News
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Sabah to offer its MM2H scheme
Minister of Tourism, Culture and Environment Datuk Christina Liew: The state cabinet has approved the policies which govern the prerequisites for participation in the programme such as age requirement, medical certification and a fixed deposit account in Sabah.” KUALA LUMPUR (Feb 2): The state... -
Rapid Bus, DBKL launch intermediate bus service
This service was activated on Thursday evening during peak hours and is the result of discussions in an effort to help launch intermediate bus trips that support alternative LRT services on the Ampang route, especially between the Hang Tuah and Bandaraya LRT stations. KUALA LUMPUR (Feb 2): Rapid... -
Two ex-PMs, three others ordered to file defence in suit over termination of HSR project
Apart from the two former PMs, the other three defendants named in the suit filed by Mohd Hatta Sanuri, 47, are former minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed, former transport minister Datuk Seri Dr Wee Ka Siong and the government. KUALA LUMPUR (Feb 2):... -
Kerjaya Prospek wins contract worth RM135 mil from BBCC Development
The project is expected to commence on March 1, 2023 for 36 months. It includes the design and build contract of main building works for a 31-storey block of service apartments, basement and podium, consisting of a seven-storey car park, main lobby and multi-purpose hall. KUALA LUMPUR (Feb 2):... -
LRT disruption: Land Public Transport Agency recommends suspension of activities at areas involved
Land Public Transport Agency said based on preliminary inspection and observation, some development activity is going on next to the railway track and in the LRT second reserve area without any consultation with the agency under P.U. (A) 367. KUALA LUMPUR (Jan 27): The Land Public Transport Agency... -
SCIB withdraws from 'long-delayed' JB hospital project
The group had issued a letter of withdrawal to Kencana Healthcare Sdn Bhd, and it was accepted on Thursday (Jan 26), said SCIB in a statement on Friday. KUALA LUMPUR (Jan 27): Civil engineering group Sarawak Consolidated Industries Bhd (SCIB) said it has withdrawn from proposed engineering,... -
Anwar says no new landmarks under his administration
"I care about Kuala Lumpur. KLCC and the TRX are enough. I will not compete." PUTRAJAYA (Jan 17): Prime Minister Datuk Seri Anwar Ibrahim said he had no intention of building new landmarks under his administration. Anwar, who is also the finance minister, said existing landmarks such as the... -
IOI Properties’ Arena Residences in Warisan Puteri opens for sale; unveils Lotus’s new concept store at Arena Xchange
IOI Properties Group Bhd CEO Datuk Voon Tin Yow (left) and Lotus’s Malaysia president Kenneth Chua at the event at IOI City Tower Two on Jan 13. (Photo by The Edge) The freehold serviced apartment spread over 3.28 acres will comprise 866 units across four blocks with built-ups ranging from 904 to... -
Henry Butcher Malaysia: Local residential market will not be much impacted in 2023
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. "Local economists believe that Malaysia will not enter a recession, although the rate of growth is expected to slow down.” KUALA... -
Gamuda buys RM360m Rawang land for mixed development with RM3.3b GDV
"We anticipate a greater uptake for our future products with the upcoming retail, leisure and commercial properties in the next two years to tailor for the burgeoning market in this area.” KUALA LUMPUR (Jan 3): Gamuda Bhd’s unit is acquiring eight parcels of freehold lands in Rawang collectively... -
Analysts see possible minor reviews, delay in MRT3 awards and tenders to late 1H2023
Post election, it noted, there are uncertainties over the timing of mega infrastructure rerating catalysts. KUALA LUMPUR (Jan 9): Tenders and awards for the Mass Transit Rapid 3 (MRT3) may be slightly delayed from earlier expectations in the first quarter of 2023 to the later part of the first... -
Development projects: Guidelines required to determine jurisdiction, roles of federal and state agencies
Works Minister Datuk Seri Alexander Nanta Linggi said this follows the announcement by the Prime Minister Datuk Seri Anwar Ibrahim on Wednesday (Jan 4), recognising the Public Works Departments (JKR) in Sabah and Sarawak as government technical departments. KUCHING (Jan 5): A set of guidelines... -
