News
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KLCCP Stapled Group is optimistic about a gradual improvement in its business segments this year
KLCCP Stapled Group is confident about experiencing progressive improvement across its business segments this year, with the country's transformation to the endemic phase and international borders reopening. Md Shah Mahmood, the chief executive officer of KLCC Property Holdings Bhd (KLCCP) said... -
Is the property sector on a bumpy road to recovery?
RHB Investment Bank Bhd thinks that developers will be more prudent with their launches. RHB Investment Bank Bhd is apprehensive about developers' earnings prospects this year, given the consistently high construction costs resulting from the surge in primary commodities such as crude oil, steel... -
Wajibkan pemaju sedia prasarana elak bencana banjir
Prasarana seperti tebatan banjir dan kajian penilaian impak sosial perlu diwajibkan kepada setiap projek pembinaan KUALA LUMPUR: Kerajaan perlu mewajibkan pemaju hartanah menyediakan prasarana komprehensif seperti tebatan banjir dalam projek akan datang bagi mengelak kerugian besar dalam kalangan... -
Projek pangsapuri Skyline KL dapat sambutan hebat
Projek pangsapuri Skyline KL dibangunkan oleh TSLAW Land KUALA LUMPUR: Projek pangsapuri Skyline KL yang dibangunkan oleh pemaju hartanah, TSLAW Land mencapai tempahan sebanyak 90 peratus, sekali gus menunjukkan prestasi yang amat memberangsangkan dalam bidang hartanah di pusat bandar Kuala... -
Iringan Bayu Wetland Park in Seremban set to draw 35,000 visitors this year
OSK Property Holdings Berhad chief executive officer Ong Ghee Bin (left) and chief operating Officer Seth Lim at the launch of the OSK Iringan Bayu Wetland Park. OSK Property has launched the Iringan Bayu Wetland Park here to encourage a healthy ecosystem that supports conservation and... -
Sunway Property sasar jualan RM2.2 bilion tahun ini
Sunway Medical Centre Velocity. PETALING JAYA: Sunway Properties menyasarkan jualan RM2.2 bilion untuk tahun ini dengan 70 peratus pelancaran baharunya adalah di dalam negara. Pengarah Urusannya, Sarena Cheah, berkata pihaknya mencatat jualan RM2.55 bilion untuk tahun 2021, mengatasi sasaran RM2.2... -
Taman Wetland Iringan Bayu tarikan baharu Seremban
Taman Wetland Iringan Bayu di Seremban KUALA LUMPUR: OSK Property memperkenalkan satu lagi tarikan terbaru terutama untuk penduduk sekitar Seremban iaitu Taman Wetland Iringan Bayu. Ketua Pegawai Eksekutif OSK Property, Ong Ghee Bin, berkata taman tanah lembap berkeluasan 22 ekar dengan kos... -
MPV Realty yakin tangani isu rumah tidak terjual
Terdapat 30,290 unit rumah siap yang tidak terjual setakat suku ketiga 2021 KUALA LUMPUR: MPV Realty Malaysia Sdn Bhd yakin program penyelesaian disokong aset (ABS) yang baru dilancarkannya akan dapat mengurangkan masalah rumah tidak terjual di Malaysia bernilai kira-kira RM19.7 bilion dengan... -
Peningkatan kos bahan mentah, industri hartanah dijangka terus lembap tahun ini
RHB menganggarkan pertumbuhan jualan hartanah 2021 adalah kira-kira 70% berbanding dengan penguncupan sebanyak 16.4% tahun ke tahun pada 2020 KUALA LUMPUR: Hartanah mungkin bukan lindung nilai yang baik terhadap inflasi pada masa ini memandangkan kenaikan harga hartanah akan dihadkan disebabkan... -
Pasaran hartanah dijangka pulih mulai separuh pertama 2022 - Juwai IQI
Pemulihan ekonomi adalah faktor pertama yang akan membantu memacu pasaran hartanah. KUALA LUMPUR: Kumpulan teknologi hartanah, Juwai IQI menjangkakan pemulihan dalam pasaran hartanah akan bermula menjelang separuh pertama 2022 apabila pembelian kediaman baharu dan terpakai meningkat. Ketua Segmen... -
Consumer's choice award
We, CID Realtors Sdn. Bhd. and it’s growing bevy of branches are deeply honored in receiving this esteemed award from Majlis Tindakan Pengguna Negara. Here, we epitomise hardwork, integrity, education with constant training to be recognised and to be heard near and afar. We're proud to be a big... -
NATIONAL REAL ESTATE AWARDS
NATIONAL REAL ESTATE AWARDS Malaysian Institute of Estate Agents - MIEA MALAYSIA INSTITUTE OF ESTATE AGENTS. 3 years ago. We Had a Vision in becoming (The Best Real Estate Industrial Firm in Malaysia) & Giving birth to Million Dollar Agents We Cid Realtors Sdn Bhd won the award 🏆 During the Covid... -
IJM Land's Robin @ Rimbayu sold RM241mil worth of homes within 30 minutes
Robin @ Rimbayu Type B have three bedrooms, three bathrooms, and a large opulent gate. IJM Land Bhd recently launched Robin @ Rimbayu, which saw 308 homes with a gross development value (GDV) of RM241 million sold within half an hour. The sale was conducted by an online unit selection session,... -
Phase 1 of Mah Sing's Erica @ Meridin has sold out; Phase 2 is now open
Meridin East offers a lifestyle full of recreation and leisure with a nine-acre mulberry lake park, 16km jogging and bicycle lanes, and play parks for multi-generations. Mah Sing Group Bhd's Phase 2 Erica @ Meridin East in Johor is now open for registration, with 210 units available. The developer is... -
Ascott opens Sky Residence Prai in Penang
Sky Residence Prai has 168 modern serviced apartments ranging from studios to two-bedroom units. Sky Residence Prai, The Ascott Limited's (Ascott) first serviced apartment in Penang, has opened. Ascott is a wholly-owned subsidiary of CapitaLand Investment. Sky Residence Prai is its ninth... -
Lagenda Properties is still bullish on the affordable housing market
Lagenda Properties Bhd will remain focused on providing affordable housing for the bottom 40 per cent and middle 40 per cent income groups. Lagenda Properties Bhd continues to focus on providing affordable housing for the bottom 40 per cent and middle 40 per cent income groups, which is drawing a... -
Sime Darby Property will introduce more homes as demand grows
