GOOD PROSPECTS FOR CANADIAN FIRMS TO INVEST IN ISKANDAR MALAYSIA, SAYS ENVOY
JOHOR BAHARU, April 29 (Bernama)
Canadian High Commissioner to Malaysia Randolph Mank sees positive prospects for Canadian firms to invest in the southern development corridor, Iskandar Malaysia.
Impressed with the breathtaking growth of the area, Mank said Iskandar Malaysia should be marketed in Canada to attract investors from the country. “Currently, we cannot predict specifically what investors would be interested in Iskandar Malaysia, but we will ensure that they are informed of this emerging southern economic corridor,” he told a luncheon talk with journalists here today.
Mank arrived here yesterday for a two-day working visit on the recommendation
by the Malaysian High Commissioner to Canada Datuk Hayati Ismail. Mank, who was posted to Malaysia in August last year, praised Port of Tanjung Pelepas (PTP) for its capacity to handle high volume containers, even higher than that handled by the Port Metro Vancouver, the biggest port in Canada.
PTP’s container volume last year was 6.5 million TEUs as compared to Port Metro
Vancouver’s 2.5 million TEUs.
-- MORE
FJM TOM
Residential property boom in Johor Baru
By Presenna Nambiar
Published: 2011/05/03
Johor Baru: The prices of residential properties have risen by an average of 40per cent since 2006, in a city which used to suffer from an overhang of properties.
For example, Casa Almyra, a project by Danga Sdn Bhd, has seen prices go up to RM800,000 from RM450,000 in 2006.
KGV-Lambert Smith Hampton (Johor) Sdn Bhd executive director Samuel Tan said while transaction volume has not been very exciting, value of transactions have grown by leaps and bounds in the Iskandar region.
He said property owners and buyers can expect property prices in Johor Baru to rise by a further 10-20 per cent by end of 2011, on increased costs alone.
The price of commercial land in areas like Jalan Datuk Abdullah Tahir, Danga Bay and Tebrau area have also more than doubled since 2006.
More than half of these buyers are now locals.
"People are land-banking in Johor Baru because they see something in Iskandar Malaysia," Tan said.
Property developers seem to be subscribing to this theory, considering the influx of property developers to Johor Baru.
Established players like SP Setia Bhd have no less than four simultaneous projects in Iskandar, while Bandar Raya Developments Bhd and IOI Properties have also launched major developments.
Some RM28.26 billion property development projects have been approved since 2006.
"If we used to count the number of property developers who are here, now its easier to count those who are not here," Danga Bay Sdn Bhd chief executive officer Datuk Lim Kang Hoo said, adding that the heightened interest has helped revive some 90 per cent of stalled commercial and residential projects in Johor Baru.
Menteri Besar Datuk Abdul Ghani Othman said the spurt in economic activity is a boon for the man in the street, as evidenced by higher wages, improved business opportunities and better living standards
他说，在马新两国的《马来亚铁道公司在新加坡土地发展协议要点》（Points of Agreement++，简称POA++）方案下，马新两国除了联合发展马来亚铁道公司在新加坡的土地，以及将新加坡丹戎巴葛火车站迁移到兀兰外，马新两国高层代表也一直在讨论共同发展双边的计划，包括共同建设从新山到新加坡的轻快铁，以及增加川行两国间的公共巴士服务，让两国人民受惠。
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