Johor Bahru

Broker's Calls

DBS picks FCT and DFI as its retail picks ahead of JB-Singapore RTS opening at end 2026

After the opening, analysts estimate an incremental annual retail leakage to JB of $1.5-$2.1 bil in the medium term.
Malaysia to go it alone with HSR project, pay RM300m compensation to Singapore — source - THE EDGE SINGAPORE

Singapore-Malaysia spats

Malaysia to go it alone with HSR project, pay RM300m compensation to Singapore — source

This is in line with previous media reports that the railway project will proceed without Singapore.

Malaysia

Mahathir says US$100 bil Forest City Project in JB off limits to foreigners

(Aug 27): Malaysian Prime Minister Mahathir Mohamad on Monday declared that foreigners will not be granted visas to live in the giant Forest City real estate project on the country’s southern tip, a major threat to the marketing strategy for the develop

Malaysia approves a Singapore rail link, for now

SINGAPORE (Aug 1): Malaysia’s new government has called into question the future of multibillion-dollar rail projects since Mahathir Mohamad took power in May. Now it appears to be ready to proceed with at least one.

M&A

Tiong Seng acquires two vacant land plots in Johor for $10 mil

SINGAPORE (June 18): Construction group Tiong Seng Holdings says its subsidiary Robin Village Development has agreed to fully acquire Malaysia-incorporated firm Kinsbina – which in turn owns two vacant plots of land in Mukim Rimba Terjun, Daerah Pontian

M&A

Pavillon buys JB commercial complex for $16.7 mil

SINGAPORE (Sept 18): Pavillon Holdings is acquiring units in a commercial complex and land in JB for investment purposes.

Chinese-built US$100 bil city near Singapore ‘scares everybody’

(Nov 22): The landscaped lawns and flowering shrubs of Country Garden Holdings Co.’s huge property showroom in southern Malaysia end abruptly at a small wire fence. Beyond, a desert of dirt stretches into the distance, filled with cranes and piling towe

SUTL Enterprise wins new marina management contracts in Indonesia, China

SINGAPORE (Sept 28): SUTL Enterprise is adding Indonesia and China to its ONE15 network of marinas, bringing the total from two to four.

A kick in the teeth for Q&M Dental

SINGAPORE (July 14): Maybank Kim Eng is reiterating its “buy” recommendation and target price of $1.08 for Q&M Dental Group despite detecting accounting improprieties at its Johor Bahru clinics.
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