MADRID (Reuters) -Real Madrid survived a late scare as goals by Lucas Vazquez, Kylian Mbappe and Rodrygo gave them a 3-2 home win over Deportivo Alaves in LaLiga on Tuesday.
PETALING JAYA: Forest City may soon shed its “ghost town” image and enhance its attractiveness compared to Singapore, thanks to the recently announced incentives for the Special Financial Zone .
“While none of the developers under our coverage have projects in Forest City, we believe these incentives could have ripple effects, driving property demand and economic activity in surrounding areas like Iskandar Puteri. “We view this as a significant move that positions the area for a dynamic future, not just as a financial hub.”, which hold the largest landbank in Iskandar Malaysia, saw share price increases of 13% and 7%, respectively, within two days following the announcement of the incentives.
Looking ahead, UOBKH Research said the expected news flow in the near term, including Invest Malaysia 2024 on Sept 26 and Budget 2025 on Oct 18, is likely to reignite trading interest in Johor property stocks.The research house maintains its “overweight” view on the overall Malaysian property sector, noting that domestic transaction values are hitting all-time highs, the overhang is decreasing and real estate investment is growing.
Forestcity Specialfinancialzone Johorproperty Iskandarmalaysia Propertyincentives Economicgrowth Highspeedrail
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