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Old February 7th, 2013, 07:00 AM   #5421
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Wow. Can't imagine the skyline in 5 years with sky88
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Old February 7th, 2013, 07:08 AM   #5422
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Singapore developer plans S$1 billion project in Medini Iskandar
The StarBiz | Thursday February 7, 2013
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PETALING JAYA: A plot of land, measuring 5.9 ha, in Medini Iskandar which forms part of Iskandar Malaysia was sold to a Singaporean developer, who plans to turn it into a mixed development hub in five years. The gross development value (GDV) is estimated at S$1 billion (RM2.5bil).

The deal comes hot on the heels of local property developer B&G Capital Resources Bhd snapping up a 3.4-ha site near this plot in Medini, just over a month ago.



“Our project will be known as Media Village@Medini Iskandar and our plot is at the entrance of the US$150mil (RM464.78mil) UK-based Pinewood Studios a film and TV production facility and within the vicinity of Legoland, Hello Kitty and EduCity. We will develop the land into a residential and retail development, and for the retail portion, we have plans to turn it into seven cultural themes (clusters),'' he said.

The idea behind the media village concept depicting a major town/street in each of the seven clusters Malaysia, Japan, Korea, America, India, China and Europe was also a way of providing filming opportunities to Pinewood Studios.

However, the (next) deal to really watch out for is likely to be sealed in a few weeks' time involving the sale of a man-made island in the eastern side of Johor Baru to an influential Singaporean party. The man-made island was created by Iskandar Waterfront Holdings Sdn Bhd (IWH) upon undertaking reclamation works. The land is right smack in Danga Bay and is part of the fisherman's wharf, which is one of the 10 projects being undertaken at Danga Bay.

But come Feb 19, Prime Minister Datuk Seri Najib Tun Razak and his Singaporean counterpart, Lee Hsien Loong, will unveil two significant wellness developments urban wellness and resort wellness at a site in Medini.

From 2006 till the end of 2012, Iskandar Malaysia had attracted RM106.3bil worth of investments, of which 63% was from domestic investors and 37% fom foreign investors.


Read More >>> http://biz.thestar.com.my/news/story...&if_height=651



The media district of Iskandar - Media Medini



Iskandar was featured in the cover story in Financial Times a few days ago.


Singapore eyes Malaysia for cheaper living
Financial Times | February 4, 2013 7:43 am | By Jeremy Grant in Singapore
Quote:
When Tina Ward, a Singaporean mother of two, and her British husband realised they were outgrowing their cramped, government-built apartment in Singapore, they took a gamble.

Instead of trying to find bigger accommodation in the island city-state, the Wards looked across the Singapore Strait to abandoned palm oil plantations on the southern tip of Peninsular Malaysia where land goes for a fraction of what it does on the Singaporean side of the border.

Now, four years later, the family lives in a seven-bedroom mansion with a swimming pool in a community populated by expatriate escapees from Singapore, which is itself just a 30-minute drive away.

“It’s the best decision we made in our lives,” Mrs Ward says.

The Wards were early settlers in Ledang Heights, part of a huge special economic zone called Iskandar that spans a 2,200 sq km area three times the size of Singapore and roughly the size of Luxembourg.

The development of new residential and corporate space will also benefit tiny Singapore, where rising costs are hitting some companies and residents hard. Iskandar, said one consultant, could eventually be for Singapore what New Jersey is to New York’s high-cost Manhattan.

Such have been the attractions of relatively cheap land in Iskandar that it has not only pulled in new residents like the Wards, but also M$105bn (US$35bn) in cumulative investments as of the end of last November, according to the Iskandar Regional Development Authority, which oversees the project.


Healthcare in Iskandar Malaysia

Till Vestring, managing director in the southeast Asia practice at consultancy Bain, suggests that Iskandar and Singapore could develop a “twinning” concept similar to that between New York’s Manhattan district and neighbouring New Jersey state.

“An advantage over India or the Philippines is that operations in Iskandar can be supervised easily from Singapore and remain tightly integrated,” he says.

Keith Martin, chief executive of GC&D, says: “Singapore actually gets a double benefit because its gets the value-added business of having companies headquarters there, but the support space they get in Medini will free up more land in Singapore for more high value-added businesses.”


Read More >>> http://www.ft.com/cms/s/0/a5d2179a-6...#axzz2KBUtm0ar



Education clusters in Iskandar Malaysia
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Old February 7th, 2013, 01:37 PM   #5423
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Quote:
Originally Posted by johorean View Post
setia sky 88 tower A





Will it become the tallest residential building in malaysia???
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Old February 7th, 2013, 02:46 PM   #5424
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i h0pe s0...
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Old February 8th, 2013, 01:47 PM   #5425
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Hotel Renaissance @ Permas Jaya is opening on 15 March!


http://www.facebook.com/johorbahru
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Old February 8th, 2013, 02:36 PM   #5426
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Thanks for the pic Caspian2710
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Old February 8th, 2013, 06:12 PM   #5427
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Quote:
Originally Posted by jb2020 View Post
Will it become the tallest residential building in malaysia???
Vogue Suites One @ KL Eco City will be tallest in KL at 60 storeys.