Purchasers go to court in bid to oppose Empire Remix corporate voluntary arrangement
Ranjan Chandran, the lawyer for the 36 buyers who are seeking to be interveners to oppose the CVA, submitted on Wednesday (Jan 4) that the CVA was usually intended for ailing companies and not for abandoned developments. KUALA LUMPUR (Jan 4): A group of buyers have applied for leave to intervene... -
Exchange 106 ‘accredited’ as the tallest building in Malaysia from completion in 2019
Mulia Property Development stated that Council on Tall Buildings and Urban Habitat announced an addition to the criteria for measuring the height of a building from street level in a case where the entrance of a building sits on a significant podium. KUALA LUMPUR (Jan 5): The Council on Tall... -
Apex Court ruling leaves Court of Appeal’s contradicting decisions in limbo
Chang: The minister’s decision made in denial of the rights to be heard is therefore bad in law and ought to be set aside (Photo by EdgeProp.my). Apex Court held that the ‘threshold’ under Section 96 of Courts of Judicature Act has not been met. Hence, ‘leave of court’ to escalate to Apex Court... -
Facing more than 40% rise in electricity cost, steel players seek review of new ICPT surcharge
With the tariff hike, it forecast that the steel industry’s annual electricity cost, which is estimated at RM1 billion in 2022, would rise to more than RM1.5 billion under the new tariff structure. KUALA LUMPUR (Dec 27): The iron and steel industry is appealing to the government to review the new... -
Putrajaya MRT Line Phase 2 to start operation in March 2023
The 38.7km-long section of the Phase 2 alignment consists of 15 elevated stations and nine underground stations. KUALA LUMPUR (Dec 23): Putrajaya MRT Line Phase 2 will be fully operational from March 2023, as the construction of the line has been completed. Mass Rapid Transit Corp Sdn Bhd (MRT... -
CNN Travel revelation gives Ipoh a boost
The list of 18 of Asia's Most Underrated Places gives exposure and recognition to each destination that is deemed to have good tourism value, but still lacks the attention it deserves. IPOH (Dec 26): With Ipoh mentioned as the first destination in the list of 18 of Asia's Most Underrated Places by... -
Compensation for forcefully acquired properties should not be subject to income tax, rules apex court
“No law shall provide for the compulsory acquisition or use of property without adequate compensation." PUTRAJAYA (Dec 12): In a landmark judgement, the Federal Court last Friday (Dec 9) ruled that the compensation obtained for properties or land that are forcefully acquired by the authorities... -
Public Bank founder Teh Hong Piow passes away, aged 92
Teh ranked 316th on the Bloomberg Billionaires Index with a fortune of US$7.1 billion (RM31.36 billion), as of Nov 9. He was the second-highest ranked Malaysian on the index after Robert Kuok, who ranked 90th (US$16.7 billion). KUALA LUMPUR (Dec 12): Public Bank Bhd founder and chairman emeritus... -
Setia Eco Park’s Straits of Heron 2 fully sold in one hour
With a total gross development value of RM242 million, Straits of Heron comprising Straits of Heron 1 and Straits of Heron 2 is the first collection of Setia Eco Park’s Paradise of Birds, a low-density enclave located near the Bukit Cerakah Forest Reserve SHAH ALAM (Dec 10): S P Setia’s Setia Eco... -
The Tropika Bukit Jalil opens its commercial way before residential starts
(From left) Oomph Café & Bar founder Vince Chow, Trendcell Sdn Bhd chief executive officer Adelene Foo, Berjaya Land Bhd (BLand) CEO Datuk Abdul Rahim Mohd Zin, BLand deputy chairman and Berjaya Corp Bhd joint group CEO Syed Ali Shahul Hameed, BLand executive director Tan Tee Ming, Anytime Fitness... -
Rafizi: Budget 2023 to be tabled earliest in January
Previously, Budget 2023 was tabled on Oct 7 with a total allocation of RM372.3 billion, but Parliament was dissolved three days later to make way for the 15th general election. PUTRAJAYA (Dec 5): Newly appointed Economic Affairs Minister Mohd Rafizi Ramli said on Monday (Dec 5) that the unity... -
Completion of Pan Borneo Highway among Nanta's main priorities
