Property

Astaka’s One Bukit Senyum Conferred Node Status

Iskandar Malaysia’s property market received an added boost with the announcement by Astaka Holdings Limited that it has been granted node status by Malaysia’s Ministry of Finance and Iskandar Regional Development Authority (IRDA). Located in Flagship A of Iskandar Malaysia, the node status refers to a designated area where the developer and promoted businesses can enjoy tax incentives. “The node status accords Phase 2 of the project full income-tax exemption

Appeal to Relax Regulations for First-Time Home Buyers

It was recently highlighted that The Real Estate and Housing Developers’ Association (REHDA) appealed to the government to relax regulations for first time house buyers and properties below RM500,000. REHDA’s President, Datuk Seri Fateh Iskandar Mohamed Mansor said the request includes a lower interest rate and longer loan tenure for transactions in the above two categories and urge the government to be more flexible to end financing issues. Iskandar commended the

D’Lagoon To Soft Launch in Singapore

Located within the multiple award-winning township of UMLand Seri Austin, D’Lagoon is among the rare few residential developments within Iskandar Malaysia where foreigners can still acquire a property at the previous approved minimum purchase price of RM500,000. The development is a freehold project with a land spread across 6.56 acres is now launched in Singapore to cater to buyers across the bridge. The RM162 million project features two twenty-storey towers

588 Units of RMMJ and Community Housing Delivered

A total of 588 fully completed units of Rumah Mampu Milik Johor (RMMJ) and Perumahan Komuniti Johor Pakej B (PKJ B) at Taman Scientex, Pasir Gudang were handed over to buyers. It involved 191 RMMJ units sold at RM150,000 and 397 units of PKJ B priced at RM80,000 respectively. Johor Menteri Besar, Datuk Seri Mohamed Khaled Nordin, commended the initiative taken by Scientex Berhad in supporting the state government’s efforts

An Educational Malaysia Day

Mah Sing Group Berhad (Mah Sing) hosted a learn and play fiesta at their Meridin East Sales Gallery at Pasir Gudang, Johor. The family-friendly event was in collaboration with a number of non-governmental organisations (NGO). More than 100 families turned up at Meridin East’s state-of-the-art sales gallery to take part in various activities that were intended to bring a positive impact on the lives of the younger audience. In conjunction

Opal Residenz Section 2 Launched 6

Screams and laughter were in the air during the launch of Opal Residenz Section 2 at Gravity Green, Bandar Seri Alam when families and visitors were treated to a series of ‘Dinosaurs Return Alive’ shows throughout the day. The launch commenced with a colouring competition for children aged between 6 and 12 years old together with children from Kindness Johor at the Seri Alam Properties sales gallery followed by a

Oasis 3 Launched with 62 units 4

After its successful predecessor Oasis and Oasis 2, Tropicana Danga Cove (TDC) launched its last phase development of commercial shop offices, three-storey and four-storey Oasis 3 with 62 units expected to be ready by 2020. TDC opened its public launch and received a warm response with about 30% from the total units sold and some were repeat purchasers from the previous projects which sit on over 30 acres of land

“Location, Location, Location” – Part One 1

To most people, those three words are just a mantra that dictates location as the most important factor in buying a property, and it is repeated three times as a way to emphasise it beyond any doubt. Home is a basic necessity and houses are more likely than not, the most popular property product and the most active sub sector in the property industry. Its correlation with the number of

World’s Largest IBS Factory in Johor

It was reported that Country Garden Pacific View Sdn Bhd is set to build the world’s largest industrialised building system (IBS) facility at Forest City in Johor. According to International Trade and Industry Minister, Datuk Seri Mustapa Mohamed, the RM2.6 billion project will feature technologies from Germany, Italy and China. Once the factory is completed, Mustapa said it would help the nation reduce dependency on foreign labour, besides becoming more

No Plans to Increase Affordable Homes Price 3

As many as 444 units of affordable homes under the Rumah Mampu Milik Johor (RMMJ) in the form of two-storey townhouse will be built in Zone 2B4, Taman Impian Emas as part of the state government’s target to deliver 60,000 units by the year 2020. The upcoming affordable homes received its groundbreaking ceremony officiated by Johor Menteri Besar, Datuk Seri Mohamed Khaled Nordin, Director of Gunung Impian Development Sdn Bhd,