KUALA LUMPUR: The Johor-Singapore Special Economic Zone (JSSEZ) and the surge in data centre developments will remain key areas of focus for the real estate sector in the second half of 2024 (2H 2024). According to Maybank Investment Bank (Maybank IB), the JSSEZ will drive demand for residential, commercial, and industrial properties, with the growing population requiring more housing. It noted that the JSSEZ is expected to encompass the entire Iskandar Malaysia (IM) rather than being limited to a single area within the region. This area is likely to include Johor Bahru, Iskandar Puteri, Pasir Gudang, Kulai (including Sedenak), Pengerang, and Pontian. While covering a larger area may dilute the positive impact on individual developers, it will promote more balanced growth across the various regions of IM, the investment bank said.

KUALA LUMPUR, July 16 — Prime Minister Datuk Seri Anwar Ibrahim said the implementation of a more effective, organised, and systematic energy transition and green investment is needed to elevate Malaysia’s image, reputation, and attractiveness as a preferred green investment destination.