theSun Property April 2016

For now, double-storey

terrace factories are tagged at

RM1 million; double-storey

cluster factories at RM2 million;

double-storey link detached

factories at RM5 million; and

shophouses at RM625,000.

Lots are between 2,776sf and

14,532sf.

JHP is ideally located in close

proximity to the Pasir Gudang

Highway (19km), the Senai-

Desaru Expressway (25km) and

the PLUSHighway (26km).

Nearby ports include the Senai

Airport, Pasir Gudang Port,

Tanjung Langsat Port, Johor

Port and Singapore.

Other selling points include:

• fibre-optic cabling and internet

connectionwith speeds of one

gigabyte;

• 600-paxworker’s enclave;

• gated and guarded area with

three-tier security, water and

electricity;

• LPG/LNG and groundwater

facilities;

• sustainable lifestyle with

herbal environment landscape;

• bio-based business;

• accreditedHalmas Halal Hub;

• business incentives (10-year

corporate tax exemption);

• world class facilities and

services like IPWL, Halal Lab

and TCMCentre;

• international industry linkage

through scientific halal

laboratory andmore.

completed by year-end.

When asked about UMLand’s

involvement in this project

UMLandGroupmanaging director

Dennis Ng said, “This project is one

of the key developments whichwill

assist in the transformation of

IskandarMalaysia. This

collaboration between us and the

Johor state will establish Iskandar

Malaysia as a dynamic and

exceptional international

metropolis. The different bodies,

namelyMajlis Perbandaran Pasir

Gudang, Unit Pembangunan

Ekonomi Negri along with J-

Biotech, havemade a concerted

effort to produce, develop and

materialise this ground-breaking

development.”

Therefore, it is of no surprise

that there is said to be keen interest

fromvarious countries including

China, Japan, South Korea, Taiwan

and Singapore in the project. A

delegation fromChina was recently

reported to have expressed interest

in setting up operations at the park.

J-Biotech CEOWan Amir

JeffreyWan Abdul Majid

commented that Johor has all the

“right ingredients” to fulfil the

park’s vision and intention.

He also said commitment from

all the stakeholders at federal and

state governments was important

for the park to achieve its goals.

JHP is developed by Tentu

Teguh Sdn Bhd, a wholly-owned

subsidiary of UMLand.

The project is designed to

become an industrial hub for halal

products and foods where

operators will need to be Halmas

“stamped”, an accreditation given

by the Halal Development

Corporation (HDC).

With that, we examine Halmas

theSun ON FRIDAY

APRIL 22, 2016

Commercial

propertydevelopment

project

ALAL

products may not

come across as a lucrative

business if you are looking

at it fromaminuscule

perspective i.e. a small stall in the

laidback countryside. In a broader

view, the industry is gargantuan,

one that is big business with

worldwide demand for halal

consumer products reported to be

worth some US$2.5 trillion (RM9.8

trillion) in 2015.

HALAL HUB IN ISKANDAR

Now, imagineMalaysia on the

worldmap, with the world’s

leading halal bio-based and herbal-

based park as the global halal hub

right here in IskandarMalaysia.

This is exactlywhat United

Malayan Land Berhad (UMLand)

has planned for Johor Halal Park

(JHP), situatedwithin the Eastern

Gate Development of the said

region.

A freehold park developed to

cater to the world’s halal goods and

foods, the project is a joint

development venture between

UMLand and the Johor state

government-linked company Johor

Biotechnology&Biodiversity

Corporation (J-Biotech). The park

will consist of a regional marketing

and clearing house that will handle

packaging, warehousing and

logistics; a one-stop commercial

centre; a scientific and halal

laboratory; and provide incubator

facilities of international standards.

These will encompass 141.63ha with

a gross development value tagged

at RM1.5 billion.

Developed in phases, the entire

project is slated for completion

between five and seven years. For

now, phase one, comprising

20.23ha, is expected to be

To date, there are 14 halal parks

nationwide under the HDC-

designatedHalal Park Development.

Operators within these parks need to

receive Halmas accreditationwhere

they have to complywith a set of rules,

regulations and guidelines.

Halal industry players operating

here get to enjoy a number of benefits

including 100% income tax exemption

for a period of time; exemption on

import duty and sales tax on raw

materials; double reduction on

expenses incurred on obtaining

international quality standards and

credentials.