Sime Darby Property launched Dayana Phase 2 with prices starting from RM509,888 and achieved 100 per cent take-up rate After a string of recent successes, Sime Darby Property is looking forward to introducing its upcoming products, namely Ilham Residence 2 and The Twin Factories 2 in the City of... -
The manager of Sentral REIT anticipates a healthy rebound in the property sector by the end of 2021
Sentral REIT owns nine buildings valued at RM2.097 billion as at December 31, 2020 Sentral REIT (formerly MRCB-Quill REIT) will continue to be proactive in asset management and will be in a position to benefit from the eventual recovery of the Covid-19 pandemic, though there may be some headwinds... -
Unsold residential units worth RM19.7bil are still on the market
There were 30,290 unsold completed residential units (overhang) worth RM19.7 billion nationwide as of September this year, according to Deputy Housing and Local Government Minister Ismail Muttalib. According to Ismail, this is an improvement over the second quarter, when there were 31,112 unsold units... -
Workers' housing is a new emerging asset class, according to Knight Frank Malaysia
Workers’ housing is expected to emerge as an appealing asset class for both foreign and domestic entities, according to Knight Frank Malaysia. The Covid-19 pandemic, which began in the first quarter of last year, has thrust purpose-built workers' accommodation (PBWA) into the spotlight,... -
TA Investment opens new business hub in Kuala Lumpur
The grand opening of the new business hub was officiated by TA Enterprise Bhd managing director and chief executive officer (CEO) Datin Alicia Tiah (left), and TA Investment Management Bhd CEO Wong Mien. TA Investment Management Bhd (TAIM), a subsidiary of the TA Group, has opened a new business... -
MGB, an LBS firm, anticipates better future results as the market improves
MGB Bhd group executive vice-chairman, Tan Sri Lim Hock San said the company will be focusing on the development and construction of the Rumah Selangorku Idaman MBI projects. MGB Bhd, a subsidiary of LBS Bina Group Bhd, is cautiously optimistic about its performance in the coming quarters, owing... -
The Andaman Langkawi is expected to reopen in the second half of 2023
The Andaman, a Luxury Collection Resort under the Marriott International umbrella, was destroyed in a fire in January. The Andaman, a five-star resort in Langkawi that burned down earlier this year, will most likely reopen in the second half of 2023. According to Landmarks Bhd, the resort's... -
Proposals To Develop Idle Land Are Welcome, Says Deputy Minister Of Energy and Natural Resources
The Federal Government is open to proposals to develop idle land to drive the country’s economy. According to Deputy Minister of Energy and Natural Resources Datuk Ali Biju, any party, whether government agencies, the private sector or even individuals can submit a proposal for the development of... -
100% Take-Up Rate For Bandar Rimbayu's Latest Launch By IJM Land
Seeing an overwhelming response through the full take-up rates for the township’s previous phases, Starling and Uptown @ Rimbayu, Bandar Rimbayu by IJM Land launched Robin. Robin @ Rimbayu is part of the 1,879-acre award-winning township Bandar Rimbayu, and it consists of 615 double storey link... -
National Affordable Housing Council To Be Reactivated
The National Affordable Housing Council (MPMMN) will be reactivated so it could coordinate the construction of 500,000 affordable homes under the 12th Malaysia Plan (12MP). Prime Minister Datuk Seri Ismail Sabri Yaakob will chair the council, which will comprise 15 implementing agencies as well as... -
A More Holistic Exhibition For Home Buyers
Omni-channel platform StarProperty and its sister company Perfect Livin have joined forces to host a more holistic exhibition, combining the best of property development and home furnishing and appliances. The event, held at the Mid Valley Exhibition Centre, will buzz with excitement as... -
Malton Hands Over Keys To Homeowners Of The Park 2 Pavilion Bukit Jalil
The RM4bil Bukit Jalil City stands majestically against the backdrop of the rising morning sun. KUALA LUMPUR: Malton Bhd has started handing over the keys to The Park 2 Pavilion Bukit Jalil (The Park 2) owners, allowing them to quickly move into their new homes before the Christmas and New Year... -
Estate Agents Instil Deeper Sense Of Safety To Protect Clients
Lai (sitting third from left) with the MIEA Sabah branch committee members. PETALING JAYA: To effectively play their part to revitalise the economy since the estate agency practice sector has reopened, the Malaysian Institute of Estate Agents (MIEA) is stepping up its presence in the market whilst... -
Kenaikan harga permintaan hartanah tanda pemulihan
Pameran Hartanah My Rumah di Kuantan City Mall. KUALA LUMPUR: Industri hartanah tempatan menunjukkan pemulihan selepas harga permintaan dalam Indeks Pasaran Hartanah Malaysia (MPMI) mencatat pertumbuhan tahunan 0.92 peratus pada suku ketiga. Pengurus Negara PropertyGuru Malaysia, Sheldon... -
LBS lancar rumah mampu milik KITA Mesra
Pengerusi Eksekutif LBS, Tan Sri Lim Hock San KUALA LUMPUR: LBS Bina Group Bhd (LBS) melancarkan KITA Mesra, projek rumah mampu milik yang terdiri daripada 646 unit merangkumi tiga jenis hartanah iaitu rumah bandar, rumah dua tingkat dan rumah setingkat dengan anggaran nilai pembangunan kasar... -
Sunway REIT is looking into yield-enhancing acquisitions
Sunway real estate investment trusts (Sunway REIT) is actively exploring acquisition opportunities presented by the pandemic's fallout, according to Sunway REIT Management Sdn Bhd chief executive officer Datuk Jeffrey Ng. Ng said that Sunway REIT is in a good position to capitalise on... -
Teladan Setia to build a mixed-use integrated urban development in Jasin starting next year
