MALAYSIA

Industrial growth is lifting the state, but overhang and affordability concerns persist

WM Senibong develops property including luxury homes in Malaysia’s Johor state

The bid faces political scrutiny over concerns it dilutes government equity and indigenous rights

Malaysian state’s Gurney Drive gains a new neighbour with the opening of a second bridge linking the artificial island to George Town

However, there is a risk of oversupply in Johor’s high-rise residential segment

Malaysia hopes these SFOs can give the zone an economic purpose beyond a cautionary tale

Johor leads the country’s housing market in early 2025 on JS-SEZ and RTS Link momentum, though older high-rises keep overhang high

Foreigners are scrambling to seal property deals in the state to beat the Jul 1 levy hike. Industry players are concerned over the short notice

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