News

Penang’s international financial centre ambition moves into regulatory phase Penang’s long-standing ambition to establish an international financial centre has entered a more serious and consultative phase, as the state government engages directly with key federal regulators to assess feasibility, structure and regulatory alignment. Chief Minister Chow Kon Yeow confirmed that discussions are...

KLCC Roads to Be Temporarily Closed This Weekend for 2026 MotoGP Season Launch Several major roads around KLCC will be temporarily closed this weekend to facilitate the 2026 MotoGP Season Launch, with traffic restrictions implemented in stages from 2pm until midnight, according to police. The Kuala Lumpur Traffic Investigation and Enforcement Department said the closures are necessary to ensure safety...

The Residential Tenancy Act (RTA) has entered its final stage of drafting and is expected to be tabled in Parliament within the year, Housing and Local Government Minister Nga Kor Ming said, marking a significant step toward formal regulation of Malaysia’s rental housing market. Speaking to reporters on the sidelines of the 2026 Malaysia Economic Forum on Thursday, Nga said the proposed legislation is...

Ekovest Bhd has extended by another three months its proposed acquisition of four parcels of land located along the Johor Bahru–Singapore Rapid Transit System (RTS) Link, with the revised deadline now set for April 27, 2026. In a filing with Bursa Malaysia, the company said it had mutually agreed with the vendors to extend the negotiation period from Jan 28 to April 27, 2026, to allow additional time...

Malaysia’s property sector is gradually expanding beyond traditional development models, as energy resilience and infrastructure readiness become increasingly important to long-term asset viability. The latest move by NCT Alliance Bhd to explore battery energy storage system (BESS) projects reflects a broader shift in how developers are positioning themselves for future demand, particularly in data...

Malaysia’s Malaysia My Second Home (MM2H) programme has recorded 744 completed residential property purchases as of the end of 2025, with the majority of buyers originating from China, Taiwan and Singapore. Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing disclosed the figures during a Dewan Rakyat session, noting that an additional 2,637 MM2H participants are currently in the process of...

Kuala Lumpur’s office market is entering a transitional phase where supply constraints, rather than demand uncertainty, may define performance over the next few years. According to JLL Malaysia, the pipeline of new non-strata Grade A office space is set to thin dramatically after 2026, a shift that could alter bargaining power, leasing strategies and asset performance across the Greater Kuala Lumpur...

Johor’s emergence as a strategic industrial and logistics node continues to gain traction, underscored by DHL Supply Chain Malaysia’s opening of its South Region Hub 2 in Senai Airport City. The expansion follows the full occupancy of South Region Hub 1, which began operations earlier in 2025, and reflects sustained demand from technology-driven multinational corporations operating in southern...

Malaysia’s tourism strategy heading into Visit Malaysia 2026 (VM2026) is increasingly focused on experience, storytelling and integration with urban life. Sunway Group’s latest tourism initiative, launched under the theme Our Malaysia Story, reflects this broader shift — one that positions attractions not merely as entertainment venues, but as cultural touchpoints that reinforce national identity,...

Johor Consolidates Position as Malaysia’s Second-Largest Residential Market Johor has firmly established itself as Malaysia’s second-largest residential property market in 2025, trailing only Selangor, based on both transaction volume and value. In the third quarter of 2025, the southern state recorded 10,500 residential transactions with a combined value of RM5.49 billion, outperforming the national...