***Image from www.iskandarmalaysia.com.my***
Overview:
The city of Johor Bahru is Malaysia's
'Southern Gateway', receiving 60% of foreign tourists who visit Malaysia. It is
a major holiday and shopping destination for neighbouring Singaporeans due to
the comparatively lower cost of goods and services.
The current key economic activities in
Flagship A are financial services, commerce and retail, arts and culture,
hospitality, urban tourism, plastic manufacturing, electrical and electronics
(E&E) and food processing.
As of February 2008, land prices in
Flagship A range from RM30 to RM150 (US$9 - US$45) per sq ft for residential
use, and RM70 to RM280 (US$20 - US$45) per sq ft for commercial use.
In the future, a multi-modal terminal will
be developed in Flagship A, as well as an MRT/LRT system connecting Johor Bahru
City Centre to other areas in Iskandar Malaysia.
Johor Bahru is located within the central
region of Iskandar Malaysia. It is bound by Senai to the north, Nusajaya to the
west, Singapore to the south, and Pasir Gudang to the east.
Key players:
Key players in Flagship A include global
financial institutions - Citigroup, HSBC and Kuwait Finance House, major
manufacturers - YKK, Celestica, Lion Group, Sumitomo and Kerry’s Ingredients as
well as local developers - Danga Bay Holdings, Pelangi, Mah Sing and Crescendo.
Populations:
One of Southeast Asia's most populous urban
areas, Johor Bahru is an important industrial, tourist and commercial hub for
Southern Peninsular Malaysia. With a population slightly above 1 million in the
city, the population growth rate is among the highest in Malaysia.
Connectivity:
There are two major highways linking the
city centre to the suburbs, with the Tebrau Highway linking the city to the
north-east and the Tun Abdul Razak (TAR) Highway/Senai-Skudai Highway linking
it to the north-west.
The Pasir Gudang Highway and the connecting
Johor Bahru Parkway cross Tebrau Highway and TAR Highway about midway, serving
as the Middle Ring Road of the metropolitan area.
The Causeway links the city to Singapore
with a six-lane road and a railway line.
Additionally, three more highway s are
being constructed which are the Coastal Highway (Danga Bay-Nusajaya), the
Eastern Dispersal Link (JB CIQ-North/South highway) and East-West Link
(Permas-Pasir Gudang).
Key Landmarks:
CIQ
Sultan Ibrahim Building
City Centre
Causeway Link
Danga Bay
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