Transaction news in Johor Premium Outlets Johor

1. Crescendo receives full payment for RM263m Kota Tinggi land sale to data centre firm

   5 days ago EdgeProp Bandar Cemerlang Industrial Park, Kota Tinggi, Johor 34.2 km

   Crescendo Corp Bhd has received the balance payment and late-payment interest for its RM263.21 million sale of a 52.544-acre industrial land parcel in Bandar Cemerlang Industrial Park, Kota Tinggi, Johor, to MSFusion Sdn Bhd. The payment was received on Sept 9, following a default notice issued in August.

2. Centurion Corp to buy RM214.5m worker housing complex in Pasir Gudang

   5 days ago EdgeProp Jalan Keluli 11, Pasir Gudang, Johor 35.7 km

   Singapore-listed Centurion Corp has agreed to buy a 7,974-bed purpose-built worker accommodation complex in Pasir Gudang, Johor, for RM214.5 million. The deal will increase the group's Malaysian bed capacity by 22% to 43,980 beds and is expected to complete by April 2027.