Teladan Setia Group Bhd plans to build a mixed-use integrated urban development in Jasin on five parcels of land totaling 136.92 hectares in Jasin, Melaka. The developer is proposing to acquire the lands in Ayer Keroh for RM117.9 million in cash from Bakat Muhibbah Sdn Bhd (BMSB), a development... -
Introduce alternative financing options for house purchases
Like the budgets of previous years, Budget 2022 also has its share of special allocations or incentives to enable middle- and low-income earners to attain their dream of owning a house Economic analysts, however, are sceptical that this objective will be met owing to the critical impact of the... -
Sime Darby Property's latest projects totaling more than RM400mil all snapped up
Sime Darby Property has addressed the changing needs of homebuyers who require products that afford them the flexibility to evolve according to the new living conditions. Sime Darby Property Bhd has demonstrated that during a pandemic, it is prudent to offer buyers quality and versatile homes at... -
Ivory: Borders reopening, stimulus plan, softening prices to drive property demand in Penang
Ivory Properties Group Bhd’s ongoing projects include a 312-unit serviced suites, called The Wave, which is phase three of Penang Times Square. Ivory Properties Group Bhd expects to see an increase in demand for residential properties in Penang, underpinned by the opening of borders, the... -
Oakwood Premier Kuala Lumpur will open in 2024, next to the world's second tallest tower
An artist’s impression of Merdeka 118 with the 118-storey structure and residential towers Oakwood Premier Kuala Lumpur is scheduled to open in December 2024, next to Merdeka 118, the world's second-tallest structure that will reach almost 700 metres high next year. It will have 348 serviced... -
More stimulus is required for a faster recovery of the housing market
Property experts and stakeholders hoped for more incentives to push the property sector forward, amid the ongoing Covid-19 pandemic, According to Sim Kwang Gek, a tax leader at Deloitte Malaysia, more could have been done to stimulate the property sector. She proposed, among other things,... -
Proptech Makes Waves In Property Industry
Ever heard of proptech? A shorthand for property technology, proptech has been one of those corporate buzzwords in the property industry that has been cropping up recently both locally in Malaysia and internationally. The idea behind proptech is to make buying, selling, owning, renting and... -
Rise Of Integrated Projects
Modern abstract cityscape and network connection concept . Preferences have been changing over the last few years, but since the Covid-19 pandemic, the inclination towards mixed and integrated developments have sharply risen. While the emergence of the mass rail transit (MRT), which made its debut... -
SkyWorld Partners Shopee To Offer SkyMeridien Residences Unit Giveaway
(From left) SkyWorld head of sales Desmond Tan, brand communications head Leonard Tan, Lee, Soh and his team holding the promotion banners for the joint offer. KUALA LUMPUR: City developer SkyWorld Development Group (SkyWorld) is teaming up with Shopee to give away a condominium unit for the... -
Rebirth Of A Hotspot
Pavilion Bukit Jalil Mall is set to open its doors on Dec 3. The iconic RM4bil Bukit Jalil City is making the once-buzzing Bukit Jalil alive again. Serving as a catalyst for the suburb’s rejuvenation, it is transforming Bukit Jalil back into the epicentre of style and living, drawing in a fresh... -
Sunway City Iskandar Puteri, A Vibrant Green Township Of Choice
As a master community developer, Sunway Property’s aspiring township Sunway City Iskandar Puteri is centred around five key pillars of accessibility, connectivity, environment, community and security. While remaining environmentally sensitive and ecologically conscious, its blueprint is designed... -
Chic Suburbia Lifestyle Living
Resort Residence I at Bandar Sri Sendayan avoids overcrowding in the neighbourhood by keeping development low density. In the flourishing township of Bandar Sri Sendayan, a stone’s throw away from the bustling city of Seremban is Clover by Matrix Concepts - a strategically located lifestyle... -
KPKT: 78 abandoned housing projects in Peninsular Malaysia
A total of 78 private sector projects involving 17,605 housing units with 11,735 buyers involved has been classified as 'abandoned' in Peninsular Malaysia, said Minister of Housing and Local Government (KPKT) Datuk Seri Reezal Merican Naina Merican. Reezal Merican said this year his ministry had... -
Glomac: Prospects intact, with RM8bil GDV within Klang Valley
Glomac Bhd has a potential estimated gross development value (GDV) of RM8 billion, largely within the Klang Valley. NSTP/ MUHD ASYRAF SAWAL Glomac Bhd remains cautious of the lingering impact of Covid-19 on the property market, however, the company's longer-term prospects remain intact. Group... -
Top Glove founder describes i-City GT as "comprehensive and well-developed"
((L-R) Tan Sri Lim Kim Hong, the founder and group executive chairman of I-Berhad and Tan Sri Dr. Lim Wee Chai, founder and executive chairman of Top Glove Corp Bhd had a friendly meeting recently. Tan Sri Dr. Lim Wee Chai, founder and executive chairman of Top Glove Corp Bhd, the world's largest... -
The RM3.52bil Hamilton City township will support Sime Darby Property's growth plans
Negeri Sembilan Menteri Besar, Datuk Seri Aminuddin Harunn (second from left) and Datuk Azmir Merican, Sime Darby Property group managing director (second from right) at the ground breaking ceremony of Hamilton City in Nilai, Negeri Sembilan. Sime Darby Property Bhd's strategic growth plans will... -
Merdeka 118, the world's second tallest tower, will surpass 644m tall upon spire completion
