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Iskandar Malaysia a City of Fast Moving Development

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Iskandar Malaysia a City of Fast Moving Development EXCLUSIVE REPORT ISKANDAR MALAYSIA A CITY OF FAST MOVING DEVELOPMENT Iskandar Malaysia is the main southern development corridor in Johor. With a target achievement of 2025, Iskandar Malaysia plans to become an internationally competitive and resilient region. Positioned as South East Asia’s premier specialty terminal, Flagship D is home to Tanjung Langsat Port and Johor Port – boosting trades with the likes of Singapore and other countries. In this issue, Property Hunter highlights the prominence of flagship zones A & D in Johor. Aerial view of Sultan Iskandar CIQ, photo courtesy of IRDA www.PropertyHunter.com.my 1 EXCLUSIVE REPORT ISKANDAR MALAYSIA THE MAIN SOUTHERN DEVELOPMENT CORRIDOR IN JOHOR Iskandar Malaysia is set to become Southern Peninsular Malaysia’s most developed region where living, entertainment, environment and business impeccably converge within a bustling metropolis. View of Danga Bay, photo courtesy of Iskandar Waterfront Holdings FLAGSHIP A: JOHOR Flagship A covers 18,433 acres, Johor Bahru, originally called Tanjung to the present Johor Bahru railway with its vicinity, makes it one of the 2018) and Iskandar Malaysia. Another CENTRAL BUSINESS confined by Pasir Gudang highway Puteri was founded in 1855 by station has strengthened its function fastest growing cities of Malaysia. Light Rapid Transit hub (serving fast up north, Sungai Tebrau to the east, Temenggong Daeng Ibrahim. The city as the southern gateway of Malaysia, and light mass transport) is also DISTRICT (CBD) Sungai Skudai to the west and the centre is now the primary area for making it the largest custom and In 2015, an influx of approximately scheduled to be built at Kempas Straits of Johor. Other than Johor commercial and trading activities. Its immigration centre in the country. twenty million visitors were anticipated Interchange to serve as the transport Johor Bahru City Centre is Flagship Bahru city centre, the key areas in role as an administrative centre is to visit Iskandar. It is also anticipated hub for Southern Johor and Iskandar Zone A, a development of a new Flagship A are the industrial area of shared with Kota Iskandar, the new Johor Bahru City, also known as JB, is a that there will be further development Malaysia. financial district, the central business Tampoi, and the mixed residential and state administrative centre for the quarter size of neighboring Singapore of a rapid transit hub at the doorsteps district, the waterfront city of Danga commercial areas of Pelangi, Larkin, state of Johor. The completion of and has about a million residents. of the CIQ to be a connection point Bay, a mixed development in Tebrau Majidee, Tebrau and Danga Bay. Sultan Iskandar Customs, Immigration There are about another two million between the Singapore Mass Rapid Plentong and the Malaysia/Singapore and Quarantine Complex in 2008 next staying in its outskirts and together Transit (scheduled to be operational by Causeway. 2 www.PropertyHunter.com.my www.PropertyHunter.com.my 3 EXCLUSIVE REPORT KEY LANDMARKS in addition to supporting the water international and local products all Airport and Singapore Airport, which are For Flagship A: cargo imports and exports via pipeline system into Singapore. On a compete for attention. also major entry points into Malaysia Rapid Transit System (RTS) is the Changi Airport. Danga Bay typical day, it carries approximately and Singapore, respectively. hero. Forget High Speed Rail (HSR). Danga Bay or Teluk Danga is the largest 60,000 vehicles. Sultan Ibrahim Building, Bukit RTS is expected to operate in 2019, There are speculations on a recreational park in the city of Johor Timbalan The CIQ, which was unveiled to the meanwhile citizens will see the development of an internal bridge from Bahru. Many interesting events are held Istana Bukit Serene Constructed in the 1940s, the Sultan public in 2008, is a very large complex completion of HSR in 2026, some 10 somewhere within close proximity of there especially during festive seasons. Istana Bukit Serene in Johor is the Ibrahim Building dominates the Johor at the causeway to Singapore that years from now. The RTS will see Bukit Tanjung Langsat to the West-East sea Danga Bay is also sometimes referred to palace of the Sultanate of Johor. The Bahru skyline. The Japanese army used accommodates Malaysian customs Chagar as the terminating station, across, to link Pengerang and Desaru, as the “Vision City of the South”. Danga palace is located on high ground and it during World War II in their final checks for cars, trucks, buses and the which links Johor Bahru and Singapore. ensuring better and easier accessibility. Bay Phase 1 makes up 240 acres of an has a 35-metre high tower. The Istana assault on Singapore. The Saracenic JB Sentral train station. CEO of Ho integrated Waterfront Development Bukit Serene was built in 1938 and is the character and mosaic detail make this Chin Soon, Ishmael Ho, said “since For Flagship D: comprising financial, commercial, official residence