News

Penang Extends Quit Rent and Parcel Rent Penalty Exemption Until May 31, 2025 Land and parcel owners in Penang can now breathe a sigh of relief as the state government has announced an extension of the 100% exemption on quit rent and parcel rent penalty arrears until May 31, 2025. This move aims to encourage property owners to settle their dues promptly and ease the financial burden for many in the...

Petaling Jaya’s Top Property Hotspots in 2024: Where Prices Are Rising Fastest Petaling Jaya (PJ) has long been one of Malaysia’s most desirable urban locations for both property buyers and investors. As a mature satellite city with strong connectivity, vibrant neighbourhoods, and a well-established infrastructure, PJ continues to offer value for capital appreciation and lifestyle convenience. But...

Asian Pac Acquires Jaya Shopping Centre for RM100 Million: What It Means for Malaysia’s Retail Property Market In a strategic move that signals growing investor confidence in Malaysia’s retail sector, Asian Pac Holdings Bhd (KL:ASIAPAC), via its wholly owned subsidiary Primadana Utama Sdn Bhd, has announced the acquisition of Jaya Shopping Centre in Petaling Jaya, Selangor for RM100 million in...

Hari Raya 2025: Enjoy 50% Toll Discount Across Malaysia on March 28–29 In conjunction with Hari Raya Aidilfitri 2025, Malaysian highway users can look forward to a 50% toll discount for Class 1 private vehicles from March 28 (Friday) to March 29 (Saturday). This initiative, announced by Works Minister Datuk Seri Alexander Nanta Linggi, is part of the Madani government's ongoing efforts to ease the cost...

Armani Hallson KLCC – Exclusive Freehold Residences with KLCC Link Bridge Access Armani Hallson KLCC is a prestigious freehold development located in Jalan Ampang, Kuala Lumpur, offering seamless connectivity to the city’s business and lifestyle hubs. Uniquely, it features direct access to the KLCC Link Bridge, allowing residents to walk effortlessly to Suria KLCC, Pavilion KL, and major business...

Paramount Corp Plans RM400 Million Land Acquisitions for Future Growth 🏗️ Expanding for the Future: Paramount’s Strategic Land Replenishment Paramount Corp Bhd (KL:PARAMON) is gearing up for a major expansion in 2025, targeting RM400 million worth of land acquisitions to support its ambitious RM2 billion gross development value (GDV) pipeline. This strategy ensures that Paramount maintains a...

Sunway Construction Secures RM1.5 Billion RTS TOD Contract in Johor: What It Means for Investors 🏗️ Major Milestone for Sunway Construction Sunway Construction Group Bhd (KL:SUNCON) has secured a RM1.5 billion contract for the Rapid Transit System (RTS) Transport-Oriented Development (TOD) project at Bukit Chagar, Johor. This latest win adds to its growing portfolio in Sunway City Iskandar Puteri...

Malaysia My Second Home (MM2H) Programme: A Decade in Review (2015-2024) 🏡 MM2H’s Growing Appeal Among Global Investors The Malaysia My Second Home (MM2H) programme has remained a top choice for foreign property investors and expatriates seeking long-term residence in Malaysia. According to the latest government data, from 2015 to 2024, MM2H received 30,303 applications, with 22,282 approvals...

Avaland’s Meria @ Cybersouth Square Achieves 50% Take-Up in First Phase 🏗️ A Major Commercial Milestone in Cybersouth Avaland Bhd (KL:AVALAND) has announced a 50% take-up rate for the first phase of Meria @ Cybersouth Square, following its launch on February 22, 2025. This high-demand commercial hub features 190 dual-frontage shop units with a gross development value (GDV) of RM366 million. 💡...

Chin Hin Group Unveils Menara Chin Hin: A New Corporate & Residential Landmark in Sri Petaling 🏢 A New Era for Chin Hin Group Chin Hin Group Bhd (KL:CHINHIN) has officially opened Menara Chin Hin, its new corporate headquarters in Sri Petaling, Kuala Lumpur. This mixed-use development combines corporate offices, residential units, and collaborative spaces, reinforcing the group’s vision for...