Merdeka 118 will be the world’s second tallest building. File image Malaysia will set another world record when its megatall structure, Merdeka 118, is completed in the third quarter of next year at nearly 700 metres above sea level. Merdeka 118's current architectural height is about 644 metres,... -
Sierra Hijauan is promoting a post-pandemic residential design to improve lifestyle
A swimming pool, picnic area, meditation deck, and nature trail are among the amenities in Sierra Hijauan. Courtesy image Sierra Hijauan, a resort-style luxury development in Sierra Ukay, Ampang, boasts over 20 facilities and amenities within its compound, championing a post-pandemic residential... -
Heng Huat may build industrial and commercial properties as its first real estate venture
Image credit: www.henghuat.com.my Heng Huat Resources Group Bhd plans to construct industrial buildings or a combination of commercial and industrial assets on several lots of land it is acquiring in Kulim, Kedah, as its first foray into property development. It may also build a dormitory for a... -
Axis REIT buys a warehouse facility in Pasir Gudang as part of its expansion strategy
Image of Menara Axis taken from www.axis-reit.com.my Axis Real Estate Investment Trust's (Axis REIT) trustees, RHB Trustees Bhd is acquiring a logistics warehouse facility in Johor for RM32 million, in line with its investment objectives and growth strategy. The proposed acquisition of the... -
Desaru Coast has a thriving real estate market for investors and vacation home buyers
Anantara Desaru Coast Residences is selling a limited number of three- and four-bedroom private pool villas starting at RM7.5 million in Desaru Coast. Courtesy image The growing international profile and tourism focus of Johor's Desaru Coast have created a thriving property market for real estate... -
The Home Ownership Campaign should be expanded to include secondary markets, according to Deloitte Malaysia
The Home Ownership Campaign (HOC) campaign may be expanded to secondary markets in order to boost the property market, according to Deloitte Malaysia. The current HOC, which ends on December 31, 2021, applies only to new properties registered through the campaign by specific developers. "The... -
REHDA: The property market will improve starting in 2022
The Real Estate and Housing Developers' Association Malaysia president Datuk Soam Heng Choon said the majority of developers are optimistic about the domestic economic environment and business prospects in the first half of 2022. The Real Estate and Housing Developers' Association Malaysia (REHDA)... -
Optimism Prevails As 15,076 Units Are Planned For 2H 2021
Soam (left) and Tong presenting the survey results. PETALING JAYA: More Malaysian developers are confident that next year will see better conditions for the property market despite the lower number of launches and sales in the first half of 2021 (1H21). Out of the 180 respondents in the Property... -
Rakyat Malaysia jangka harga rumah akan meningkat menjelang Dis 2022 - Kaji Selidik Juwai IQI
Kaji selidik yang dijalankan mulai 28 Sept hingga 21 Okt 2021 turut mendedahkan pilihan pembeli telah berubah dengan mendadak semasa pandemik.- Gambar fail KUALA LUMPUR: Sebahagian besar rakyat Malaysia berpendapat sekarang ini adalah masa yang sesuai untuk membeli rumah atau pangsapuri kerana... -
Pengguna jangka harga rumah meningkat tahun hadapan
Gambar fail. - NSTP/ZULKEPLI OSMAN KUALA LUMPUR: Sebahagian besar rakyat Malaysia berpendapat sekarang ini adalah masa yang sesuai untuk membeli rumah atau pangsapuri kerana mereka menjangkakan harga hartanah akan meningkat menjelang Disember 2022, demikian menurut kaji selidik oleh firma... -
Glomac sasar raih jualan hartanah mencecah RM580 juta
(Gambar fail) Datuk Seri FD Iskandar. - NSTP/EIZAIRI SHAMSUDIN KUALA LUMPUR: Glomac Bhd (Glomac), pemaju hartanah tempatan optimis untuk meraih jualan belum dibil yang dianggarkan RM580 juta dalam tempoh dua tahun akan datang. Pengarah Urusan dan Ketua Pegawai Eksekutifnya, Datuk Seri FD Iskandar Mansor... -
Sime Darby Property belanja RM250j bangunkan Bandar Hamilton
Menteri Besar Negeri Sembilan, Datuk Seri Aminuddin Harun (dua dari kiri) dan Pengarah Urusan Kumpulan Sime Darby Property, Datuk Azmir Merican menyempurnakan acara pecah tanah Bandar Hamilton di Nilai, hari ini - Foto ihsan Sime Darby Property NILAI: Sime Darby Property Bhd memperuntukkan RM250... -
Pertimbang insentif kepada pasaran hartanah sedia ada
Gambar fail. Pelanggan meninjau peluang membeli kediaman di salah satu pameran hartanah - NSTP/ZULKEPLI OSMAN KUALA LUMPUR: Kerajaan diminta memberi insentif kepada pembeli hartanah kediaman sedia ada atau sekunder dalam Bajet 2022 seperti mana diberikan kepada pasaran hartanah kediaman utama atau... -
Syor beli rumah di pinggir bandar dalam Bajet 2022
Kawasan pinggir bandar seperti Dengkil Semenyih KUALA LUMPUR: iProperty.com mencadangkan supaya kerajaan mempromosikan pembelian rumah di kawasan pinggir bandar sebagai antara cara merangsang pemulihan pasaran hartanah kediaman di negara ini melalui Bajet 2022. Pengurus Besar iProperty.com.my,... -
Kerajaan diminta campur tangan kos bahan binaan mahal
KUALA LUMPUR: Kerajaan diminta campur tangan sekiranya masalah kos material berpanjangan dan menjadi terlalu serius, kata Persatuan Pemaju Hartanah dan Perumahan Malaysia (REHDA). Presiden Datuk Soam Heng Choon berkata, para pemain industri selalu menyokong pasaran bebas, tetapi beliau memaklumkan bahawa... -
CIMB tawar pembiayaan hartanah kepada pelanggan Juwai IQI
Ketua Pegawai Eksekutif CIMB Islamic, Ahmad Shahriman Mohd Shariff (kiri) dan Pengasas Bersama merangkap Ketua Pegawai Eksekutif Kumpulan Juwai IQI, Kashif Ansari KUALA LUMPUR: CIMB Bank Bhd dan CIMB Islamic Bank Bhd menjalin kerjasama dengan Juwai IQI, kumpulan teknologi hartanah terbesar di Asia... -
Majoriti pemaju sedia bina rumah lebih murah
