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Iskandar home prices selling above valuation

Iskandar home prices surge as sellers of resale landed homes are asking for up to 50% above valuation. This comes at the back of increased demand.

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Danny Tan to buy 5 sites in Iskandar

MALAYSIAN tycoon Danny Tan is poised to take control of a little-known Singapore-listed firm, in a deal involving five sites in the bustling Iskandar growth belt worth an estimated RM3 billion (S$1.16 billion). The company, Albedo, a steel and raw materials trader, has signed a non-binding deal with Temasya Cergas, a private vehicle of Mr Tan, 58, a prominent property developer.

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