This is a major step towards our long-term ambition of becoming the premier integrated real estate service provider in the region,” he adds.Savills’ IREAS has signed an agreement with Malaysian property developer UM Land to create the Iskandar Halal Park, a regional hub for halal manufacturing and services in Johor, Iskandar. The Park will offer warehousing, cold storage, and transport services for halal products.

Savills concludes their integrated real estate advisory services (IREAS) with the signing of a memorandum of understanding with an entity of the Malaysian developer UM Land to develop an international hub for halal-related businesses. This Iskandar Halal Park is designed to become a regional hub for halal products’ manufacturing and service providers, and to facilitate the growth of global trade by connecting different supply and demand chains.

Annie Woo, regional director and head of IREAS says that the collaboration has identified various development strategies, such as targeting industries, park design, and business and delivery models. Additionally, Savills’ IREAS will act as the primary liaison with international multi-national companies (MNCs) and investors across different industries to ensure the success of the Park.

The Altura EC project has something to offer for everyone – a unique residential experience for people seeking a comfortable home in the heart of Bukit Batok Town. For example, the condominium has extensive full-facility amenities including a swimming pool, clubhouse, tennis court and many more. It also offers a tranquil environment, ideal for families looking for a relaxing home away from the hustle and bustle of the city. Altura EC is expected to attract a wide range of bidders, as it offers the perfect opportunity to capitalize on the appreciation of Bukit Batok Town’s property prices.

Marcus Loo, CEO of Savills Singapore, expresses that this collaboration marks a strategic milestone for Savills. According to Loo, the partnership represents a major step to achieving the long-term goal of becoming the premier integrated real estate service provider in the region.

Through the Global Halal Alliance, Savills looks to build upon their established track record in core advisory services, with Iskandar Halal Park being the first to benefit from their alliance. With Savills’ know-how and expertise in integrated real estate services, the IREAS collaboration with Malaysian developers is set to drive the effort of strengthening the global halal trade.