Property

International Class Sports Arena in Johor

United Malayan Land Bhd (UMLand) through its wholly owned subsidiary Seri Alam Properties Sdn Bhd (SAP) inked a Memorandum of Understanding (MoU) recently, with Chong Wei Binajaya Sdn Bhd (CWBJ) to develop a part of the proposed Lee Chong Wei International Sports City (LCWISC). The proposed development is on a parcel of converted commercial land with an area of 16.38 acres belonging to SAP. The MoU signifies both parties intention

Real Life Case Studies 2

The Falling Ringgit – Part One The last 24 months have been tumultuous for the Ringgit (RM) vis-à-vis the US (USD) and Singapore Dollar (SGD) with the former falling 10% and 9% per annum respectively against both currencies. Although the effect of the USD is broad across the economy, the rise of the SGD is more pronounced for those in the southern Malaysian state of Johor. Very often one can

A Special Treat For Home Buyers 2

As a gesture of appreciation to home owners, IJM Land’s Bandar Rimbayu launched a privilege programme, Rimbayu Make My Day, at their show gallery, The ARC, recently. An exclusive event for Bandar Rimbayu’s home buyers, the event saw hundreds of home buyers join in family and neighbours for a delightful day out. During the launch, the Bandar Rimbayu community had the opportunity to enjoy quality time with family in a

Special Auxiliary Police Team for Forest City

As Forest City project by Country Garden Pacific View (CGPV) is rapidly progressing, an auxiliary police team for Forest City has been set up and took effect early last month with a mission to instill security and public order in the project area. The team consisting of approximately 260 members, started off with 20 recruits as “Leaders of Country Garden Pacific View (CGPV) Auxiliary Police team”. The number of workforce

Over 1800 Acres of Undeveloped Landbank under UMLand Group 2

UMLand, an award-winning company has two property development divisions namely Township Development and Niche Projects. In addition, UMLand also operates Suasana Suites serviced apartments and a construction division under UMLand Builders Sdn Bhd. Its Niche division has completed several premier residential developments in Kuala Lumpur and Johor, including Somerset Puteri Harbour at Iskandar Puteri. On-going niche projects include Suasana Iskandar Malaysia, a mixed development in Johor Bahru City Centre; Medini

MB World Group Unveils its First Bandar Penawar Township

MB World Group Berhad launched its first township at Taman Sri Penawar in Bandar Penawar, Kota Tinggi with a land bank of 470 acres and expected to meet completion in 7 years. The township has an estimated Gross Development Value (GDV) worth RM1.9 billion and will be spanning with 3300 residential units and 380 commercial lots. “We believe that Taman Sri Penawar is an ideal township for working adults to

A Smoother Drive to an Integrated City 1

Future residents of Pantai Sentral Park are closer to having smoother drives to the commercial, retail and residential enclaves of Petaling Jaya, Kuala Lumpur, Bangsar and Mid Valley City, thanks to the up and coming Pantai Sentral Park interchange. The construction for the 2.8km interchange started last October and will connect Pantai Sentral Park to the New Pantai Express Way (NPE) upon completion in the second quarter of 2018. A

Facts & Figures from UMLand 1

United Malayan Land Bhd (UMLand) organised a four-day Property Carnival at Komtar JBCC to promote the current projects and developments offered by UMLand and to share market reports and sentiments. The carnival featured prominent property speakers such as Low Han Hoe, Senior Manager Investment Advisory Services of Nawawi Tie Leung Sdn Bhd, a multi-disciplinary real estate consultancy firm; Phyllicia Ho, a partner of Syed Alwi, Ng & Co; Dr. Daniele

Johor Landed Property Prices is Expected to Drop

TheEdgeProperty.com reported that Landserve (Johor) Sdn Bhd Executive Director Wee Soon Chit said that property prices could decline up to 30% in Johor after his presentation at the 10th Malaysian Property Summit 2017 that landed residential property prices are on the downtrend. “Landed property prices in new prime areas, such as Iskandar Puteri, have been declining in the past two years at an average pace of 15% to 20%. I

The Australian Property Misadventure – Part Two

Since the Australian authorities have tightened its lending measures to foreigners, George is now faced with a few choices: Option 1: To forego the 5% payment that he has made for the purchase of the property in Perth, Australia. This means he’ll be defaulting on the contract with the developer. However, his future property purchase there (if any) will carry this black mark on his credit score. Option 2: To