By the same developer.

But anyhow, Four Seasons Residences in KL will be the tallest (but the whole tower is not just residential). The residential swimming pool is already at over 330m high.
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Old February 9th, 2013, 05:44 AM   #5428
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This was reported on the 7th of February on CNA.

Quote:
S'pore the single largest foreign investor in Iskandar Malaysia
Posted: 07 February 2013 2257 hrs


SINGAPORE: Global Capital & Development (GCD), the lead investor of Medini in Iskandar Malaysia's Nusajaya development zone, says the region has attracted some S$2 billion in investments from Singapore since 2006.

GCD says investment from Singapore in Iskandar Malaysia is set to soar; Singapore is already the single largest foreign investor in the region.

Link (THM) Holdings, a Singapore developer, is the latest firm to invest in Iskandar Malaysia; it announced on Wednesday that it purchased a 5.9-hectare land site from GCD.

Link said that it will build mixed properties on the site, which is worth S$1 billion in gross development value. The project is expected to be completed in three phases over a period of five years.

In a statement issued on Thursday, Mr Keith Martin, who is Chief Executive Officer of GCD, said: "Link (THM) Holdings' development of Media Village @ Medini Iskandar is a catalyst for further business, lifestyle and living activity in Medini. Together with cornerstone investors and existing developments, GCD foresees a significant value increase in the prices of commercial and residential properties in the area."

Mr Martin added that GCD will continue to partner with quality investors to transform Medini into a destination city of global significance.

The company's next focus will be to further engage business park operators on opportunities to fund a SME business park for a wide range of business sectors and services.

Mr Martin said there is clear demand, particularly from Singapore companies, to seek affordable support space in Medini.

- CNA/jc
source: CNA
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Btw, if you can't see the images I posted, I have deleted them.
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Old February 9th, 2013, 07:48 AM   #5429
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Quote:
Originally Posted by Mith252 View Post
This was reported on the 7th of February on CNA.



source: CNA
This Link (THM) Holdings is a pretty small family business; far from being a major player, and only with few bungalow units development in Singapore. I am rather skeptical with this news, and its renderings look too futuristic to be true as well. With their previous track record, it is highly doubtful they have the capability to run such big development. Sorry, it sounds like a bubble news to me.
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Old February 9th, 2013, 06:50 PM   #5430
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Somebody please help me to upload the photos from below link, quite leceh ar to upload using my samsung tab, hehe..latest site progress for urban wellnes project at medini by capitaland also include in the link.

http://www.iskandar.asia/gallery/isk...s-updates.html
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Old February 10th, 2013, 12:45 AM   #5431
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Okay here are the pictures.


http://www.iskandar.asia/gallery/isk...ype=img&id=726

http://www.iskandar.asia/gallery/isk...ype=img&id=727

http://www.iskandar.asia/gallery/isk...ype=img&id=728

http://www.iskandar.asia/gallery/isk...ype=img&id=729

http://www.iskandar.asia/gallery/isk...ype=img&id=730

http://www.iskandar.asia/gallery/isk...ype=img&id=731

http://www.iskandar.asia/gallery/isk...ype=img&id=732

http://www.iskandar.asia/gallery/isk...ype=img&id=733

http://www.iskandar.asia/gallery/isk...ype=img&id=734
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Old February 10th, 2013, 02:22 AM   #5432
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thanks.
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Old February 10th, 2013, 07:33 PM   #5433
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Sky88 Tower A is 70 storeys.

Quote:
Originally Posted by patchay View Post
Vogue Suites One @ KL Eco City will be tallest in KL at 60 storeys.

By the same developer.

But anyhow, Four Seasons Residences in KL will be the tallest (but the whole tower is not just residential). The residential swimming pool is already at over 330m high.
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Old February 10th, 2013, 07:53 PM   #5434
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Elevated walkways to link up JB


JOHOR BARU: JOHOR Baru will be the first city outside of the Klang Valley which will be fully connected by a network of elevated pedestrian walkways linking major buildings in the city centre.