Halal logistic operators also get to

enjoy some perks that include full

income tax exemption for a certain

period of time, exemption on import

duty and sales tax on equipment,

components andmachinery

pertaining. HDC- designated halal

park operators are not left out as they

too receive incentives such as full

income tax exemption for a number of

years, exemption from import duty

and sales tax on equipment,

components andmachinery used in its

operations.

JHP CONTENT AND

CONFIGURATION

As an industrial hub for halal products

and foods, the JHP label in Iskandar

Malaysia is designed to include the

following:

Phase 1:

50 acres of 89 units of

various types of factories,

shophouses and a labwith a GDV of

RM300million. Forty-five per cent

have been completed.

Phase 2:

Designed to include

ready-built and built-to-suit

factories, commercial properties, a

regional marketing clearance

house, an international Islamic

school and a youth park.

Phase 3:

Commercial development.

HALMASHALALPARKS

Selangor Halal Hub

PKFZ National Halal Park

Melaka Halal Park

Techpark@enstek

POIC Lahad Datu

Tanjung Manis Halal Food

Park

Penang International Halal

Park

ECER Pasir Mas Halal Park

ECER Gambang Halal Park

Pedas Halal Park

POIC Tanjung Langsat

PERDA Halal Park

Sedenak Industrial Park

Kota Kinabalu Industrial Park

Email your feedback and

queries to: propertyqs@

thesundaily.com

Iskandar developer gears up

WHILE

many property analysts

predict softening of the Johor

propertymarket, Astaka Holdings

Limited CEODatuk Zamani Kasim

(

pix

) thinks otherwise. His reason:

“It would not be realistic to

generate an assessment of the

property sector in Johor just by

looking at the population growth

projection of 2%per year. That 2%

per year does not take into

consideration temporary residents

such as outstation or overseas

employees that will be living and

working in Johor. Nor does it

reflect the growth in the number of

students that we are expecting. The

2%population growth evaluation

also doesn’t take into account that

approximately 20%of Johor’s

current populationwill be

maturing over the next three years,

reaching the home-renting or

home-buying age.”

Happy about the interest

property buyers and investors have

shown for The Astaka

One Bukit

Senyum in Jalan Tebrau, Kasim

urges the people to keep an eye on

these five core sectors and four

emerging sectors, which he feels

will collectively fuel the second

spike in property sales in the region

– Electrical and Electronics,

Petrochemicals andOil &Gas,

Food and Agro-processing,

Logistics and Tourism.

The emerging sectors

are Health Services,

Creative, Education and

Finance, Insurance, Real

Estate and Business

Services.

“When the factories,

plants, facilities and

universities are at 100%

capacity, we will be

ready for the third spike,

when there is another

influx of workers ... this

time for the entertainment and

F&B outlets, malls, shops, services

and utilities businesses,” he added.

Bukit Senyum is situated just 1km

from the Customs, Immigration

andQuarantine (CIQ) Complex. It

is poised to become the new

Central Business District (CBD) for

Johor Baru City.

At the signing ceremony are (front, from left) MohdNoor, Wan

Amir andNg and (back, from left) Johor education, information,

entrepreneur development and cooperatives committeemember Md

Jais Sarday, Johor Chief Minister DatukMohamed KhaledNordin and

UMLand chairman TunMusa Hitam.

Anopportunity toown a pieceof propertypredestinedon theglobal map

and what it constitutes.

HALMAS PARKS IN

MALAYSIA

Did you know that there are already

up and running halal parks in the

country? These are facilitated by

the HDC, whichworks closelywith

the International Trade and

IndustryMinistry (Miti), the

Malaysian Investment

Development Authority (Mida)

and theMalaysia External Trade

Development (Matrade). JHP is

accredited as a Halmas halal hub.

Perhaps one would question the

reason for establishing such parks.

Why congregate and howwould it

benefit? In short, it is reported to

help improve the economic

performance of participating

companies as well as ensure halal

integrity is not compromised. By

coming together in a designated

area, it works out to bemore

feasible inmanyways, cost-wise

especially, in terms of

infrastructure, green design, energy

efficiency, link between companies,

consolidating services and

bandying together for marketing

purposes.

Elaborating on JHP, Tentu

Teguh Sdn Bhd (UMLand’s wholly

owned subsidiary) CEOMohd

Noor Salam said, “Recently our

focus has been on the Far East

countries since they have

expressed interest in developing

within this freehold industrial area.

However, we have also received

interest fromcountries in the

Middle East as well as Europe. This

is very encouraging and the

potential for growth continues to

emerge from this smart partnership

between the private sector and the

state, as well as the federal

government.”