The Business Times
business-time-50
SUBSCRIBERS

Property a big winner: Potential Malaysia beneficiaries from Johor-Singapore SEZ

Data centres and power players also stand to gain, say analysts

Summarise
google-preferred-sourceAdd BT as a preferred source

Tan Weizhen

Published Fri, Jan 10, 2025 · 02:01 PM
    • The Special Economic Zone comprises nine zones in the state of Johor that will enjoy tax incentives under the agreement.
    • The Special Economic Zone comprises nine zones in the state of Johor that will enjoy tax incentives under the agreement. PHOTO: BT FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    WHILE there are probable Singapore winners arising from the Johor-Singapore Special Economic Zone (JS-SEZ), analysts believe that there are even more Malaysian beneficiaries.

    “Stock beneficiaries are largely on the Malaysia side. Most of the nine zones focus on manufacturing and logistics, with some energy and other service sectors identified,” said Macquarie in a note.

    The SEZ comprises nine zones in the state of Johor that will enjoy tax incentives under the agreement. Both countries have set a target of 50 projects in five years and 100 projects in 10 years; the goal is to drive investments in 11 key sectors.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    MalaysiaMalaysia stocksMalaysia propertyJohor-Singapore SEZ

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

    ‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

    South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More