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News Johor royal land in SG worth RM30,000,000,000

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TSperfectedservice
post Jun 10 2025, 11:02 PM, updated 7 months ago

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JOHOR BARU: The Johor Regent and the Singapore government have agreed to a land swap deal in the island republic.

Tunku Ismail Sultan Ibrahim, who is also Johor crown prince, owns the 21.1ha plot of land at Holland Road, according to a media release on Singapore's Urban Redevelopment Authority (URA) website.

The land, comprising Plot B and Plot C, has been under the private ownership of the Johor royal family for generations.

"The Regent plans to develop his land. The Singapore government and the Regent have agreed to undertake a land swap so his planned developments will be further away from the Singapore Botanical Gardens Unesco World Heritage Site.

"The Regent will transfer Plot C, which is closer to the Singapore Botanic Gardens Unesco World Heritage Site, to the Singapore government," the statement read on Tuesday (June 10).

In exchange, the Singapore government will transfer 8.5ha of state land (Plot A, shaded purple in the figure), to the Regent, the statement said, adding that the land parcels to be swapped are comparable in value.

Plot B will remain under Tunku Ismail's private ownership, according to the press release.

It also mentioned that the Regent might develop his land after the swap, which is suitable for low-rise and low-density residential use.

"Any development plans will be subject to due process. URA and agencies will assess any development applications and ensure that the proposed development is sensitive to the surrounding site context.

"Prior to commencement of any works, the development will be subject to environmental studies to mitigate any potential impact on the environment," the press release said.

The Singapore government also pointed out that it would keep Plot C "undeveloped for now, while keeping open our future plans for the area".

Meanwhile, sources say that after the land swap, the Regent's land will be worth between RM15bil and RM30bil.

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SUSipohps3
post Jun 10 2025, 11:10 PM

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kayo
icemanfx
post Jun 10 2025, 11:14 PM

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HM own many more properties in sg.

Boom Mortar
post Jun 10 2025, 11:15 PM

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Holland road hmm.gif
pisces88
post Jun 10 2025, 11:15 PM

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nice
knwong
post Jun 10 2025, 11:44 PM

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Actually land owners need to pay huge tax there. I wonder where they get money from
Knnbuccb
post Jun 10 2025, 11:44 PM

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In the past whole island belong to them right
samjet
post Jun 10 2025, 11:47 PM

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Meow meow meow
iSean
post Jun 10 2025, 11:52 PM

iz old liao.
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QUOTE(perfectedservice @ Jun 10 2025, 11:02 PM)
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Plot A seems smaller than Plot C in picture. How much got payout by Singapore Government to our Johor Royals?

But still mad respects only the Royal Johor Family can say "Tanah ini really milik saya/nenek moyang saya punya" with full respect and dignity, and Singapore Government Forced to Comply laugh.gif

This post has been edited by iSean: Jun 10 2025, 11:52 PM
jamalnsx
post Jun 10 2025, 11:57 PM

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QUOTE(knwong @ Jun 10 2025, 11:44 PM)
Actually land owners need to pay huge tax there. I wonder where they get money from
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What I heard they rent out their land in Singapore. Not these plots of course.

I remember these plots near Holland was disputed for so long. Now seems Sg government have acknowledge the claim?

You can google Istana Tyrell.
SUSFreshmeat21
post Jun 11 2025, 12:11 AM

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I have a friend that have a bungalow there.
damn, his house can buy some small taman here already
knwong
post Jun 11 2025, 12:12 AM

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QUOTE(jamalnsx @ Jun 10 2025, 11:57 PM)
What I heard they rent out their land in Singapore. Not these plots of course.

I remember these plots near Holland was disputed for so long. Now seems Sg government have acknowledge the claim?

You can google Istana Tyrell.
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That istana is in that plot C
SUSNihonmaru
post Jun 11 2025, 12:15 AM

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Bumi ni milik sapo
NEP1971
post Jun 11 2025, 12:42 AM

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I see many people living below poverty line at
knumskul
post Jun 11 2025, 12:47 AM

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QUOTE(iSean @ Jun 10 2025, 11:52 PM)
Plot A seems smaller than Plot C in picture. How much got payout by Singapore Government to our Johor Royals?

But still mad respects only the Royal Johor Family can say "Tanah ini really milik saya/nenek moyang saya punya" with full respect and dignity, and Singapore Government Forced to Comply  laugh.gif
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Why need to payout?

QUOTE
In exchange, the Singapore government will transfer 8.5ha of state land (Plot A, shaded purple in the figure), to the Regent, the statement said, adding that the land parcels to be swapped are comparable in value.

Fork
post Jun 11 2025, 03:19 AM

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TSperfectedservice
post Jun 11 2025, 08:02 AM

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QUOTE(knwong @ Jun 10 2025, 11:44 PM)
Actually land owners need to pay huge tax there. I wonder where they get money from
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make sure you pay your taxes on time
blmse92
post Jun 11 2025, 08:18 AM

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when talk about land.. some are really sensitive. don't mention about it

owai
SharpSword
post Jun 11 2025, 08:18 AM

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If only ones wealth reflects one's ability to think correctly.
takbodoh722
post Jun 11 2025, 08:21 AM

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Its a win-win. plot next to botanic gardens definitely will not allow for big redevelopment.

If re-develop, the land price will increase multiples. Property sales in sinkieland generate $$$. This one everyone knows.

Reason why the swap is equivalent value is because swapping empty land for already build up residential. Then only need to redevelop smaller plot fo empty land.

I think smart move.

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