Property

National Housing Policy 2.0

The National Housing Policy (DRN) 2.0 for 2018-2022 is in the final phase of preparation, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar. “DRN 2.0 is formulated comprehensively with regard to improvements, including new housing industry challenges such as the provision of transit homes for the M40 youth category, design and regulation of the latest housing prices,” he said. DRN 2.0 would involve cooperation from Khazanah

Seri Austin’s Townpark Recognised as Non-Smoking Zone

Malaysian Health Promotion Board (MySihat) once again recognised and gazetted Seri Austin’s Townpark as a smoke free park at the Blue Ribbon Campaign 2017 Appreciation and Recognition Night. The award was presented by Health Minister Datuk Seri Dr S. Subramaniam at Bora Ombak Marina, Putrajaya. Earlier in 2014, MySihat recognised and accredited two out of five townparks at Seri Austin as the First Smoke Free Townpark in Iskandar Malaysia. Chief

A New Affordable Housing Project in Iskandar Puteri 2

Johor Menteri Besar Datuk Seri Khaled Nordin congratulated Country View Group for their efforts and shared success with the state government to develop affordable homes at its Taman Nusa Sentral development located in Iskandar Puteri. “We want more developers, industry players as well as the private sector to appear and respond to the state government’s call to build more affordable homes,” said Khaled during the launch of the Nusa Sentral

KPRJ Starts the New Year with a New School

Kumpulan Prasarana Rakyat Johor (KPRJ) and its subsidiary KPRJ Builders Sdn Bhd (KBSB) had conducted a groundbreaking ceremony for the upcoming SAKJ Bandar Seri Alam 2 which is part of the Johor State Government School Project (SAKJ) Phase 5 execution. The event was held at Al-Falah Mosque in Seri Alam which is adjacent to the site of the new school. Johor Chief Minister Datuk Seri Khaled Nordin was present to

SKS Group Collaborates with IHG to Debut Holiday Inn in Johor Bahru 2

SKS Group through its member company, SKS Hotel Residences and Resorts Sdn. Bhd., has inked a hotel management agreement with InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, for the first Holiday Inn hotel in Johor Bahru City Centre. The 318-key Holiday Inn Johor Bahru City Centre will be part of the existing Komtar JBCC mixed-use development. Situated in the city’s downtown core, leisure guests can look

Hua Yang Berhad Introduces New Township in Johor 8

Hua Yang Berhad (Hua Yang), an affordable housing developer with a long-standing presence in Johor Bahru, had unveiled its latest development in Johor. The development, which comprises 64 units of cluster homes and two units of link bungalows has an estimated Gross Development Value (GDV) of RM41.72 million and sits on 3.99-acres of freehold land. This project (Parcel One) is part of Oval which makes up Phase One of Elemence,

Price vs Value – Part One

The Royal Institution of Surveyors Malaysia (RISM) explains that valuers are not just from the private sector. There are equally significant number of valuers in the public sector with the majority of them in the Valuation and Property Services Department (JPPH). Self-governance of the profession cohesively by the two sectors ensures that valuation is not motivated by profits but instead, as a bastion to uphold and protect the interest of

GBH Plans Rm143m Property Purchase

Ceramic products company Goh Ban Huat Bhd (GBH) is planning to buy several properties in Pontian, Johor, from three companies controlled by the family of its controlling shareholders, for RM143 million reported EdgeProp. It is also seeking to diversify its business into construction and property development, it announced in a Bursa Malaysia filing yesterday. The properties it is buying are 29 units of unsold 1.5-storey semi-detached factories — with a

Celebrating the State’s Rich Culture at Meridin East 3

Over 3000 visitors flocked to the inaugural Bangsa Johor Festival hosted by Mah Sing Group at its Meridin East township recently. Those who attended were treated to some of the best Johor delicacies, music and performances. The festival which aims to celebrate the rich culture and diversity of the state, kicked off the day with 2000 participants through a 5km Fun Run followed by the launch of the Bangsa Johor

Kimlun Buys Plot for Rm82.1m

Kimlun Corp Bhd is buying a plot of freehold agriculture plot measuring 11.734ha in Pulai, Johor, from UEM Sunrise Bhd for RM82.1 million to develop commercial properties. The purchase is being undertaken via its indirect wholly-owned unit Kii Morris Sdn Bhd, which inked the sale and purchase agreement with UEM’s unit Nusajaya Greens Sdn Bhd yesterday, according to the group’s filing with Bursa Malaysia. The purchase consideration will be financed