The project’s first phase was supposed to have been completed in 2016, but in Sabah, the project is only 60% ready. In Sarawak, the progress is over 85%. KUALA LUMPUR (Dec 5): Works Minister Datuk Seri Alexander Nanta Linggi (pictured) will focus on the completion of the Pan Borneo Highway to... -
AME REIT to acquire industrial properties in Iskandar Malaysia for RM69m
"Upon completion of the proposed acquisitions, AME REIT retains a premium portfolio of 37 properties containing freehold industrial properties and worker dormitories with steady tenancies." KUALA LUMPUR (Dec 5): AME Real Estate Investment Trust (REIT) has proposed to acquire three industrial... -
Sunway Lagoon unveils new attraction signifying its confidence in the tourism industry
The Wild Wild West-themed night park will utilise the unrealised potential for advancements in both business and pleasure travel. Sunway Group's Sunway Lagoon theme park has unveiled a brand-new night attraction, the Wild Wild West-themed night park, which includes a miniature cow barn and a... -
Property sector improved in 2022; spiralling building material prices remain a concern
The real estate sector saw improvement both in terms of transactions and value this year compared with 2021, supported mainly by the resumption of economic activities across the board and the reopening of the country's international borders. The National Property Information Centre (NAPIC), which... -
Asean highlights three key efforts to promote sustainable city development
“Robust and integrated central digital infrastructure is necessary to realise excellence in public service delivery.“ FUKUSHIMA, Japan (Dec 5): The 4th Asean-Japan Smart Cities Network High Level Meeting kickstarted here on Sunday (Dec 4), with Asean highlighting three key efforts in promoting... -
Gamuda Land’s SplashMania Waterpark To Open In January
(From left) Sanjay, Chan, Arpaaii, Chu and Suresh with the official SplashMania mascots (from left) Omba’ King the Dugong, Zoomi the Orang Utan, Max the Otter and Swaggy B the Sun Bear. PETALING JAYA: Gamuda Land is aiming to open the doors of its SplashMania Waterpark, an 18-acre waterpark at the... -
S P Setia appoints Annuar Marzuki as new CFO
Prior to holding the CFO position at S P Setia, Annuar Marzuki Abdul Aziz, 52, was CFO and chief investment officer of KLCC Property Holdings Bhd. KUALA LUMPUR (Dec 1): S P Setia Bhd on Thursday (Dec 1) announced the appointment of Annuar Marzuki Abdul Aziz (pictured) as its new chief financial... -
Penang Offers 90% Discount For Land Lease Extension, Selangor Records Highest Number Of “Sick” Projects
The state government of Penang is offering a discount of between 50% and 90% for the extension of lease for all categories of land. Meanwhile, National Housing Department data showed that Selangor registered the highest number of “sick” or abandoned housing projects as of 21 October 2022. 1)... -
Sunway REIT’s 3Q NPI jumps 82%, spurred by retail and hotel segments
Looking ahead, Sunway REIT Management Sdn Bhd — the manager of Sunway REIT — said it remains optimistic on the group’s outlook for FY2022, underpinned by strong growth in its retail segment, gradual recovery in the hotel segment and the new income contribution. KUALA LUMPUR (Nov 17): Sunway Real... -
PR1MA Rantau buyers to finally get keys to homes, Sungai Buaya settlers want answer over status of their land and more
PR1MA Rantau buyers to finally get keys to homes, Sungai Buaya settlers want answer over status of their land and more The 742 buyers at the PR1MA housing project in Residensi Bandar Ekar, Rantau can look forward to collecting the keys to their housing units as the project is set to be completed... -
Selangor’s Affordable Housing Developments See Greater Heights
When it comes to recreational activities and outdoor spaces, Residensi Advena strives to go beyond expectations. Following through on its commitment to increase the number of affordable homes in Selangor, the Selangor State Department Corporation (PKNS) launched its latest development Residensi... -
Out With The Old, In With The New
Tropicana Metropark is the reincarnation of an old industrial factory. Have you ever driven by a shambling building or a disused plot of land depleted of flora and fauna? Old and abandoned development sites are unsightly and could even be an environmental hazard for nearby residents. Such sites... -
Pavilion Damansara Heights Mall set to open its doors in May next year
