The SFO scheme in Forest City is backed by a zero-tax incentive—first announced in September 2024—targeted at attracting ultra-high-net-worth individuals and family investment entities into Malaysia.
The fully sold two-storey linked homes are part of the City of Elmina township, with a gross development value of RM198.
The JS-SEZ must “never depend on the sitting administration of the day, or the whims and desires of individual politicians”, Minister of Economy Datuk Seri Mohd Rafizi Ramli said.
The blueprint will serve as a "one-stop document" for potential investors, regulators, and the public, offering greater clarity on the fiscal incentives, strategic direction and development roadmap for the special economic zone, said Minister of Economy Datuk Seri Mohd Rafizi Ramli on Monday.
The signatories include Malayan Banking Bhd, CIMB Group Holdings Bhd, CGS International, Sumitomo Mitsui Banking Malaysia, Bank of America Malaysia, and HSBC Malaysia.
Landserve (Johor) Sdn Bhd executive director Wee Soon Chit said things have "gone crazy", referring to skyrocketing land transactions in Johor Bahru driven by the upcoming RTS Link to Singapore.
Despite the lack of spaces specifically dedicated to youth, young adults should take a proactive approach to claiming public spaces.
The expansion at the southern tip of Gamuda Cove will allow the company to develop landed homes and commercial properties with a gross development value of RM2.
The price tag took into account the property’s net book value at end-March 2024 of RM3.
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