Iskandar Malaysia was launched in November 2006 with the aim of developing the southern Johor region into a strong and sustainable metropolis of international standing. With a total area of 2,217 sq km, the region will have five flagship zones including the Johor Baru City Centre, Nusajaya and Senai-Skudai, and will incorporate work, live and play elements. A number of key projects have been planned to...
Iskandar Development Region (IDR)
Singapore property investors are now moving across the Causeway in search for new opportunities. This has caused residential property prices in Johor's Iskandar region to climb almost four fold since they were launched some 5 years ago. A bungalow in Horizon Hills which cost about RM1 million (S$400,000) about 4 years ago now costs about RM5 million. Meanwhile, land plots for bungalow developments in...
Singaporean billionaire investor Peter Lim plans to invest up to three billion ringgit more in Johor's Iskandar region over the next few years. He said he is currently looking at another one or two more projects in the area, but declined to disclose more details. Speaking at the sidelines of a press conference at the World Islamic Economic Forum in Johor Bahru, Mr Lim said his investments would be real...
The developer of Medini, the flagship site under Malaysia's Iskandar Development Region in Johor, is stepping up efforts to attract investments. A sales and marketing programme will officially kick off in the first half of 2011, in neighbouring Singapore and one of the key targets will be small and medium enterprises. The company in charge of developing the site, will also look at other ways to boost...
Malaysia's southern economic region Iskandar expects strong investment flow from neighbouring Singapore, despite an expected economic slowdown in the second half of the year. In an interview with Channel NewsAsia, the CEO of Iskandar Investment, Arlida Ariff, said she hopes to ride on improved bilateral ties to woo Singapore investments. Spanning over 2,200 square kilometres, the Iskandar economic region...
The Iskandar Malaysia project will go ahead as planned, Malaysia's High Commissioner to Singapore N Parameswaran said on Thursday. Malaysian Prime Minister Abdullah Badawi's poor showing in the recent general elections has left investors concerned about his pet project - Iskandar Malaysia, which was launched in late 2006. However, the High Commissioner noted that the project - a special economic zone...