MOF

MOF Extends Stamp Duty Exemption for First-Time Homebuyers in Government’s Latest Move

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...

mr entrance

Majestic Residence: Your Doorway to Luxurious Living and Profitable Investment in Kuala Lumpur’s Jalan Sultan Ismail

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...

F896A4B5 BA7F 4B6A 9560 C94B9C7FC20F

Pavilion REIT’s 1Q property income rises 11.5% amid increased occupancy, rental income

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...

mm2h office klcc

MM2H: Rehda ‘encouraged’ by govt’s plan to review strict conditions

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...

Genting XinTiDi

Aset Kayamas and GENM Collaborate to Launch Genting Xintiandi: A Transformative Mixed-Use Development in Gohtong Jaya

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...

ayanna resort residences

Ayanna Resort Residences Redefines Luxury Living in Bukit Jalil

Bukit Jalil is about to witness a remarkable transformation with the highly anticipated launch of Ayanna Resort Residences. This extraordinary residential development promises to set new standards in luxury living, offering residents an unrivaled experience of opulence and serenity. Nestled amidst lush greenery, Ayanna Resort Residences boasts a 1-acre green lung, creating a harmonious connection...

LIMA 2023

LIMA ’23 opens with airshow by more than 70 aircraft

With the opening ceremony for the 16th edition of the Langkawi International Maritime and Aerospace exhibition being held last night, this morning's event to get the show going was only a matter of formality. Defence Minister Datuk Seri Mohamad Hasan and Transport Minister Anthony Loke jointly signalled the beginning of the opening gambit by pressing a button on the main stage. Mere seconds later, a...

KSLEsplanadeMall

KSL Esplanade Mall in Klang to open its doors on May 31

KSL Esplanade Mall by KSL City Management Sdn Bhd, a wholly owned subsidiary of KSL Holdings Bhd, is having its soft opening on May 31. It expects to draw more than a million shoppers living within a 30 to 45 minute drive from the retail mall, according to a press release dated April 18. Located within KSL Holdings’ 448-acre (181.3-hectare) KSL Bandar Bestari, the shopping mall aims to offer “more...

Astrum Ampang SOHO

Astrum Ampang Unveils New SOHO Suites 2 Amid High Demand

Astrum Ampang, a notable transit-oriented development (TOD) in Kuala Lumpur, is promoting its latest offering - SOHO Suites 2 (SS2). Astrum Ampang's track record of achieving complete take-up rates for its preceding projects - SOHO Transit 1, SOHO Transit 2, and SOHO Suites 1 - have laid the foundation for the introduction of SS2, according to James A. Bruyns, Astrum Ampang's Chief Operating Officer. SS2...

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