of the Sultan of Johor. one of the most interesting buildings in time immemorial, human beings were Many forgotten that several months residential, lifestyle, leisure and family- Johor Bahru. inclined towards places of livelihood. ago in a Star Interview, the Sultan Sources: City Centre oriented tourism development. In today’s milieu, people gravitate to himself, Sultan Ibrahim Ismail, hinted of Given city status in 1994, Johor Bahru Customs, Immigration and economic activity areas”. a 3rd bridge, connecting a district from 1. https://iskandardevelopment. wordpress.com/2013/07/09/ The Causeway is a fast growing city. Latest census Quarantine Complex (CIQ) Stulang Laut Johor towards Changi flagship-a-iskandar-malaysia/, The Johor-Singapore Causeway is a figures indicate that it is fast becoming Located at Bukit Cagar, the Customs, As Iskandar Malaysia’s economy is Airport. Having a 3rd bridge will pose a 2. http://www.iskandarproject.com/ 1,056 metre causeway that links the Malaysia’s second largest city, with a Immigration and Quarantine Complex tied closely with Singapore, proximity great deal of advantages for example: flagshipa.html, city of Johor Bahru in Malaysia across population of over 1 million. Shopping (CIQ), occupies an area of 232,237 is important. Distance and travelling the Straits of Johor to the town of opportunities flourish in Johor Bahru. square metres. It is the largest of its kind period play an important role in terms 1. Better land connectivity 3. https://iskandardevelopment. Woodlands in Singapore. It serves Modern malls, arcades, handicraft in Malaysia. Comparisons have been of proximity. wordpress.com/2013/07/09/ flagship-a-iskandar-malaysia/ as a road, rail and pedestrian link, centres, bazaars and markets offering made to Kuala Lumpur International 2. Benefit industrialists for their air 4 www.PropertyHunter.com.my www.PropertyHunter.com.my 5 EXCLUSIVE REPORT FLAGSHIP D: EASTERN linkages and a complete ecosystem warehousing. Johor Port is a subsidiary The 1,000-acre port, operated by Other Key Developments for This is the core of Johor Bahru and is GATE DEVELOPMENT with high value added and employment of MMC Corporation Berhad. Tanjung Langsat Port Sdn. Bhd. (TLP), Flagship A a prime location for Residential and contribution to the region. Not all a wholly owned subsidiary of JCorp, is Commercial properties. Furthermore JB’s Flagship D covers Pasir Gudang Port, core sectors are strong and vibrant, The port itself was established in 1977 a dedicated and steadfast port with Ibrahim International Business first Grade A office building at Komtar Pasir Gudang Industrial Park, Tanjung thus further actions are needed to under a government authority and all the ability to meet the demand for District (IIBD): JBCC will be available soon. Langsat Port and Tanjung Langsat strengthen them. operations were fully privatized in 1995 petroleum, petrochemical, edible oil Regeneration project for the Johor Industrial Complex. under JPB. Being a part of the MMC and bulk dry cargo handling facilities. Bahru CBD. Including the Sungai Flagship D however sees Mah Sing’s EMERGING SECTORS group of companies, the company Endowed with a 4.5-kilometre shoreline Senget Transformation project, and the Meridin East and EcoWorld’s Eco Tropic This township is set to be a high managed to prove itself as a capable ideal for O&G and marine-related development of Coronation Square, developments popular with the market. growth region driven by the services Finance, Insurance, operator and a profitable venture. The industries, the port’s development a RM3 billion GDV mixed residential, These project have products in a more Real Estate & Business reasons behind its success are: affordable spectrum and is seeing a sectors and with continuous support Services (FIREBS) is divided into four zones – storage commercial and medical suite from selected manufacturing sectors terminals, oilfield services & equipment development. good response. Located between the • Customer Focus. JPB uses every especially the existing key economic Creative (OFSE), regional marine supply base and business district of Flagship A and the drivers, namely electrical and electronics new requirement as a catalyst for offshore fabrication maritime hub. High Speed Rail and Rapid Transport RAPID development over in Pengerang, (E&E), oleochemical, petrochemical and the further development of its System: Flagship D is in a strategic position food processing. Flagship D has the Health Services infrastructure. Every new customer Property Outlook Both are vital infrastructure upgrades Sources: largest concentration of palm oil refining entering the port becomes part of a As quoted on the Iskandar Malaysia aimed at improving travel between industries and downstream activities in valued community working towards website, “Iskandar Malaysia houses are Singapore, Iskandar Malaysia and 1. http://iskandarmalaysia.com.my/ Education Services the world. their shared development. generally built with the greening nature Kuala Lumpur. These projects when promoted-sectors/, in mind because we know, you just completed will be greatly beneficial to 2.
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