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Iskandar Malaysia In The News

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8-Jan-2013: UEM Land Berhad and Bandar Nusajaya Development Sdn Bhd have disposed 18-ha of freehold land in Commercial North, Puteri Harbour to Liberty Bridge Sdn Bhd for RM400.79 million cash. For details, please visit http://www.bursamalaysia.com
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14-Jan-2013: Nanyang Siang Pau reported that IRDA is currently in talk with USA's biggest theme park operator to build a US$1 billion 300-acre theme park in Iskandar Malaysia. The theme will be located near Port of Tanjung Pelepas (PTP).

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5-Feb-2013: Singapore-based Link (THM) Group is investing in Medini Media Village which consists of a mega residential and commercial project with an expected gross development value of RM2.5 billion (S$1 billion). Read more: Singapore-based Link (THM) Group Invests in Iskandar Malaysia

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6-Feb-2013: Nanyang Siang Pau reported that both Malaysia and Singapore governments are expected to reach consensus on Malaysia-Singapore Rapid Transit System (RTS) Link between Johor Bahru and Woodlands after the completion of the feasibility study during the bilateral meetings set to take place in Feb 18-19. Read more: Malaysia-Singapore Rapid Transit System (RTS) Link Set To Be Finalized

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18-Feb-2013: The Star's StarBiz reported that Temasek had last year acquired a 30% stake for RM300 million in Central Malaysian Properties Sdn Bhd (CMP), which is developing Lido Boulevard. The source said Temasek planned to increase its stake in CMP, which would lead to a corporate restructuring, including changing the company's name. Read more: Temasek invests in Lido Boulevard?

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18-Feb-2013: The Edge Financial Daily reported that Iskandar Waterfront Holdings Sdn Bhd (IWH), the master developer of parts of Johor Bahru city, and its Singapore partner, CapitaLand Ltd, will jointly develop the Danga Bay project worth between RM4 billion and RM5 billion in gross development value (GDV). Read more: CapitaLand invests in Danga Bay?

 Nusajaya-earmarked-for-KL-SG-hsr-station 25-Feb-2013: The Star reported that Nusajaya in Iskandar Malaysia has been earmarked as one of the three stop stations in Johor for the proposed high-speed rail (HSR) linking Kuala Lumpur and Singapore. Malaysia and Singapore had on 19-Feb-2013 jointly announced their agreement to build the HSR between Singapore and Kuala Lumpur. Read more: Gerbang Nusajaya earmarked for Kuala Lumpur-Singapore high-speed rail (HSR) station?

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7-Dec-2013: The Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia (JMCIM) Meeting on Transport Matters was held at Horizon Hills Golf and Country Club on 6th December 2013 in Nusajaya, Malaysia.
Read more: Final plan for Singapore-Johor Bahru Rapid Transit System (RTS) link by end of 2014

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