don't see any construction at pandan over sg tebrau. but saw some road widening at the pasir gudang stretch heading west before the tebrau industrial estate
AH water theme park posters say 'opening in 2014' but place looks dead.
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New developments to share
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don't see any construction at pandan over sg tebrau. but saw some road widening at the pasir gudang stretch heading west before the tebrau industrial estate
AH water theme park posters say 'opening in 2014' but place looks dead.
So the peak hour jam will continue... Probably the Austin Heights water theme park got overtook by LEGOLAND water theme park that opened in Oct 2013. It could be avoiding operational losses by delaying the opening. From the article below, AH developers seems to have a lot more land in Austin Heights for future development. If the Tebrau area becomes more occupied by 2015, there is a good chance that the water theme park will be open in 2015. http://www.thesundaily.my/news/853338
In the direction from Tebrau to town, right at the Pandan Bridge, there are some works on the left over Sg Tebrau, but not sure if its related to the upgrading works.
Actually I think there are a no of exciting announcements/soon to announce developments:-
1) Southkey Midvalley (confirmed)
2) Pandan Bridge & Pasir Gudang Bridge widening (confirmed)
3) JB RTS (confirmed)
4) Johor Bahru- Pasir Gudang new elevated expressway (JOPGEX) (under planning)
5) Ikea Tebrau (under planning)
I also see quite a no.of new shophouses all over the various Plentong/Tebrau Tamans.... JB is transforming before us. Just that it takes quite a while, say 5-10 years before it becomes a metropolis.
Third Link of Pengerang-Singapore Re-proposed
MALAYSIA is studying the possibility of building a third link between Johor and Singapore in view of the increasing volume of movement between both countries, says Works Minister Datuk Fadillah Yusof. The proposedbridge will be the third link between Malaysia and Singapore after the Causeway and the Tanjung Kupang-Tuas Second Link. Both the Causeway and Second Link are currently heavily utilised because of massive development taking shape in Iskandar Malaysia, where Singapore’s Temasek Holdings Pte Ltd is also involved.
The proposed third bridge was among the key bilateral issues discussed between Prime Minister Datuk Seri Najib Razak and his Singapore counterpart, Lee Hsien Loong, in May 2009. Najib proposed the bridge linking the eastern side of Johor, from Desaru and Pengerang to Changi in Singapore to facilitate
movement of people, goods and services.
It will complement future development in the less-developed Pengerang and Desaru areas. “We are open to the idea and will study all options. Anyone from the private sector can put up proposals to facilitate us with our decision making,” Fadillah said after opening the International Conference on Highways here. He said if the project was given the go-ahead, it will be implemented on a government-to-government basis as both countries would be involved in the development, with the private sector financing the Malaysian side.
Meanwhile, Construction Industry Development Board chief executive officer Datuk Sri Dr Judin Abdul Karim said total construction value for this year was expected to be RM110 billion compared with RM120 billion last year.
Sent from my iPad
MALAYSIA is studying the possibility of building a third link between Johor and Singapore in view of the increasing volume of movement between both countries, says Works Minister Datuk Fadillah Yusof. The proposedbridge will be the third link between Malaysia and Singapore after the Causeway and the Tanjung Kupang-Tuas Second Link. Both the Causeway and Second Link are currently heavily utilised because of massive development taking shape in Iskandar Malaysia, where Singapore’s Temasek Holdings Pte Ltd is also involved.
The proposed third bridge was among the key bilateral issues discussed between Prime Minister Datuk Seri Najib Razak and his Singapore counterpart, Lee Hsien Loong, in May 2009. Najib proposed the bridge linking the eastern side of Johor, from Desaru and Pengerang to Changi in Singapore to facilitate
movement of people, goods and services.
It will complement future development in the less-developed Pengerang and Desaru areas. “We are open to the idea and will study all options. Anyone from the private sector can put up proposals to facilitate us with our decision making,” Fadillah said after opening the International Conference on Highways here. He said if the project was given the go-ahead, it will be implemented on a government-to-government basis as both countries would be involved in the development, with the private sector financing the Malaysian side.