Pasaran hartanah dijangka kembali pulih sepenuhnya dalam tempoh enam hingga 24 bulan akan datang Majoriti pemaju hartanah bersedia untuk membina rumah yang berharga lebih rendah, di tengah-tengah keyakinan bahawa pasaran akan kembali pulih sepenuhnya dalam tempoh dua tahun ini. Hasil tinjauan... -
The RTS and Gemas-JB rail networks, as well as the MM2H, may help to stimulate the Johor property market
The Malaysia-Singapore rapid transit system link project is projected to be completed by the end of 2026. About 70,000 residential properties in Johor are unsold, empty, or abandoned due to new homeownership rules and the suspension of Malaysia My Second Home Programme (MM2H), according to Johor... -
Sunway Property has launched a marketing campaign for four new developments worth RM1.8bil
An artist’s impression of Sunway d’hill Sunway Property has soft-launched four property projects with a combined gross development value of RM1.8 billion, all intended for new norm living. The four projects are Sunway Artessa, Sunway d'hill, Sunway Velocity TWO Tower D, and Sunway Belfield Tower... -
Bring back the HSR to boost property sales and the economy
Major property developers are hoping for good news in Budget 2022 regarding developing the Kuala Lumpur-Singapore High-Speed Rail (HSR) and other railway infrastructure projects. They're counting on the HSR project's progress to boost residential and commercial property sales in some of the... -
Rehda estimates over RM60bil development expenditure in Budget 2022
Real Estate and Housing Developers' Association Malaysia (REHDA) has estimated the targeted development expenditure (DE) for Budget 2022 to be between RM60 billion and RM65 billion and may feature the roll-over of unutilised DE for 2021. According to CGS-CIMB's research note today, what is key for... -
WCT adds to its Sabah property portfolio with an RM7 billion mixed-use development
WCT Holdings Bhd is expanding its development efforts in Sabah and plans to build an RM7 billion mixed-use property in Lok Kawi. WCT Perkasa Sdn Bhd, its indirect 80 percent-owned subsidiary, signed a deal with Yayasan Sabah on October 13, 2021, for the option to buy development rights over seven... -
MRCB has completed the acquisition of land in Perak for its Simpang Pulai development
Malaysian Resources Corp Bhd (MRCB) has completed the acquisition of 18 parcels of leasehold land near Ipoh, Perak, from major shareholder Tan Sri Mohamad Salim Fateh Din. In a stock exchange filing, MRCB said the acquisition was completed on October 13, 2021. MRCB's indirect wholly-owned... -
Keponggi Square, which is modelled after Roponggi, has sold 70 per cent of its units
Keponggi Square, has sold 70 per cent of its units. Metropolitan Lake Development (MLD) Sdn Bhd's maiden project, Keponggi Square, has sold 70 per cent of its units, thanks to the leadership of renowned developer Datuk Michael Yam. Michael Yam is the chairman of MLD. He is also the immediate past... -
Budget 2022: Promote sub-urban areas, and aspects of the MM2H programme
The government should make more efforts to promote sub-urban areas and housing as a viable alternative to densely populated urban areas. iProperty.com.my general manager Shylendra Nathan said that should consumer demand for sub-urban areas increase, the government could introduce key... -
BUDGET 2022: Help strugglling homeowners keep their homes
The government should help struggling homeowners keep their homes when the moratorium ends by granting income tax reduction on interest accrued on house loans, says PropertyGuru Malaysia. Apart from assisting first-time homeowners, the firm said there is a need to help individuals who are battling to... -
Club Med Cherating is up for sale, with a leaseback arrangement
Club Med Cherating, an all-inclusive seaside resort in Pahang is spread across 85 hectares. The all-inclusive family beach resort Club Med Cherating, which has been open for 41 years in Pahang, is up for sale, according to sources. Club Méditerranée, or Club Med, is the owner of the property,... -
Glomac sasar habiskan jualan Primrose dalam setahun
Ketua Pegawai Operasi (Operasi) Glomac, Zulkifly Garib. KUALA LUMPUR: Pemaju hartanah, Glomac Bhd, menyasar untuk menjual semua 123 unit projek perumahan rumah dua tingkat Primrose di perbandaran Saujana KLIA, Sepang dalam tempoh setahun ini. Ketua Pegawai Operasi (Operasi) Glomac, Zulkifly Garib... -
MQ Tech expands in real estate and tourism development
MQ Technology Bhd (MQ Tech) is expanding into real estate and tourism development by purchasing a share in a property firm in order to diversify its revenue streams. According to the firm, it plans to market property development projects. MQ Tech notified Bursa Malaysia that on September 24, 2021,... -
Budget 2022: More measures needed to help property sector, says Rehda
The government, through the Housing and Local Government Ministry, has been doing an admirable job of trying to make the housing delivery system as smooth as possible to ensure that the people would have access to affordable homes. However, this has not been an easy task to undertake as housing... -
LBS Bina to construct 1450 apartments in Seri Kembangan worth RM310mil
An artist’s impression of Prestige Residence, which will provide 1450 apartments. LBS Bina Group Bhd will construct 1450 apartments in Seri Kembangan, Selangor, valued a total of RM301 million. The eight-acre project, known as Prestige Residence, will provide three different layouts, ranging in... -
Metropolitan Lake Development Begins Work On Keponggi Square
An artist impression of the development. KUALA LUMPUR: Metropolitan Lake Development (MLD) has kickstarted its maiden project, Keponggi Square, which is part of the Metropolitan Waterfront Masterplan. Keponggi Square, which has a gross development value (GDV) of RM220mil, is slated for completion in Q1... -
Star-Studded Developers To Showcase Award-Winning Properties
