Johor Investment outlook, some salient points
The HSR project, first proposed by Malaysia in 2013, is a 350km line that would have slashed rail travel time between Singapore and Kuala Lumpur to 90 minutes. Despite the RM72 billions project has been postponed, however at such moment it would be a good pacifier for the investors whom are awaiting golden opportunities. The postpone of HSR has put a halt for speculators and open up for chances for real investors
Johor plans to build a third link bridge in Sungai Rengit in Pengerang, Kota Tinggi district, to ease the traffic congestions at the Johor Causeway and the Second Link Crossing.
Mentri Besar Datuk Osman Sapian on 30/08/2018, said the bridge would link the southeast part of Johor with Pulau Ubin in Singapore.
He said the state government was in talks with a company which had shown a strong interest in undertaking the project.
"If everything goes as planned, we could see the bridge taking place within the next three to four years," said Osman.
He said the project would further boost development and economic activities in Pengerang, on top of the on-going multi-billion ringgit integrated petrochemical complex.
Singapore third link bridge news. Malaysia and Singapore are in dire need of a third bridge. On Singapore Facebook Page public comment. “I don't see much benefit to us Singaporean”. Our roads are already very congested. We are not a big country like Malaysia. Singapore on the third link bridge on discussion. One of the Dato Seri Goh Cheng Poh list investment outlook.
GCP Resources Sdn Bhd owns a piece of 5 acres’ industry land worth RM30million, located in Prime area of Skudai, Batu 8 ½ since 2016.
The land is constructed with 3 blocks of industrial buildings (Blok A, B & C) where Blok A comprises of 28 badminton court while Blok B comprises 6 futsal courts, known as “Hot Sport Arena”. Blok C premise is now operating as a food court restaurant and steamboat restaurant with a gross floor area of 12,000 sq ft, accommodating more than 100 tables.
Due to the strategic location, the sport complex is now being the top selection of most sport lovers and also the place for annual sport events by nearby primary & secondary schools as well as the training grounds for school’s badminton team.
The land acquisition is part of the Group’s intention to keep land bank for future mixed development use. The 5 acres land for mixed development shall carry a Gross Development Value of circa RM80 millions.
Incorporated on 06/10/2009, the company is an investment arm cum property management and hotel operation for one of the Goh families’ diversification portfolio into hospitality industry. Started in 2009, the company has acquired a piece of land cum a 10 storey boutique hotel building with 78 rooms capacity in Batu Pahat, known as “Silver Inn Hotel”.
There is a great potential for hotel & tourism development where the Group is actively looking for partnership with international hotel management team for upgrading to become 4-5 star hotels within the Batu Pahat area, by knowing there is currently only one 4-star rated Hotel in Batu Pahat.
In addition, the company is also an investment arm for property investment and invested in residential & commercial properties. Within 5 years’ time, the company has a vast investment in prime location properties, ie: KL & Johor with total initial investment of RM20m and todate, the total investment value of properties has exceeded RM30m due to value appreciation.