PropNex Malaysia is thrilled to announce the highly anticipated launch of the PropNex Monopoly Championship, following the success of their own version of the renowned Monopoly board game introduced in Singapore under a licensing agreement with Hasbro. This championship in Malaysia features a specially designed Monopoly board adorned with iconic landmarks and street names that are familiar to...

The government will review the terms and conditions for the Malaysia My Second Home (MM2H) scheme following reports of a 90% drop in applicants because of strict the requirements. The Tourism, Arts and Culture Ministry (Motac) said the decision to review the strict conditions introduced in 2021 was reached following a meeting between its minister, Datuk Seri Tiong King Sing, and Home Ministry...

Unearth a haven of splendour in Malaysia's most prestigious neighbourhood, Mont Kiara, with the exquisite Pavilion Mont Kiara residences. Strategically located and exuding affluence, Pavilion Mont Kiara is a testament to the quintessential blend of luxury, comfort, and convenience. Immerse yourself in the lap of luxury at Pavilion Mont Kiara, a coveted freehold residential development redefining...

Discover the new pinnacle of luxury living at Quaver Simfoni Residence (Quaver Residence), a stunning development by Chin Hin Property in Sungai Besi. Offering premium duplex apartments and unbeatable connectivity, it's the epitome of contemporary urban lifestyle. Quaver Simfoni Residence strategically positions you in the heart of Sungai Besi, giving immediate access to the KL-Seremban...

Hong Leong Investment Bank (HLIB) Research said property developers with projects in Singapore could experience resilient local demand despite the new rate for the republic's Additional Buyers’ Stamp Duty (ABSD). The stamp duty, announced by Singapore's Ministry of National Development, is a property cooling measure to dampen investment demand and prioritise housing for locals meant for...

First-time house buyers will continue to enjoy a 100 per cent stamp duty exemption for purchases not exceeding RM500,000 via the Malaysian Home Ownership Initiative (i-Miliki) as provided for under Budget 2023, said the Finance Ministry (MoF). It said a 75 per cent stamp duty exemption will also be given for first-time home ownership for houses priced at between RM500,000 and RM1 million under the...

Welcome to an immersive exploration of Majestic Residence, a beacon of extraordinary living and a lucrative investment opportunity nestled in the dynamic district of Jalan Sultan Ismail, Kuala Lumpur. This distinctive residential project combines an awe-inspiring design ethos, practical elegance, and a convenience-rich environment, making it the go-to destination for both luxury living and smart...

Pavilion Real Estate Investment Trust (REIT)’s net property income rose 11.5% to RM104.8 million in the first quarter ended March 31, 2023 (1QFY2023) from RM93.99 million in the same quarter a year earlier, as it reported stronger revenue thanks to higher rental income due to increased occupancy, rent revenue, and advertising and marketing income at its retail malls. Revenue grew 16.23% to...

Real Estate and Housing Developers’ Association (Rehda) Malaysia is encouraged that the “new Unity government is taking a pragmatic approach” to review the conditions for the Malaysia My Second Home MM2H scheme which had been made stricter in 2021. The previously set conditions have had damaging impact on the MM2H programme where Malaysia was not only losing to our neighbouring countries but also...

Perched 914.4m above sea level in Gohtong Jaya, Genting Xintiandi represents a revolutionary mixed-use development in the heart of Malaysia's beloved highland resort area. This sprawling project is set to transform local urban landscapes and stimulate economic growth through its diverse offerings. Strategic Development for a Modern Metropolitan Spanning a vast area of 24.3 hectares, Genting Xintiandi...