Potential home-buyers seeking their dream homes can find a plethora of award-winning choices at the StarProperty Awards Showcase 2021. To be held from Oct 15 to 17 at Sunway Pyramid, the exhibition follows the coattails of the sixth instalment of the prestigious StarProperty Awards 2021. Home-buyers,... -
Kediaman bertanah masih jadi pilihan utama pembeli
KUALA LUMPUR: Kediaman bertanah masih menjadi pilihan pembeli rumah meskipun citra rasa terhadap gaya hidup sudah berubah, demikian kata Pengarah Urusan PropertyGuru DataSense, Joe Hock Thor. Beliau berkata, berdasarkan data yang ada, masih ramai yang menyukai dan mencari kediaman bertanah, yang... -
KPKT is looking for ways to bring abandoned housing projects back to life
Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said there are 79 abandoned housing projects in Peninsular Malaysia. The Ministry of Housing and Local Government (KPKT) is looking for solutions to resurrect the country's abandoned housing projects. KPKT Minister Datuk... -
The Pano by OCR is 86 per cent sold
The Pano’s topping-out ceremony took place yesterday. The Pano, which consists of 363 serviced apartments and is located along Jalan Ipoh in Kuala Lumpur, is currently 86 per cent sold, according to OCR managing director Billy Ong Kah Hoe. The project's topping-out ceremony, which includes eight... -
Residents and businesses in Seremban 2 are benefiting from IJM Land's LikeS2 mobile app
LikeS2 is a lifestyle-themed mobile application exclusively developed for the Seremban 2 township. IJM Land Bhd has been assisting businesses in Seremban 2, Negeri Sembilan to grow since the state entered Phase 4 a year ago. The developer launched LikeS2, its first lifestyle-themed mobile... -
New investor for Empire City Mall
Rubberex Corp (M) Bhd’s maiden property investment venture is in a mall located within the RM5 bilion Empire City Damansara. Empire City Mall, which has a net nettable area of 1.7 million square and is located in Petaling Jaya, Selangor has Rubberex Corp (M) Bhd coming in as its new investor. The glove... -
Rebound seen in residential rental property demand for 1H 2021
Malaysia's residential rental property demand swung to a positive year-on-year (y-o-y) growth of 1.9 per cent in the first half (H1) of 2021 from a contraction of 5.6 per cent in the corresponding period last year, according to property portal iProperty.com.my. Growth in user visits outperformed the growth... -
The Holiday Villa Hotel in Subang is no longer in operation
Holiday Villa Hotel & Conference Centre Subang had been a popular destination for more than two decades. Holiday Villa Hotel & Conference Centre Subang has ceased operation effective October 1. IJM Land Bhd, which owns the hotel, is said to be examining a range of options to boost the property's... -
Menyewa lebih relevan dalam situasi semasa
Permintaan terhadap hartanah kediaman sewa di Malaysia mengalami pertumbuhan positif - Foto hiasan KUALA LUMPUR: Situasi pasaran hartanah pada masa ini memihak kepada penyewa kerana lebih relevan dari segi kewangan berikutan komitmen bulanan yang lebih rendah berbanding pembelian hartanah,... -
Harga tinggi halang B40, M40 miliki rumah
Belanjawan 2022 harus menjadikan pemilikan rumah lebih mudah bagi golongan B40 dan M40 - Foto hiasan KUALA LUMPUR: Kajian Sentimen Pengguna Separuh Kedua 2021 PropertyGuru mendapati harga yang tinggi menjadi penghalang utama bagi pencari rumah walaupun empat daripada lima rakyat Malaysia berhasrat untuk... -
Projek CORE Residence @ TRX dapat sambutan
Pengarah CCCG Overseas Real Estate Pte Ltd, Zhang Bao KUALA LUMPUR: Pembangunan hartanah pegangan bebas mewah, CORE Residence @ TRX yang dimajukan oleh CORE Precious Development Sdn Bhd mencapai kadar langganan 70 peratus untuk Menara 1 dan 2. Dalam pada itu, pemaju menyasar untuk melancarkan... -
LBS: Make HOC a permanent fixture to aid in the recovery of the housing market
LBS Bina Group Bhd executive chairman Tan Sri Lim Hock San. LBS Bina Group Bhd hopes the Home Ownership campaign (HOC) will be a permanent fixture in the housing market. The HOC has been a welcome boost for property developers in generating property sales as consumers became more cautious because to the... -
Invest in your first property before the market rises
Purchase a home now, because prices are expected to climb next year as the economy grows and construction costs rise. Kashif Ansari, co-founder and group chief executive officer of Juwai IQI, said that with the country's advancements, this was a good moment to buy real estate. "With lower interest... -
Darulaman Lagenda, an RM550 million township in Kedah, is set to begin construction next year
Bina Darulaman Bhd will kick-start its joint venture township development with Lagenda Properties Bhd known as Darulaman Lagenda, in the second quarter of next year. Bina Darulaman Bhd (BDB) and Lagenda Properties Bhd will construct affordable houses in Sungai Petani, Kedah, beginning in the... -
Garden Squares penuhi keperluan setiap generasi
Lokasinya berdekatan dengan faktor tarikan sedia ada dan akan datang, seperti Gamuda Gardens City Center (GGCC), inisiatif penempatan Xploria dan institusi pendidikan. KORIDOR kemajuan di utara Lembah Klang muncul sebagai sebuah kawasan tumpuan pembangunan pada masa kini dengan fokus populasi... -
Bank Negara temporarily suspends credit reporting agencies' access to CCRIS services
KUALA LUMPUR (Oct 1): CTOS Digital Bhd said Bank Negara Malaysia (BNM) has temporarily suspended the Central Credit Reference Information System (CCRIS) services to credit reporting agencies. In a filing with Bursa Malaysia on Friday, the group said its wholly-owned subsidiary CTOS Data Systems... -
Malton expects several ongoing projects to contribute to its bottom line in FY 2022