From left: Steven Lam of Hugo Boss; Alvin Leow of Cortina Watch, Ong Kim Too of The Food Merchant Reserve, Yap, Lim, Lee, Jonathan Toh of Harvey Norman, Elyna Tan of Paradise Group and Hubert W Hoi of Diptyque at the unveiling ceremony. KUALA LUMPUR (Nov 2): Pavilion Damansara Heights Mall is... -
Sarawak To Build Affordable Housing For The Poor, Proposed Labuan-Menumbok Bridge Project May Involve Land Swap And, More
Sarawak To Build Affordable Housing For The Poor, Proposed Labuan-Menumbok Bridge Project May Involve Land Swap And, More 18th October – 25th October The state government of Sarawak plans to build 2,391 units of affordable homes under the Rumah Spektra Permata initiative of the Housing Development... -
StanChart: BNM expected to hike OPR by 25bps to 2.75%
StanChart chief economist Edward Lee and economist Jonathan Koh said this would mark BNM’s fourth consecutive 25bps hike in the OPR since May this year, from a record low of 1.75%. KUALA LUMPUR (Nov 2): Ahead of the conclusion of Bank Negara Malaysia’s (BNM) monetary policy committee (MPC) meeting in... -
PNSB, MGB launch second Rumah Idaman MBI project
Lim (third from left) and Amirudin (centre), at the official launch of Rumah Idaman MBI project, Idaman Melur. Idaman Melur will comprise high-rise affordable residential homes starting from RM250,000. PETALING JAYA (Oct 30): Permodalan Negeri Selangor Bhd (PNSB) in partnership with MGB Bhd... -
IOI City Mall’s GBI Certification Accelerates IOIPG’s ESG Commitment Amidst Increasing Stakeholder Expectations
IOI Properties Group (IOIPG) is pleased to announce that IOI City Mall has received the Green Building Index (GBI) certification under Non-Residential Existing Building (NREB). The award-winning IOI City Mall is the largest mall in Malaysia, and it is anchored in the heart of IOI Resort City,... -
Home Prices To Increase In 2023 Amid Rising Business Cost, Property Loan Applications Up In August Despite OPR Hike And, More
Home Prices To Increase In 2023 Amid Rising Business Cost, Property Loan Applications Up In August Despite OPR Hike And, More 12th October – 17th October Property developers expect home prices to increase in 2023 amid the rising cost of doing business in the country, which climbed by an average of... -
WCT and DWG Form a Strategic Collaboration to Market ‘The Maple Residences’ Premium Tower
WCT and DWG Form a Strategic Collaboration to Market ‘The Maple Residences’ Premium Tower. KUALA LUMPUR, 13 October – WCT Land Sdn Bhd, the property development and property investment and management division of WCT Holdings Berhad, has entered into a strategic collaboration with DWG Malaysia,... -
Government Urged To Extend 75% Stamp Duty Exemption To All Buyers, 7,615 Development Projects To Be Implemented Next Year And, More
Government Urged To Extend 75% Stamp Duty Exemption To All Buyers, 7,615 Development Projects To Be Implemented Next Year And, More While property developers welcome the increased stamp duty exemption of 75%for first-time buyers of homes priced above RM500,000 to RM1 million, they urge the... -
AME Elite aims for RM1.5 billion GDV for i-TechValley at SILC industrial park
AME Elite aims for RM1.5 billion GDV for i-TechValley at SILC industrial park. Industrial space solutions provider AME Elite Consortium Berhad (AME Elite, the Group, 腾宇集团) aims to reach RM1.5 billion Gross Development Value (GDV) for its newly launched i-TechValley at Southern Industrial and... -
Heng Huat Resources’ MD no longer a substantial shareholder of Ivory Properties
Heng Huat Resources’ MD no longer a substantial shareholder of Ivory Properties. A bourse filing showed that Datuk H’ng Choon Seng disposed of 80 million shares via off market transaction on Tuesday (Oct 11), representing a 16.32% stake in the Penang-based property developer. KUALA LUMPUR (Oct... -
WCE seeks up to RM400m govt financing for RM5b West Coast Expressway project
WCE seeks up to RM400m govt financing for RM5b West Coast Expressway project. Built at a cost of RM5.044 billion, it will be the country's third longest highway, after the 966km North-South Expressway and 330km East Coast Highway. KUALA LUMPUR (Oct 11): West Coast Expressway Sdn Bhd (WCESB), an... -
NAIM Wins Corporate Image Award At Sheda Property Expo 2022
