia) Sdn. Bhd., involves a transaction with Crescendo Corporation Berhad’s subsidiary, Panoramic Industrial Development Sdn. Bhd., for...

In a move that promises to usher in a new era of growth and prosperity for Johor, the state's Menteri Besar, Datuk Onn Hafiz, has expressed his gratitude towards the federal government for its decision to revise the Malaysia My Second Home (MM2H) programme. This adjustment is anticipated to not only invigorate the real estate market but also propel the economic development of the region to new...

In a strategic move to bolster Johor Bahru's burgeoning hospitality and residential sectors, Bangsar Heights Pavilion Sdn Bhd has officially partnered with Hyatt Hotels Corp for the management of the Hyatt Place Johor Bahru City Centre. This collaboration marks a significant milestone for the Quayside JBCC development, a RM600 million mixed-use project poised to redefine the urban landscape of Bandar 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...