Meanwhile, Construction Industry Development Board chief executive officer Datuk Sri Dr Judin Abdul Karim said total construction value for this year was expected to be RM110 billion compared with RM120 billion last year.
Sent from my iPad
What is Johor's bargaining chip this time? This idea is a bit far-fetch to me. Expanding the number of counters at 1st and 2nd links is more cost-effective.
ò
What is the Jopgex?
What is the Jopgex?
Expect humdrum H1 for KL property market: report
Industry body chief says curbs have put rampant speculation to a stop
PUBLISHED JANUARY 15, 2014
[PETALING JAYA] The property market might need at least two years to digest and recover from the various cooling measures that came into effect this month, but expect it to surge again in 2016, say industry officials.
According to Malaysian Institute of Estate Agents president Siva Shanker, 2014 will be a tough year for sales, but the market may find its footing next year and catch the next upcycle in 2016.
"The market ground to a standstill after Budget 2014. There was a knee-jerk reaction in sales," Mr Shanker, who is also CEO-agency of property consultancy PPC International, told StarBiz, the business section of the Malaysian daily The Star. "It will probably stay in the doldrums for the first half of 2014. The second half may be better."
He believes that rampant speculation over the past few years in the primary market, resulting in "far more properties bought than needed", had been put to a stop by the new curbs.
"The days of 20-40 per cent appreciation in property prices after only a few years are over. It is no more a joy to speculate," he said.
Even so, he sees the secondary market, which he said had languished for years, regaining its lustre.
"A new launch in Bangsar could set you back RM1,500 (S$583) per square foot, compared to RM800-1,000 per sq ft for an existing property. The discount goes up to 50 per cent in some prime areas," he said.
An analyst with TA Research said that unlike previous years, many listed developers had held back on their 2014 sales targets - a departure from their usual forward guidance in December - until a clearer picture emerges from the effects of Budget 2014 and other tightening measures.
The exception is Mah Sing Group, which is aiming for a 20 per cent increase in sales this year to RM3.6 billion.
According to the analyst, policy uncertainty on several fronts - such as whether Iskandar Malaysia's Medini is exempt from real property gains tax, or the pricing of bank loans using the net selling price of a property - remains an overhang on the market.
"The sector's fundamentals are intact, but in terms of share prices, the catalysts are lacking," she said.
Property players have noticed a marked slowdown in sales since the various curbs were put in place, although it is unclear by how much.
A number of high-end launches were also shelved, as developers switch their focus to the affordable segment of the market, where demand is more resilient.
Some of the projects launched post-Budget 2014 include block B of YTL Land & Development's Fennel@Sentul East condominiums, which saw a take-up of 80 per cent soon after it was opened for sale in mid-November, while tower A and B of Sunway's Geo Residences were 85 per cent sold within two weeks, HwangDBS Vickers Research noted.
In Iskandar Malaysia, however, the response to UEM Sunrise's Almas Suites and WCT Holdings' Medini Signature Tower 2 have been lukewarm, Maybank IB Research said in a report last week.
CIMB Research is more upbeat. It expects buying interest to return in the first half of this year, albeit gradually. Hong Leong Investment Bank Research, which believes the market will stage a recovery in the second half of the year, advocates a buy-on-weakness strategy.
http://www.businesstimes.com.sg/pre...humdrum-h1-kl-property-market-report-20140115
Industry body chief says curbs have put rampant speculation to a stop
PUBLISHED JANUARY 15, 2014
[PETALING JAYA] The property market might need at least two years to digest and recover from the various cooling measures that came into effect this month, but expect it to surge again in 2016, say industry officials.
According to Malaysian Institute of Estate Agents president Siva Shanker, 2014 will be a tough year for sales, but the market may find its footing next year and catch the next upcycle in 2016.