NAIM Wins Corporate Image Award At Sheda Property Expo 2022. NAIM Group of Companies (“NAIM” or “The Group”) made its presence felt at the recent Sarawak Housing and Real Estate Developers’ Association (SHEDA) Property Expo 2022 by winning the ‘Corporate Image Award’ this year. The award was... -
Tough times for property sector in H2 2022, say analysts
Tough times for property sector in H2 2022, say analysts Property demand is likely to take a hit for the rest of the year. PETALING JAYA: The property sector is likely to face hard times for the remainder of this year due to waning demand, high cost of materials and an expected increase in... -
Sunway Property's 8 Signature Developments Receive Overwhelming Response
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. Master Community Developer, Sunway Property announced that it has recorded RM 800 million in total bookings for its eight... -
Gamuda Land Launches New UK And Australia Projects
Gamuda Land is expanding its international markets, with a significant expansion plan that will see the developer add an average of five new overseas projects per annum from financial year 2023 (FY2023) and beyond. This comes as Gamuda Land launches its first United Kingdom and second Australian... -
EdgeProp, Lendlease provide the lowdown on strata living
An artist depiction of an Arena unit. EdgeProp, Lendlease provide the lowdown on strata living -
Seremban 2 Launches Two-Storey Link Development Arena
An artist depiction of an Arena unit. SEREMBAN: The healthy demand for properties in Seremban continues to grow as IJM Land launches Arena in Seremban 2, following a strong response for their commercial development, IKON @ Centrio. Homebuyers are moving further from the city centre as urbanisation increases,... -
TNB, Prasarana ink strategic collaboration for LRT Shah Alam Line's high-voltage electricity supply
"The LRT Shah Alam Line project is part of the Integrated Public Transport Plan for the Greater Klang Valley and Prasarana is mandated to facilitate and promote and implement a planned, safe, responsive, efficient, and sustainable land public transport system." KUALA LUMPUR (Oct 3): Tenaga... -
LBS Bina unveils new phase at KITA@Cybersouth
Artist's impression of KITA Sejati (LBS Bina) PETALING JAYA (Sept 28): LBS Bina Group Bhd today announced the unveiling of its new phase at the KITA@Cybersouth township, KITA Sejati. According to a media release by the developer, KITA Sejati will comprise 24 storeys of serviced apartments (on 6.8... -
PPB Properties unveils neighbourhood mall in Megah Rise
Megah Rise at Taman Megah (PPB Properties) PETALING JAYA (Sept 28): PPB Properties, the property division of PPB Group Bhd today unveiled its new “community-centric neighbourhood mall” within Megah Rise, Taman Megah. The Megah Rise mall is part of a 39-storey mixed development, which includes... -
Setia Ecohill Unveils Zen-Inspired Hanami Residences In Semenyih
Setia Ecohill Unveils Zen-Inspired Hanami Residences In Semenyih With inspiration from the elements of Japanese architecture, S P Setia’s Setia EcoHill township development in Semenyih is unveiling Hanami Residences semi-detached homes on 24 September. “Hanami Residences is designed to bring the... -
HOMEVEST Wins JCI Malaysia Sustainable Development Award For HOPE Programme
From left are JCI Malaysia national president Ellen Lu Ping Ping, HOMEVEST group managing director KY Lim, Sustainable Development Awards organising chairman Ivan Ng Tee Khai, Yang di-Pertua Negeri of Penang Tun Ahmad Fuzi Abdul Razak, HOMEVEST chief executive officer Marcus Low, PKT Logistics... -
Setiakon Builders Steps Up To The Plate
From left are Chew, Chang, Tay, Kuan, Tan and Yap taking a group photo with the signed documents. PETALING JAYA: Well-known contractor Setiakon Builders Group (Setiakon Builders) has joined the ranks as a property developer with the collaboration with Chester Group to build Tulip Residence. Joining forces... -
Boustead Properties Launch New Brand Mutiara Spaces
(From left) Fahmy, Mohammed, Mahadi and Khairul during the brand launch of Mutiara Spaces. KUALA LUMPUR: Township developer Boustead Properties Bhd launched its Mutiara Spaces brand as part of its ongoing reinvention initiative to redefine itself as a sustainable, technology-centric developer. Mutiara... -
YNH Property to securitise two retail malls raising up to RM500 million