Unlike the RM100 million (S$40 million) KLCC-Bukit Bintang walkway which opened in January last year, the elevated pedestrian link here is more tourist-friendly as it will link the Customs, Immigration and Quarantine Complex at Sultan Iskandar Building to tourist attractions and major buildings.

read more: http://www.nst.com.my/nation/general...up-jb-1.212179
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Old February 10th, 2013, 08:09 PM   #5435
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Quote:
Originally Posted by one688easy View Post
Sky88 Tower A is 70 storeys.
70 VS 65 (four seasons).. Sky88 Tower A could possibly be a supertall.
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Old February 10th, 2013, 08:16 PM   #5436
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Quote:
Originally Posted by World 2 World View Post
Elevated walkways to link up JB


JOHOR BARU: JOHOR Baru will be the first city outside of the Klang Valley which will be fully connected by a network of elevated pedestrian walkways linking major buildings in the city centre.

Unlike the RM100 million (S$40 million) KLCC-Bukit Bintang walkway which opened in January last year, the elevated pedestrian link here is more tourist-friendly as it will link the Customs, Immigration and Quarantine Complex at Sultan Iskandar Building to tourist attractions and major buildings.

read more: http://www.nst.com.my/nation/general...up-jb-1.212179
that walkway is just nicer than in KLCC!
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Old February 11th, 2013, 09:41 PM   #5437
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Fudge yea!!!
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Old February 12th, 2013, 07:35 PM   #5438
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so much better than KLCC
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Old February 14th, 2013, 05:17 AM   #5439
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IWH, JCorp to build affordable homes

JOHOR BARU: Johor Corp (JCorp) and Iskandar Waterfront Holdings Sdn Bhd (IWH) will jointly develop 8,300 units of affordable houses under the 1Malaysia Housing Programme.

The construction of the new houses will begin late this year and complete by late 2015. They will be made available to eligible applicants in nine locations within the Johor Baru district.

IWH managing director Tan Sri Lim Kang Hoo said there would be a good choice of apartments, townhouses or detached single-storey houses to match individual budgets and family requirements.

“The location of the projects in sub-urban areas was carefully selected for easy accessibility to the city here and to provide a ready pool of labour to neighbouring industries and the services sector, “ he said in a statement.

The houses would be built in prime locations with good road connectivity and public amenities, he added. — Bernama
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Old February 15th, 2013, 03:10 AM   #5440
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Iskandar Waterfront IPO hopes to lock in some global property, investment names
By WONG WEI-SHEN Friday February 15, 2013
http://biz.thestar.com.my/news/story...&if_height=202



PETALING JAYA: The impending mega initial public offering (IPO) of Iskandar Waterfront Holdings Sdn Bhd (IWH) is hoping to lock in some global names in the property and investment world as cornerstone investors, people familiar with the process told StarBiz.

Among possible candidates are Singapore's Temasek Holdings Pte Ltd as well as its associate company CapitaLand Ltd, one of Asia's largest real estate companies.

Also being wooed are Hong Kong investors in the likes of Malaysian tycoon Robert Kuok and other players there.

The Kuok group has diverse business interests as well as a significant property division under Kerry Holdings Ltd that has projects in Hong Kong, Macau, China and Australia.

Aside from these, IWH is also wooing big funds in the United States such as BlackRock Inc and Franklin Templeton.

BlackRock is a fund-management company based in New York with more than US$3 trillion (RM9.27 trillion) under management. Investment firm Franklin Templeton is headquartered in California and has more than US$800bil worth of assets under management.

The IWH IPO, slated for a listing in the middle of this year, is set to raise close to RM1bil. However, some reports have indicated that the figure could be much higher.

Insiders also said that some familiar names from the list of IHH Healthcare Bhd investors may potentially emerge in IWH's listing as well, such as Vanguard Group Inc, Bank of New York Mellon Corp and Morgan Stanley.

Both the Employees Provident Fund and Khazanah Nasional Bhd have indirect stakes in IWH, held via Iskandar Investment Bhd.

IWH's vision is to create an international waterfront destination. It has some 1,619ha in Iskandar Malaysia, Johor, which comprises three main areas: Danga Bay, Johor Baru City Centre and Tebrau Coast.

IWH is 60% owned by tycoon Tan Sri Lim Kang Hoo via Credence Resources Sdn Bhd. The Johor government, through Kumpulan Prasarana Rakyat Johor, holds the remaining 40% stake.

However, sources told StarBiz that this structure could change in the process of readying IWH for its mega listing.

IWH's waterfront project will have a reported gross development value of about RM80bil. When completed, Iskandar Waterfront will be a waterfront city fronting Singapore.

The listing of IWH will see it joining about 10 master developers worldwide that are public listed, such as the Philippines' Ayala Corp and Japan's Mitsubishi Estate Co Ltd.

Some sceptics are questioning the attractiveness of IWH to investors on the basis that it is seen as a “one-project real estate company”.

On the other hand, bankers who are more bullish about the deal reckon that there are many reasons investors would be keen to have a slice of IWH. These include IWH land's proximity to land-starved Singapore and the high plot ratios that IWH has in comparison to companies like UEM Land Holdings Bhd.
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