Iskandar Malaysia Investment

Asian Cities

2H 2015

 

Market highlights
Since the inception of Iskandar Malaysia in 2006, total cumulative investment has reached RM172.51 billion with a realization of 50% as at June 2015. The economy is domestically driven, with a fair contribution from Foreign Investments (39%). The services & utilities sector contributed the most to total investments, which includes logistics, healthcare, tourism, education, the creative industry, finance, retail and industrial properties, emerging technologies and utilities. This is followed by the manufacturing sector and residential properties. Major catalyst projects which have been completed in recent years include Educity, Pinewood Iskandar Malaysia Studio, Johor Premium Outlet (the first in the region), and Legoland Malaysia (the first in Asia), to name of a few. The increasing tide of investment is expected to boost the property market by creating more job opportunities, generating higher incomes, and promoting population diversity.

Residential sector
Current concerns of an oversupply of condominiums and serviced apartments in Iskandar Malaysia may be slightly exaggerated. As at Q1/2015, while the total incoming supply of condominiums and serviced apartments was recorded at 61,544 units, construction of 38,767 of these units has not yet started.

 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

kamaco Two Exchange Square

+852 2842 4573

 

Subscribe to kamaco research

 

Would you like to be notified via email about new research?