"The market ground to a standstill after Budget 2014. There was a knee-jerk reaction in sales," Mr Shanker, who is also CEO-agency of property consultancy PPC International, told StarBiz, the business section of the Malaysian daily The Star. "It will probably stay in the doldrums for the first half of 2014. The second half may be better."
He believes that rampant speculation over the past few years in the primary market, resulting in "far more properties bought than needed", had been put to a stop by the new curbs.
"The days of 20-40 per cent appreciation in property prices after only a few years are over. It is no more a joy to speculate," he said.
Even so, he sees the secondary market, which he said had languished for years, regaining its lustre.
"A new launch in Bangsar could set you back RM1,500 (S$583) per square foot, compared to RM800-1,000 per sq ft for an existing property. The discount goes up to 50 per cent in some prime areas," he said.
An analyst with TA Research said that unlike previous years, many listed developers had held back on their 2014 sales targets - a departure from their usual forward guidance in December - until a clearer picture emerges from the effects of Budget 2014 and other tightening measures.
The exception is Mah Sing Group, which is aiming for a 20 per cent increase in sales this year to RM3.6 billion.
According to the analyst, policy uncertainty on several fronts - such as whether Iskandar Malaysia's Medini is exempt from real property gains tax, or the pricing of bank loans using the net selling price of a property - remains an overhang on the market.
"The sector's fundamentals are intact, but in terms of share prices, the catalysts are lacking," she said.
Property players have noticed a marked slowdown in sales since the various curbs were put in place, although it is unclear by how much.
A number of high-end launches were also shelved, as developers switch their focus to the affordable segment of the market, where demand is more resilient.
Some of the projects launched post-Budget 2014 include block B of YTL Land & Development's Fennel@Sentul East condominiums, which saw a take-up of 80 per cent soon after it was opened for sale in mid-November, while tower A and B of Sunway's Geo Residences were 85 per cent sold within two weeks, HwangDBS Vickers Research noted.
In Iskandar Malaysia, however, the response to UEM Sunrise's Almas Suites and WCT Holdings' Medini Signature Tower 2 have been lukewarm, Maybank IB Research said in a report last week.
CIMB Research is more upbeat. It expects buying interest to return in the first half of this year, albeit gradually. Hong Leong Investment Bank Research, which believes the market will stage a recovery in the second half of the year, advocates a buy-on-weakness strategy.
http://www.businesstimes.com.sg/pre...humdrum-h1-kl-property-market-report-20140115
An expressway: http://myjasonwong5e.blogspot.sg/2014/01/the-johor-bahru-pasir-gudang-elevated.html (tolls!)
Tanjung Langsat Port could get 7 new investors
PUBLISHED JANUARY 15, 2014
[PASIR GUDANG] Johor Corp Bhd expects to attract up to seven new regional and international investors to its Tanjung Langsat Port upon the completion of two new berths.
Its unit, Tanjung Langsat Port Sdn Bhd (TLP), is in talks with the potential investors and could be looking at a 20 per cent revenue increase if the deals pan out, according to Malaysia's Business Times.
"We are in talks with the potential investors and we hope the deal can be concluded by year-end," TLP chief executive officer Johari Shukri Jamil said at a media briefing last week.
Mr Johari Shukri said the RM115.8 million (S$44.9 million) Berth 8 and Berth 9, which have a total length of 2.07km, are expected to start commissioning by April 1.
The new berths will boost TLP's liquid cargo capacity from 18 million cubic metres a year to 28 million cu m.
Mr Johari Shukri said the increased liquid cargo capacity will contribute an additional 20 per cent to the company's revenue as TLP is targeting to handle some 1,000 vessels this year with an average of 80 vessels per month.
Last year, the port handled a total of 767 vessels.
Berth 8 is built to handle some 60,000 deadweight tonnes (dwt) while Berth 9 can handle 110,000 dwt.
With the completion of these berths, TLP will have a total of nine berths where seven are designated for liquid cargoes and two (Berths 6 and 7) are designated for dry cargoes.
TLP, which mainly caters to oil traders from around the world, has invested some RM850 million since its inception in 2003 to strengthen the port's infrastructure and facilities, the Malaysian newspaper said.
