News

Tropicana Corp Unveils Breeze Hills in Genting Highlands: A RM1.4 Billion Integrated Development A Prime Investment Opportunity in the Heart of Gohtong Jaya Tropicana Corp Bhd (KL:TROP) has officially launched its latest integrated development, Breeze Hills Shoppes and Service Apartments, in Genting Highlands, Pahang. The RM1.4 billion project, located in Gohtong Jaya, is set to redefine urban living and...

Essential Guide for First-Time Homebuyers in Malaysia: Steps to Buying a House The Malaysian property market offers a variety of options, from high-rise condominiums to landed homes, each catering to different lifestyles and budgets. For first-time homebuyers, the process of purchasing a property can feel overwhelming. From financing considerations to choosing the right property, understanding market...

🏡 A New Era of Sustainable Living in Cyberjaya The property market in Cyberjaya is witnessing a new wave of eco-centric development, with Avaland Bhd breaking ground on The Island @Cybersouth, a 40-acre centerpiece of greenery and waterbody within its 417-acre Cybersouth township. This initiative marks a major milestone in sustainable urban planning, integrating biodiversity, green technology, and...

ECRL’s Expansion – A Catalyst for Real Estate Growth Malaysia’s property market is set for another major transformation with the Cabinet’s approval to modify the East Coast Rail Link (ECRL) into a double-track system for the Port Klang segment. This move, announced by Transport Minister Anthony Loke, will enhance connectivity, drive logistics efficiency, and create new property investment...

1. EPF 2024 Dividend at 6.3%: A Record High in Recent Years The Employees Provident Fund (EPF) has officially announced a 6.3% dividend for both conventional and Shariah savings accounts in 2024. 📈 Key Highlights: ✔️ 6.3% dividend for both Conventional and Shariah accounts – the highest since 2019. ✔️ Total payout of RM73.24 billion, a major boost for contributors. ✔️ Investment...

YNH Property’s Special Independent Review (SIR) & Its Impact on the Market Malaysia’s property market is set to see potential shifts as YNH Property Bhd (KL:YNHPROP) nears the completion of its special independent review (SIR). The independent assessment, conducted by Messrs UHY, aims to clarify financial discrepancies in joint ventures (JVs) and turnkey contracts signed by its subsidiary, Kar Sin...

Chin Hin Heirs Strengthen Presence in Industrial Sector with K Seng Seng Stake Acquisition The Chin Hin Group-linked Chiau brothers, Chiau Haw Loon and Chiau Haw Yew, have emerged as the third-largest shareholders of K Seng Seng Corporation Bhd (KL:KSSC) after acquiring a 5.4% stake for RM8.3 million via Enrich Signature Sdn Bhd. This strategic acquisition strengthens Chin Hin’s position in...

Eco World Development Group Bhd (EcoWorld Malaysia) has further solidified Johor’s reputation as a prime industrial and data centre hub by selling 138.5 acres of land within its Eco Business Park I to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million in cash. This strategic transaction follows EcoWorld’s previous RM402.3 million sale of 123.1 acres in Eco Business Park VI, also to Microsoft,...

1. EPF’s Strong Performance in 2024: Higher Dividends Expected The Employees Provident Fund (EPF) is on track to deliver a higher dividend payout for 2024, following a strong investment performance in the first three quarters of the year. 📈 Key Highlights:✔️ RM57.5 billion investment income by Q3 2024 – surpassing 2023’s performance.✔️ Expected 2024 dividend rate to exceed 6%, higher...

Sunway’s RM2.6 Billion Bukit Chagar Development: A Game Changer for Johor’s Property Market Sunway Bhd’s latest RM2.6 billion mixed-use development in Bukit Chagar, Johor, is set to redefine the property market in the region. Located strategically next to the Johor Bahru-Singapore Rapid Transit System (RTS) station, the project will include residential, commercial, retail, hospitality, and wellness...