The company intends to securitise its two retail malls, namely 163 Retail Park at Mont’Kiara, Kuala Lumpur, and AEON Seri Manjung in Perak. KUALA LUMPUR (Sept 22): YNH Property Bhd proposes an asset-backed securitisation exercise to raise up to RM500 million fresh capital, seven months after it... -
Ex-land broker jailed 5 years in RM2.4mil money laundering case
Ex-land broker jailed 5 years in RM2.4mil money laundering case Ex-land broker jailed 5 years in RM2.4mil money laundering case Gan Kiat Bend, 64, had been out on bail of RM170,000. A three-member Court of Appeal bench chaired by Hanipah Farikullah said there was no merit in Gan’s appeal that... -
Malaysia, Singapore green real estate players ink MOU to strengthen collaboration
Malaysia, Singapore green real estate players ink MOU to strengthen collaboration. PETALING JAYA (Sept 8): Four “green real estate players” from Malaysia and Singapore signed a Memorandum of Understanding (MOU) on Tuesday to strengthen collaborative efforts for the cross-adoption of green building... -
TAFI Industries wins RM115 mil contract from Magna Prima to build serviced apartments in Kepong
TAFI Industries said its wholly owned subsidiary TAFI Home & Office Sdn Bhd (formerly known as Home & Office Furniture Sdn Bhd) accepted a turnkey construction contract awarded by Magna Park Sdn Bhd, an indirect wholly owned unit of Magna Prima. KUALA LUMPUR (Sept 7): Furniture maker-cum-builder... -
Haily bags RM17.5 mil contract from Mah Sing to build double-storey homes in Johor
Haily’s wholly-owned Haily Construction Sdn Bhd has accepted a Letter of Award (LOA) from Mah Sing's unit, Meridin East Sdn Bhd, for the construction of Parcel 2H3 of the Meridin East township. KUALA LUMPUR (Sept 7): Construction player Haily Group Bhd has won a second contract worth RM17.5... -
Kepong law maker calls for transparency in Premium Visa Programme applications
Kepong law maker calls for transparency in Premium Visa Programme applications. KUALA LUMPUR (Sept 8): Kepong Member of Parliament, Lim Lip Eng (pictured) has called for transparency in the applications for the new Premium Visa Programme (PVIP). According to a report by FMT, Lim said that the... -
Trive Property aborts talks to build SPNB project worth RM1.1b
Trive Property said its unit Trive Property Sdn Bhd (TPSB) has sent a letter to SPNB’s wholly owned subsidiary Tenaga Meriah Sdn Bhd (TMSB) to abort the Memorandum of Understanding (MOU) they had entered into in 2017 to facilitate talks on the matter. KUALA LUMPUR (Sept 7): Trive Property Group... -
Bank Negara raises OPR by 25bps to 2.5%, as expected
Bank Negara raises OPR by 25bps to 2.5%, as expected. KUALA LUMPUR (Sept 8): Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) has raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.5% on Thursday (Sept 8), in line with expectations for further normalisation of... -
Regus Offering highly flexible workspace solutions for businesses of all sizes
If you enjoy the exchange of ideas and forming new connections with people of different backgrounds and talents to propel your business propositions, innovations and inventions, co-working space is the answer for you. For employers, this equates to sizeable cutdowns on upfront capital costs and... -
Cheras LeisureMall expands its retail offering with the opening of Grand SenQ next month
Cheras LeisureMall, a neighbourhood mall in Taman Segar, Cheras, which is owned and managed by PPB Properties, the property division of PPB Group Bhd, is expanding its retail offering with the opening of Grand SenQ next month. Grand SenQ, an exclusive concept shop on Level 2, is set to debut on... -
The Malaysian-owned Battersea Power Station will open to the public next month
Finishing touches being added to Battersea Power Station’s iconic chimneys in preparation for the public opening on October 14, 2022. Image courtesy of Sime Darby Property Battersea Power Station will be open to the public for the first time on October 14, 2022. Electric Boulevard, a new... -
Tunku's Rumah Takdir, a symbol of unity in diversity
The grand old 1929 heritage mansion, Rumah Takdir. The grand old 1929 heritage mansion named Rumah Takdir by Malaysia's first prime minister Tunku Abdul Rahman Putra Al-Haj stands proud as a symbol of unity in diversity. It was in this well-preserved double-storey bungalow in the town of Pulau... -
A new hospital for Bandar IOI Segamat