An artist’s impression of The Park @ Bukit Jalil Malton Bhd said prospects of the property development industry for its current financial year ending June 30, 2022 (FY 22), are expected to remain challenging. The property and construction group said the re-imposition of the stricter lockdown from... -
Ivory Properties is upbeat about its prospects for 2022
An artist’s impression of The Wave at Penang Times Square, one of many projects undertaken by Ivory Properties Group Bhd. An artist’s impression of The Wave at Penang Times Square, one of many projects undertaken by Ivory Properties Group Bhd. Datuk Low Eng Hock, the company's chief executive... -
Commercial properties under pressure, but no major risk to financial stability, says Bank Negara Malaysia
The downward pressure on occupancy and rental rates for shopping complexes and office space is not expected to significantly increase risks to financial stability given the limited direct bank lending exposures, said Bank Negara Malaysia Occupancy and rental rates of shopping complexes and office... -
Hatten Land turns to cryptomining to repurpose its mall footprint in Melaka
Hatten Land Ltd owns and runs six shopping malls with a total floor area of more than six million square feet, as well as four hotels in Melaka Hatten Land Ltd, a Melaka-based property developer, is using bitcoin to repurpose its mall footprint as part of a larger strategy that incorporates... -
IJM Land has launched new homes in Sierra Hijauan, with prices starting at RM1.15mil
An artist’s impression of a luxury home in Sierra Hijauan. Sierra Hijauan, a resort-style luxury development in Sierra Ukay, Ampang, has been selling successfully despite its high price tag since it offers a unique living experience and a nice respite from the frantic city life, among other... -
Tertarik dengan kempen HOC, permintaan pembiayaan rumah melebihi paras sebelum pandemik - Laporan BNM
Permintaan untuk pembiayaan telah pulih melebihi tahap sebelum pandemik dengan permohonan pinjaman meningkat merentasi kebanyakan segmen harga rumah. - Gambar fail Transaksi pembelian hartanah meningkat pada kadar lebih kukuh dalam tempoh separuh pertama 2021 berbanding tahun lalu di sebalik... -
Cyberview dapat hak pembangunan Zon Flagship Cyberjaya
Cyberview Sdn Bhd KUALA LUMPUR: Pemaju hab teknologi, Cyberview Sdn Bhd mengambil alih hak pembangunan Zon Flagship Cyberjaya (CFZ) berkeluasan 183.4 hektar yang sebelum ini dipegang oleh Setia Haruman Sdn Bhd. Dalam satu kenyataan hari ini, ia berkata langkah itu seiring dengan mandat kerajaan... -
Tropicana will continue to be market-driven in its product offerings
Tropicana Corp Bhd expects continued demand for properties in good areas, despite the current economic climate. Its group managing director Dion Tan believes there will be demand across its existing, matured, and growing townships with appealing pricing and unique ownership packages and offerings. Tan... -
HBA urges the government to set up a data bank on housing projects
The National House Buyers Association (HBA) has urged the government to set up a data bank where information on affordable housing projects can be made available to the public. HBA honorary secretary-general Datuk Chang Kim Loong said the data bank should contain information on projects under... -
The 12th Malaysia Plan will be beneficial to the housing sector, says Mah Sing chief
Mah Sing Group Bhd witnessed a strong increase in footfall at its sales galleries across Malaysia since the re-opening recently. Courtesy image The various steps under the 12th Malaysia Plan (12MP) to reinvigorate the country's economy post-pandemic will augur well for the housing sector, said Mah... -
Setia Awan Group unveils the country's first project combining TOD and SoHo transit units
An artist’s impression of Astrum Ampang, which will have a total of 5,228 Soho units and serviced apartments in six blocks. Courtesy image Setia Awan Group is introducing Astrum Ampang, the country's first project combining the ideas of a transit-oriented development (TOD) and SoHo (small office,... -
Rumah mampu milik mesti berharga bawah RM300,000
Kerajaan akan meningkatkan peluang kumpulan B40 dan M40 memilik rumah di bawah RMK-12 - Foto hiasan KUALA LUMPUR: Hartanah berpatutan mesti memenuhi kriteria seperti harga di bawah RM300,000 dibina dengan keluasan minimum 900 kaki persegi (tidak termasuk balkoni) serta lokasinya berhampiran dengan... -
WCT intends to keep its malls and hotels and improve their performance
WCT Holdings Bhd currently operates five retail malls and two hotels. Courtesy image. WCT Holdings Bhd will retain all its assets, including the group's hotels and retail malls, says its group managing director, Datuk Lee Tuck Fook There are currently no plans to sell any of the properties, he... -
Tanco is stepping up its game in terms of real estate development and land reclamation
An artist’s impression of Kuantan Hotel Suites. File image Tanco Holdings Bhd, known for projects such as Bandar Country Homes in Rawang and Duta Vista in Damansara is upping the ante in terms of property development and construction to boost its performance. The company is expected to commence... -
Kerajaan Peruntukkan Rm2.25 Bilion Sedia Bantuan Perumahan Kepada Rakyat Miskin
Bagi menyediakan bantuan perumahan kepada rakyat miskin, Kerajaan akan memperuntukkan sebanyak RM2.25 bilion ringgit dalam tempoh RMKe-12. Peruntukan ini adalah untuk membina dan membaik pulih sebanyak 85,500 unit rumah di bawah Program Bantuan Rumah, melibatkan 75 ribu unit rumah di kawasan luar... -
Safer short-term rental lodging as travel resumes in Phase 2 states
Airbnb is presenting the country's first industry-led Code of Conduct for short-term rental lodging, as travel resumes in more Phase 2 states. The Code of Conduct, which will be published on Airbnb's responsible hosting page, will establish a benchmark and standards for short-term rental... -
MGB will build affordable houses worth RM366mil in Johor, says its chief.
