In a surprising turn of events, 574 homeowners in Rawang are now grappling with unforeseen penalty fees amounting to RM13 million, stemming from the undisclosed allocation of Bumiputera lots in their property purchases. These homeowners have owned their properties for over a decade, unaware of the Bumiputera status attached to their units. The issue came to light when the liquidators of the now insolvent...
Malaysia's Prime Minister, Datuk Seri Anwar Ibrahim, disclosed that the country's actual development expenditure (devex) has been consistently shrinking each year, despite incremental increases in budget allocations. Anwar made this revelation following a National Economic Action Council meeting, emphasizing that this decline in actual devex could pose a significant long-term impact on Malaysia's economic...
As Malaysia's cities expand in tandem with a growing population, urban property developments and infrastructure projects have led to increased traffic congestion and higher carbon emissions. This pressing issue has prompted a closer look at Transit-Oriented Developments (TODs) as a potential solution to create more sustainable and efficient urban environments. Traffic Congestion and Urban Challenges The...
Nestled in the vibrant hills of Genting Highland, Grand Ion Majestic stands as a beacon of luxury and a promising investment opportunity. This prestigious development, managed by the renowned Wyndham Hotel Group, offers investors not only a piece of the serene highland paradise but also a robust investment through its Guaranteed Rental Returns (GRR) program. About Wyndham Hotel Group Before delving into...
Langkawi Island, known for its breathtaking beauty and natural charm, celebrated the Deepavali holiday with a remarkable influx of more than 10,000 tourists. This surge in visitors not only defies pessimistic narratives but also underscores the island's enduring appeal as a premier holiday destination. Let's delve into the details of this robust tourist turnout. Diverse Travel Preferences The statistics...
In an era where pets are cherished family members, interior design is adapting to accommodate their comfort and needs. A growing number of pet owners are going beyond traditional pet spaces and turning to interior designers to create pet-friendly homes. As over half of the global population welcomes pets into their homes, the pandemic has reinforced the bond between humans and their furry companions....
Tropicana Alam has revealed its latest property gallery, spanning 3,600 square feet, and experienced an overwhelming response during its opening weekend, with over 600 early bird registrants showing keen interest. This expansive development, covering 362 acres, represents a unique fusion of heritage and nature, featuring eight remarkable attributes, as highlighted in a press release by Tropicana Corp Bhd....
In a bid to facilitate affordable homeownership, the Malaysian government has announced plans to expand the Rent-to-Own scheme, ensuring greater accessibility for individuals belonging to the B40 and M40 income groups. Local Government Development Minister Nga Kor Ming affirmed the government's commitment to forge partnerships with financial institutions, thereby offering enticing and sustainable housing...
Imagine walking into a property expo at an esteemed convention centre, looking for your dream home after saving enough money. As you meander through aisle upon aisle of booths packed with visitors, one developer's set-up catches your eye. The booth is impressively designed, showcasing one of the most comprehensive ranges of property developments on offer within and outside the Klang Valley. After...
Selangor Dredging Bhd (SDB), through its wholly-owned subsidiary, has entered into an agreement to acquire 29.19 acres (11.81 hectares) of vacant leasehold land, along with completed earthworks, in Dengkil, Selangor, for a total consideration of RM87.9 million from Xtra Touch Sdn Bhd. This strategic acquisition is aligned with Selangor Dredging's ongoing efforts to bolster its land bank, as disclosed in a...
Compare listings
Compare