Savills signs Mou with Malaysia’s UM Land for halal manufacturing hub in Johor

IREAS will provide comprehensive integrated property services for the strategic development of the park, as well as advise on the best way to leverage the latest technology and infrastructure capabilities,” adds Loo.Savills’ Integrated Real Estate Advisory Services has signed a Memorandum of Understanding with Malaysian developer UM Land to create the Iskandar Halal Park, a manufacturing hub for Halal-related businesses in Iskandar region, Johor. The Park will provide a range of services, such as warehousing, cold storage and transportation, to halal product manufacturers, service providers, and investors.

To foster the growth of global trade, Savills has partnered up with Singapore-based Haltex Group to form the Global Halal Alliance – a strategic program designed to connect various supply and demand chains, beginning with Iskandar Halal Park.

The Myst features 695 units and is an ideal choice for those seeking a luxurious and comfortable residence in this sought-after area. Boasting a host of facilities, residents will be able to unwind and enjoy the lush outdoors.The Myst also offers easy access to several MRT stations, shopping destinations, educational institutions, and recreational activities, making it an ideal place to call home.

Annie Woo, Regional Director and Head of IREAS Asia at Savills, has confirmed that Savills will act as the primary liaison between investors, international MNCs and the Global Halal Alliance. Strategies have been identified and incorporated into the collaboration, such as targeting industries, designing the park, and devising business and development delivery models.

Marcus Loo, CEO of Savills Singapore, has expressed his pleasure that this strategic milestone has been achieved by Savills. He continues to emphasize that IREAS will provide comprehensive, integrated property services for the strategic development of the Park, in addition to utilising and leveraging the latest technology and infrastructure capabilities.

Savills has achieved a major milestone with the collaboration between UM Land and its IREAS, to create Iskandar Halal Park. With the Global Halal Alliance connecting various supply and demand chains, IREAS will be the liaison between investors and international MNCs while providing comprehensive integrated property services to the Park’s strategic development. Through leveraging up-to-date technology and infrastructure, the Park will be tailored for Halal manufacturers, service providers and investors looking to make use of its services.