The Business Times
business-time-50

Upcoming Johor-Singapore SEZ to benefit property developers and Reits in industrial, commercial sectors

google-preferred-sourceAdd BT as a preferred source
Navene Elangovan

Navene Elangovan

Published Thu, May 2, 2024 · 05:00 AM
    • Market observers say that Singapore listcos with existing exposure to Malaysia stand to gain from the upcoming Special Economic Zone between both countries.
    • Market observers say that Singapore listcos with existing exposure to Malaysia stand to gain from the upcoming Special Economic Zone between both countries. PHOTO: BT FILE

    PROPERTY developers and real estate investment trusts (Reits) in the industrial, commercial and hospitality sectors look set to get a boost when the upcoming Special Economic Zone (SEZ) in Johor, Malaysia is set up.

    Singapore listcos with existing exposure to the Malaysian market, in particular, will stand to gain, said market observers.

    The Johor-Singapore SEZ, which was formalised in January this year, aims to improve the cross-border flow of goods and people as well as increase investments between both countries.

    Special Economic Zone (SEZ)Singapore-Johor economic ties

    TRENDING NOW

    The deal for the sale of Scotts Square mall, just off Orchard Road, is said to be in the early stages of being worked out, at a price of about S$320 million.

    Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    The company says the disputes do not cast significant doubt on its viability as a going concern.

    Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities

    Under the Philippines’ new policy, up to four EV models will be provided with as much as 15 billion pesos each in fiscal support, in the form of tax payment certificates.

    Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry

    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