September 2022

Premium Visa Programme (PVIP) is positive but confusing?

The general reaction towards the government’s new Premium Visa Programme (PVIP) is positive but an academic feels that there is “confusion” over how Putrajaya wants to attract wealthy foreigners to invest and reside in the country. “Well, my hope is that the introduction of the new programme is a way to reform MM2H and to make it less stringent, as the requirements for this PVIP programme...

Berjaya Land brewing excitement in Bukit Jalil

With the easing of restrictions and the increasing vaccination rates, people are emerging from months of isolation enforced during the Covid-19 pandemic peak periods and are eager to reconnect with things they have missed out on. “That is why the most exciting part for The Tropika is the commercial development. Construction will be completed by next month and then we will be handing over to our...

Bank Negara raises OPR by 25bps to 2.5%

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 monetary policy as the country’s economic growth and inflation gain momentum. This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast...

Duplex house in Malaysia

Imagine buying a two-storey condo unit in your ideal location and at your dream price. Yes, you are reading it right – it has two storeys, and it is called a duplex unit, which comes with extra space for you on the upper floor. Meet the local duplex home In Malaysia, a duplex house is a double-storey unit constructed in a high-rise residential structure, such as in a condominium. Sometimes called...

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