The port is dubbed the nation's largest private jetty operator as the throughput it handled rose 190 per cent from 2011 to 2013. Last year, it handled 11.6 million tonnes of throughput while in 2012 it handled 7.85 million tonnes.
Mr Johari Shukri said the port's target this year is to handle total throughput of some 15 million tonnes as it expects to welcome more vessels.
About 97 per cent of TLP's throughput come from liquid cargoes that consist of edible and non-edible oils. The balance is made up of dry cargoes in the form of steel coils, empty and full-laden reels, as well as general cargoes.
The port's current investors include Langsat Terminal One Sdn Bhd, Langsat Terminal Two Sdn Bhd, Technip's Asiaflex Products Sdn Bhd and international oil trader Trafigura's Puma Energy Ltd.
To date, TLP has attracted some RM2.12 billion in investments from oil and gas investors, both domestic and foreign.
http://www.businesstimes.com.sg/pre...ngsat-port-could-get-7-new-investors-20140115
PUBLISHED JANUARY 15, 2014
[PASIR GUDANG] Johor Corp Bhd expects to attract up to seven new regional and international investors to its Tanjung Langsat Port upon the completion of two new berths.
Its unit, Tanjung Langsat Port Sdn Bhd (TLP), is in talks with the potential investors and could be looking at a 20 per cent revenue increase if the deals pan out, according to Malaysia's Business Times.
"We are in talks with the potential investors and we hope the deal can be concluded by year-end," TLP chief executive officer Johari Shukri Jamil said at a media briefing last week.
Mr Johari Shukri said the RM115.8 million (S$44.9 million) Berth 8 and Berth 9, which have a total length of 2.07km, are expected to start commissioning by April 1.
The new berths will boost TLP's liquid cargo capacity from 18 million cubic metres a year to 28 million cu m.
Mr Johari Shukri said the increased liquid cargo capacity will contribute an additional 20 per cent to the company's revenue as TLP is targeting to handle some 1,000 vessels this year with an average of 80 vessels per month.
Last year, the port handled a total of 767 vessels.
Berth 8 is built to handle some 60,000 deadweight tonnes (dwt) while Berth 9 can handle 110,000 dwt.
With the completion of these berths, TLP will have a total of nine berths where seven are designated for liquid cargoes and two (Berths 6 and 7) are designated for dry cargoes.
TLP, which mainly caters to oil traders from around the world, has invested some RM850 million since its inception in 2003 to strengthen the port's infrastructure and facilities, the Malaysian newspaper said.
The port is dubbed the nation's largest private jetty operator as the throughput it handled rose 190 per cent from 2011 to 2013. Last year, it handled 11.6 million tonnes of throughput while in 2012 it handled 7.85 million tonnes.
Mr Johari Shukri said the port's target this year is to handle total throughput of some 15 million tonnes as it expects to welcome more vessels.
About 97 per cent of TLP's throughput come from liquid cargoes that consist of edible and non-edible oils. The balance is made up of dry cargoes in the form of steel coils, empty and full-laden reels, as well as general cargoes.
The port's current investors include Langsat Terminal One Sdn Bhd, Langsat Terminal Two Sdn Bhd, Technip's Asiaflex Products Sdn Bhd and international oil trader Trafigura's Puma Energy Ltd.
To date, TLP has attracted some RM2.12 billion in investments from oil and gas investors, both domestic and foreign.
http://www.businesstimes.com.sg/pre...ngsat-port-could-get-7-new-investors-20140115
Big port expansion at zone D. The oil and gas industry must be booming there.
http://www.tlp.com.my/html/pages.aspx?Content_Name=TLP Location
http://www.tlp.com.my/html/pages.aspx?Content_Name=TLP Location
This is mysterious
Damn!!.. i studied so hard n it is known qns.
See..U guys are always brighter..
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Not sure if the ICA meant it as a joke. I don't really see any great ideas being explored, other than the setup of a temp immigration area at Old Woodlands Checkpt. ICA could consider a Malaysian style MACS for instance to speed up the processing.