MGB Bhd group executive vice-chairman Tan Sri Lim Hock San said that the Zenit Molek project will have a gross development value of RM366 million. Courtesy image LBS Bina Group Bhd's subsidiary, MGB Bhd, will build an affordable housing project with a gross development value of RM366 million in... -
Projek Matrix Concepts dapat sambutan positif
Projek pembangunan Bayu Sutera KUALA LUMPUR: Fasa pertama projek pembangunan Bayu Sutera yang dimajukan Matrix Concepts Holdings Bhd merekodkan 95 peratus tempahan dalam tempoh dua minggu. Ketua Pegawai Pemasarannya, Lim Kok Yee, berkata meskipun dalam keadaan ekonomi yang kurang memberangsang dan... -
TAFI Industries reaches a new milestone in property development
TAFI Industries Bhd, a furniture maker, turned developer, is breaking new ground in property development in Pahang despite the ongoing Covid-19 pandemic. The company said yesterday in a stock exchange filing that it would build five mixed housing projects in Kuantan, with a total gross development value... -
Tropicana’s Campaign Is Back By Popular Demand
Freesia Residences comprises contemporary villa homes. PETALING JAYA: In extending the Tropicana 100 campaign for another 100 days, Tropicana Corporation Bhd (Tropicana) has revised the promotion into Tropicana 100 Xtended. Back by popular demand, the campaign offers buyers 100% interest-free... -
Glomac Plans RM282mil New Launches This Year
Primrose in Saujana KLIA was launched earlier this month. PETALING JAYA: Glomac Bhd is planning to launch new properties with an estimated gross development value (GDV) of RM282mil this year as the group’s existing residential products are almost fully sold and economic restrictions are easing. Comprising... -
Concept Home 2030 Competition Attracts Record-Breaking Registration
The response from participating architects is encouraging, said Azmir.ARA DAMANSARA: The new blueprint for reinventing the conventional Malaysian terrace home design kicks off with 170 professional Architects registering for the Concept Home 2030 Competition. The competition is co-organised by... -
Making Mortgages Easier
Bank Rakyat is making it attractive for first-time homebuyers to finance their dream home. As one of the more innovative banks in Malaysia, Bank Rakyat has turned its attention to encourage first-time home owners, especially young adults, to secure home financing, especially when many constraints... -
Join Our Team
CID's core businesses comprises mainly of property transaction, managing of new project development and real estate agency, each having its contributing and complementing to the group strategies which is to product services and the products at the most effective and competitive level without... -
Being a landlord for the first time? Top tips for you to learn
Being a landlord for the first time? Top tips for you to learn Renting out your property to repay the mortgage is the easiest way to gain profit from your real estate investment. However, being a landlord involves lots of responsibilities. Therefore, you must learn the obligations and details as a... -
Govt to revise real property gains tax rates
The government will revise the Real Property Gains Tax (RPGT) rates for disposals of properties or shares in the property holding companies after the fifth year. Finance Minister Lim Guan Eng said for companies and foreigners, the rate would be increased from 5.0 percent to 10 percent, while for... -
Upgrading your house, things to be concerned about
Although the property market seems to be focusing on the first-time homebuyers, there are other segments of buyers in the market, and among them are the upgrades. Upgraders are typically homeowners who are looking to buy their next home to accommodate their growing family. But there are also other... -
Small homes; when less is more
Space has always been an important determinant in the search for an ideal house. However, any incremental in this aspect will directly affect the price of the property, and house buyers should not pay more than is necessary for their needs. As much as space offers comfort, there are other negative... -
Malaysia’s 2019 Budget
Malaysia’s 2019 Budget Highlights: •Petronas dividend will double to MYR54b (US$13bil) in 2019.•Malaysia expects growth to moderate to 4.8% this year.•Current account is expected to stay in surplus, albeit slightly smaller.•Malaysia sees average palm oil prices at MYR2,400/ton in 2019.•Malaysia... -
Ride upside of technology
APPS, smart systems, automation – these are only the beginning of what industry captains say may be an eventful journey towards having a business that is digitally supported and enabled.With rapid technology development, companies, both large and small, will inevitably be changed. Decades-old... -
Budget 2019 Wish list 001: Malaysians want cheaper homes
THE next big thing that most Malaysians are waiting for is the national budget 2019, and the government has opened to the people to send in their suggestions before it is tabled on Friday, Nov 2 2018.There have been some interesting budget suggestions under the various categories, including the... -
Rehda urges flexible execution of KL City Plan 2020 to accommodate changes
1. Making the KL City Plan relevant, inclusive and worthyFirst launched in 2008, Kuala Lumpur City Plan 2020 (KLCP 2020) is a blueprint for the city development. However, despite the plan to gazette it in 2013, it was delayed and remained as a draft to date.In June 2018, an announcement from the... -
Study of freehold land title, to be granted within five years
The state government is conducting a detailed study to provide freehold land titles to leasehold housing land as promised in the 14th general election (GE14), said MenteriBesarAminuddinHarun.Also the State Assemblyman for Sikamat, Aminuddin said the state government has had several meetings and... -
TRX Faces Challenging Environment
With about four million sqft of new office space set to enter the market in Q1 2019, leasing is becoming a challenge for the TunRazak Exchange (TRX).This comes as over half of the new office space set to be ready soon includes the 2.6 million sqft at Exchange 106, Indonesian Mulia Group’s six-star... -
Construction Sector Spending To Slow Down In Q4 2018
Government spending on infrastructure projects is expected to decline further in Q4 2018 as Putrajaya terminated and deferred massive projects implemented by previous administration in a bid to cope with the country’s high debt of over RM1 trillion, reported the Borneo Post.“We believe that... -
Service Sector Remain 6% from GST into SST in Malaysia
However, room tariffs may not increase after the new policy is deployed from September 1, 2018.As far as the service sector is concerned, the deployment of SST (Sales and Services Tax) starting from September 1, 2018, may not result in much of a price difference for services.We feels that this...