The 607-acre Bandar IOI Segamat is an integrated township with a gross development value of RM1.3 billion. Image from www.ioiproperties.com.my Bandar IOI Segamat will see a new hospital being built following the inking of an agreement between the developer, IOI Properties Group (IOIPG), and... -
Iconic Worldwide siapkan hab komersial bernilai RM127.81 juta
Majlis penyerahan projek Iconic Point sempena sambutan Hari Kemerdekaan - Foto ihsan Iconic Worldwide SIMPANG AMPAT: Iconic Point, hab gaya hidup dan hiburan popular di Simpang Ampat, Pulau Pinang yang dibangunkan oleh Iconic Worldwide Bhd (IWB) berjaya disiapkan dan diserahkan kepada pembelinya. Pembangunan... -
A property agency with a training academy
When CiD Realtors Sdn Bhd started in 2018, it had around 80 agents. Today, the property agency boasts a force of about 600 negotiators in 12 offices around the Klang Valley. How does the company achieve such an exponential growth in recruitment within just four years, half of which were weighed down... -
Budget 2022: No more RPGT from 6th year, RM1.5 billion allocation for low-income housing projects
KUALA LUMPUR, — The government will continue implementing housing projects, especially for the low-income earners, with a total allocation of RM1.5 billion. In tabling Budget 2022 in the Dewan Rakyat today, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said all Malaysian families... -
Glomac's Ruma 33 hillside homes in Saujana Sungai Buloh have all been booked
An artist’s impression of Ruma 33, that is due for completion in 2023 Glomac Bhd's Ruma 33, a hillside residential development in Saujana Sungai Buloh, a mature sub-urban residential area within the greater Klang Valley, has been fully taken-up. The gross development value of this double-story... -
Kelantan allocates RM55.38mil for people's housing this year
Menteri Besar Datuk Ahmad Yakob (second from left) at the official launch of MAPEX in Kelantan. Kelantan has allocated RM55.38 million this year for the construction of people's housing, including for the dhuafa (less fortunate) in the state, said Menteri Besar Datuk Ahmad Yakob. He said of the... -
Sime Darby Property Achieves 100% Take-Up Of East 57 With Virtual Launch
An artist's impression of the corner unit. PETALING JAYA: Sime Darby Property Bhd confirms that virtual launches are the way forward when its premium project East 57 in KL East achieved 100% take-up in less than a day using the online platform. “East 57’s success can be attributed to our strong... -
Kediaman bertanah jadi pilihan pembeli di sebalik kekangan kewangan, ekonomi
Shylendra Nathan berkata, sentimen pengguna dalam pasaran hartanah kemungkinan akan bertambah baik seiring dengan pemulihan ekonomi negara KUALA LUMPUR: Kediaman bertanah terus menjadi pilihan utama pembeli meskipun berdepan dengan isu kemampuan dan masalah kewangan, menyebabkan permintaan lebih... -
Isu kemampuan jejas permintaan terhadap rumah
Isu kemampuan jejas permintaan terhadap rumah KUALA LUMPUR: Kediaman bertanah terus menjadi pilihan utama, namun kesulitan kewangan menjejaskan permintaan pembeli pada suku pertama, demikian menurut PropertyGuru Malaysia dalam Laporan Pasaran Hartanah Malaysia (MPMR) suku kedua.Laporan berkenaan... -
MPCB bina 570 rumah mampu milik di Johor
Malaysia Pacific Corporation Bhd (MPCB) KUALA LUMPUR: Malaysia Pacific Corporation Bhd (MPCB) dan Real Trend Development Sdn Bhd (RTDSB) memeterai memorandum persefahaman (MOU) untuk bersama membangunkan Rumah Mampu Milik Johor (RMMJ) di bawah skim perumahan Dasar Perumahan Rakyat Johor dengan... -
UEM Sunrise tiada cadangan naik harga rumah
Projek KAIA Heights menyumbang kepada jualan UEM Sunrise pada suku pertama 2022 KUALA LUMPUR: UEM Sunrise Bhd tidak bercadang untuk menaikkan harga produk jualan hartanah pada tahun ini walaupun berdepan cabaran peningkatan harga bahan binaan. Ketua Pegawai Eksekutif UEM Sunrise, Sufian Abdullah, berkata... -
Sunway Property lancar program Sunway Property Pals+
Gerard Yuen Sunway Property melancarkan program Sunway Property Pals+ yang menawarkan ganjaran dan keistimewaan untuk pembeli dan penyewa untuk semua projek hartanahnya. Ketua Pegawai Jenama dan Pemasaran Bahagian Pembangunan Hartanahnya, Gerard Yuen, berkata program keistimewaan itu merangkumi... -
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...