ICA exploring ways to ease checkpoint congestion
WE UNDERSTAND Mr Paul Lim Bock Quee experienced a longer-than-usual wait at the Tuas Checkpoint arrival bus hall on Dec 23 last year ("Three-hour wait at Tuas Checkpoint"; Dec 29).
Due to the year-end holiday period, traffic was heavy at both the arrival and departure lanes as more travellers entered and left Singapore.
In response, the Immigration & Checkpoints Authority (ICA) deployed more manpower to manage the immigration clearance on both sides.
Our officers also proactively guided eligible users (Singapore citizens, Singapore permanent residents and long-term pass holders) to use the automated clearance lanes, in order to expedite clearance at the manual counters. Mr Lim and his wife were among those who were cleared via the automated clearance lanes.
The ICA monitors the traffic situation at the land checkpoints closely, and constantly makes adjustments to enable travellers to be cleared through the checkpoints as efficiently as possible without compromising security.
Other than exploring ways to alleviate the congested traffic situation, we will continue to put up public advisories to inform travellers of the expected surge in traffic and longer waiting times during peak seasons.
We seek travellers' understanding and patience as we continue to find ways to expedite the process, and apologise for the inconvenience caused to Mr Lim and his travel companions.
Vincent Ng
Head, Public & Internal Communications
Corporate Communications Division
Immigration & Checkpoints Authority
ICA exploring ways to ease checkpoint congestion
WE UNDERSTAND Mr Paul Lim Bock Quee experienced a longer-than-usual wait at the Tuas Checkpoint arrival bus hall on Dec 23 last year ("Three-hour wait at Tuas Checkpoint"; Dec 29).
Due to the year-end holiday period, traffic was heavy at both the arrival and departure lanes as more travellers entered and left Singapore.
In response, the Immigration & Checkpoints Authority (ICA) deployed more manpower to manage the immigration clearance on both sides.
Our officers also proactively guided eligible users (Singapore citizens, Singapore permanent residents and long-term pass holders) to use the automated clearance lanes, in order to expedite clearance at the manual counters. Mr Lim and his wife were among those who were cleared via the automated clearance lanes.
The ICA monitors the traffic situation at the land checkpoints closely, and constantly makes adjustments to enable travellers to be cleared through the checkpoints as efficiently as possible without compromising security.
Other than exploring ways to alleviate the congested traffic situation, we will continue to put up public advisories to inform travellers of the expected surge in traffic and longer waiting times during peak seasons.
We seek travellers' understanding and patience as we continue to find ways to expedite the process, and apologise for the inconvenience caused to Mr Lim and his travel companions.
Vincent Ng
Head, Public & Internal Communications
Corporate Communications Division
Immigration & Checkpoints Authority
"The ICA monitors the traffic situation at the land checkpoints closely, and constantly makes adjustments to enable travellers to be cleared through the checkpoints as efficiently as possible without compromising security."
Without compromising security??? Then how come at Airport only selected pax were asked to have their bags screened on arrival? Why at Wdland or Tuas all bags were subject to compulsory screening?:
Without compromising security??? Then how come at Airport only selected pax were asked to have their bags screened on arrival? Why at Wdland or Tuas all bags were subject to compulsory screening?:
"The ICA monitors the traffic situation at the land checkpoints closely, and constantly makes adjustments to enable travellers to be cleared through the checkpoints as efficiently as possible without compromising security."
Without compromising security??? Then how come at Airport only selected pax were asked to have their bags screened on arrival? Why at Wdland or Tuas all bags were subject to compulsory screening?:
The screening at the checkpoints is quite lax actually. I could have imported/exported lots of contrabands. The main holdup is verifying the passengers, scanning and stamping the passports. Only more counters can help, but as usual, many counters are not open. At Woodlands during peak hours, some car lanes become motorcycle lanes.
is that a new mall? Vertex point is what huh?
More jam more congested.....
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