ECRL to Receive First Passenger Trains by Year-End Ahead of 2026 Launch The East Coast Rail Link (ECRL) continues to gain momentum, with Malaysia Rail Link (MRL) confirming that the first batch of Electric Multiple Unit (EMU) passenger trains and electric locomotives (E-Loco) will arrive in Malaysia by the end of this year. This marks a major step forward in the preparation for commissioning tests...
Airbnb’s RM9.2 Billion Impact on Malaysia: A Wake-Up Call for KL Property Investors Malaysia’s real estate landscape is shifting—and it’s not just because of infrastructure or government policy. A new report by Oxford Economics, commissioned by Airbnb, reveals that short-term rental activity contributed RM9.2 billion to Malaysia’s GDP in 2024, accounting for 5% of the tourism sector’s total...
KLCC Luxury Living Reinvented: Mah Sing Acquires Corus Hotel Site for RM1.28B Project Kuala Lumpur’s premium cityscape is set for another transformation. In a strategic land acquisition, Mah Sing Group Berhad has secured the prime freehold parcel currently occupied by Corus KLCC Hotel along Jalan Ampang. The developer will redevelop the site into upscale serviced residences, reinforcing Kuala Lumpur’s...
Malaysia’s Property Market Remains Largely Local Despite ongoing conversations about foreign investment in Malaysian real estate, newly released government data confirms that the overwhelming majority of property transactions are still driven by locals. According to the Housing and Local Government Ministry, only 1,459 property purchases by foreigners were recorded last year—accounting for just 0.56%...
Common Ground KLCC Launches Premium Coworking Space in the Heart of Kuala Lumpur Malaysia’s leading coworking operator Common Ground has officially launched its latest flagship space—Common Ground KLCC—strategically located within Menara Darussalam, adjacent to the Grand Hyatt Kuala Lumpur. This 15,000 sq ft workspace is the brand’s 16th Malaysian location, designed to serve over 300 members...
Build-Then-Sell: A Safer Future for Malaysia’s Homebuyers? Malaysia’s property market may be on the brink of a major transformation. Under the 13th Malaysia Plan (13MP), the government has proposed to make the Build-Then-Sell (BTS) model mandatory—signaling a bold shift in how homes are sold and delivered. This long-awaited policy aims to better protect homebuyers, address the persistent issue of...
Hextar World at Empire City Reveals Star Line-Up of Anchor Tenants Ahead of Q4 Launch Kuala Lumpur’s retail and lifestyle scene is about to get a bold new chapter with the upcoming launch of Hextar World at Empire City. Slated to open in Q4 this year, the development has officially announced eight major anchor tenants that are set to redefine the retail and recreational landscape of the Klang...
Schools Made Mandatory in New Large-Scale Housing Projects Under the 13th Malaysia Plan (13MP), the government will make it mandatory for schools to be included in large-scale housing developments as a condition for planning approval. Prime Minister Datuk Seri Anwar Ibrahim, in tabling the 13MP, said the move is aimed at tackling the overcrowding of schools in urban areas and addressing the lack of...
Malaysia Positioned as ASEAN Halal Gateway for New Zealand Exports Malaysia is set to strengthen its position as a regional halal hub, following the announcement by Deputy Prime Minister Datuk Seri Zahid Hamidi that New Zealand will use Malaysia as a springboard to distribute its halal-certified products across ASEAN. Two organisations from New Zealand recently received recognition from the Department of...
New Rent-to-Own Scheme Model to Improve Housing Access A new rent-to-own (RTO) scheme will soon be rolled out in Malaysia, designed to provide a more flexible and affordable path to homeownership. According to the 13th Malaysia Plan (13MP), the updated RTO model is targeted at helping households that lack upfront deposits or do not qualify for commercial financing. The government is also exploring the...
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