SEZ

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...

Johor is witnessing a surge in data centres, with over 50 centres currently in the application, construction, or operational stages, and even more expected in the near future. According to Samuel Tan, CEO of Olive Tree Property Consultants Sdn Bhd, this growth is set to continue, particularly with the launch of the Forest City Special Financial Zone (SFZ) and the Johor-Singapore Special Economic Zone...

The Malaysian government has introduced a series of tax incentives to accelerate the development of Forest City as a key financial hub. Located in Johor, this 1,400-hectare private development has struggled to meet its ambitious growth targets since its inception, but these new incentives aim to position Forest City as a global financial and economic hub. Special Corporate Tax Rates and Personal Income...

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...

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...

Malaysia is taking proactive steps to strengthen its economic ties with Thailand by proposing the involvement of the private sector and startup companies in the establishment of special economic zones (SEZs). This initiative aims to attract more investments and foster economic growth in both nations. Malaysia's Proposal to Thailand Prime Minister Datuk Seri Anwar Ibrahim highlighted this proposal...

Forest City's Pulau Satu to Thrive with Duty-Free Island Status, Boosting Tourism and Property Demand Forest City, located in Johor, is set to experience a surge in tourism and property demand with Pulau Satu's official designation as a duty-free island. This move is expected to have a significant positive impact on the local economy, according to industry experts. Economic Impact of Duty-Free...

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 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...

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...