TRX City Park: A Green Oasis in the Heart of Kuala Lumpur’s Urban Jungle

Amidst the bustling urban landscape of Kuala Lumpur, a green oasis has emerged atop The Exchange TRX lifestyle hub and retail mall. Officially unveiled to the public on November 29th, the TRX City Park spans an impressive 10 acres (4.05 hectares), offering a serene escape from the city's hustle and bustle. This rooftop park is an integral part of The Exchange TRX mixed-development, occupying 17 acres in...

Women’s Homeownership Journey: Overcoming Financial Challenges and Achieving Property Ownership

While women have made significant progress in breaking the glass ceiling, achieving pay parity with their male counterparts remains an ongoing challenge. According to the Department of Statistics Malaysia's 2021 report on Salaries and Wages, there is still an 8% variance in monthly wages earned between genders. The persistence of such inequalities not only undervalues women's contributions but also...

Malaysia to Announce Major Adjustments to MM2H Programme

Significant changes to the Malaysia My Second Home (MM2H) program are set to be announced in mid-December, according to Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing. These changes are expected to include major adjustments to the MM2H threshold, making it more appealing to potential applicants. The Malaysian government is aiming to ease the stringent conditions of the MM2H program to...

Ibraco and China Railway Secure RM568.81 Million Kuching Urban Transportation System (KUTS) Infrastructure Project

Malaysian property developer Ibraco Bhd, in collaboration with China Railway Group Ltd, has successfully secured a significant construction project valued at RM568.81 million. The project involves critical infrastructure works for the Kuching Urban Transportation System (KUTS), marking a significant step in enhancing the city's transportation capabilities. The joint venture comprises Ibraco, represented...

Matrix Concepts Secures RM512 Million Financing for Malaysia Vision Valley 2.0 Development

Matrix Concepts Holdings Bhd, a prominent property developer based in Seremban, has successfully secured a financing facility worth RM512 million from AMMB Holdings Bhd (AmBank Group). The funding will play a pivotal role in facilitating the development of a prime housing project spanning 1,382.2 acres within the Malaysia Vision Valley 2.0 (MVV 2.0) located in Sendayan, Negeri Sembilan. This ambitious...

Malaysia‘s Tourist Arrivals Reach 26 million so far this year

According to the Immigration Department's latest statistics recorded from January 1 to November 15, 2023, Singaporeans have topped the list of tourist arrivals to Malaysia, with 12,645,364 tourists visiting the country. This represents the highest number among the 26 million tourist arrivals during the specified period. Tourism, Arts, and Culture Minister Datuk Seri Tiong King Sing expressed hope that...

Unsold Houses in Malaysia Decrease by 5.3% to 26,286 Units in Q2 2023

In the second quarter of 2023 (Q2 2023), Malaysia has seen a 5.3% decrease in the number of unsold houses, totaling 26,286 units valued at RM18.3 billion, according to data from the National Property Information Centre (Napic). This decline reflects ongoing efforts to manage the issue of unsold properties in the country. Addressing the Unsold Houses Issue: The Malaysian government has initiated...

Malaysia Offers RM200,000 Grants for Smart Cities Transition to Enhance Quality of Life and Sustainability

In an effort to transform Malaysia's towns and cities into liveable communities with improved quality of life, affordable housing, cleaner environments, and green transportation alternatives, the Ministry of Local Government Development (KPKT) is offering a RM200,000 grant to local authorities that achieve recognition through the Malaysia Urban Planning Awards (MUPA). This incentive aims to encourage and...

Skyline Luge Kuala Lumpur: Malaysia’s Newest Adventure Destination Opens in Gamuda Gardens

Malaysia is on the brink of an exciting new era with the opening of its first-ever Skyline Luge in Kuala Lumpur. Nestled in the beautiful Gamuda Gardens in Rawang, this thrilling attraction is set to open on December 9, 2023. It's a dream come true for thrill-seekers – now, the exhilarating Luge experience is just a short trip away! Skyline Luge Kuala Lumpur is a must-visit with its four distinct...

Penang Undersea Tunnel Implementation to Follow Port Expansion Plan

The implementation of the Penang undersea tunnel project is set to be considered by the state government after the finalization of the North Butterworth Container Terminal (NBCT) Expansion Plan in December 2023. This update comes from Zairil Khir Johari, the State Infrastructure and Transportation Committee chairman. According to Khir Johari, the Penang Port Commission (SPPP) has emphasized the importance...

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