News

Unveiling a New Era: Paramount's Strategic Acquisition of Eco World International As the real estate landscape in Malaysia continues to evolve, a groundbreaking move by Paramount Corp Bhd has captured the attention of industry insiders and property enthusiasts alike. In a strategic move that promises to reshape the dynamics of the market, Paramount has acquired a substantial 21.54% stake in Eco World...

Selangor has achieved a significant milestone in affordable housing by constructing 40,000 affordable homes since 2018, according to Selangor Menteri Besar Datuk Seri Amirudin Shari. He also revealed that an additional 5,000 houses are expected to be completed by the end of this year. Selangor's commitment to providing affordable housing has earned recognition from the Local Government Development...

Malton Berhad (Malton or Group) has unveiled its final tower (Block B) of River Park following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate. The GreenRE-certified River Park condominium in Bangsar South enjoys a host of conveniences within reach, from ready public transportation options to medical facilities, education institutions, retail hubs and...

Ibraco Bhd, a prominent Sarawak-based property developer, is making waves in Peninsular Malaysia with its second major high-rise serviced apartment project, Residensi NewUrban. Located in the bustling area of Petaling Jaya South, Selangor, this development is set to redefine affordable luxury living in the Klang Valley. Residensi NewUrban: Affordable Luxury Living in Petaling Jaya South Residensi...

PNB Merdeka Ventures Sdn Bhd's (PNBMV) landmark project, the Merdeka 118 tower, has reached a significant environmental milestone by receiving the Leadership in Energy and Environmental Design (LEED) Platinum certification. This prestigious award, governed by the US Green Building Council (USGBC), marks the tower as a frontrunner in sustainable building practices under the LEED v2009 Core and Shell rating...

Kuala Lumpur's property market is witnessing a significant upswing as we move further into 2024. With the FBMKLCI property index, also known as KLPRP, showing promising trends, the landscape of urban real estate in Malaysia is set to transform. This positive trajectory, outlined in CLSA Research's latest report, showcases a market that is not only recovering but thriving amidst a flurry of developmental...

Imagine a place where the elegance of a five-star hotel meets the comfort of home—a sanctuary where luxury and care converge to offer an unparalleled living experience for retirees. This place is Sunway Sanctuary in Kuala Lumpur, a unique concept in retirement living brought to you by the visionary Sunway Group. The Sunway Sanctuary Experience Sunway Sanctuary isn't just any retirement home; it's a...

LBS Bina Group Berhad is excited to introduce Bayu Hills, a unique residential project in the heart of Genting Highlands. With a targeted property sales of RM1.8 billion for 2024, the unveiling of Bayu Hills represents a key component of LBS's expansive vision. This project is set to deliver 642 serviced apartments, contributing a significant Gross Development Value (GDV) of RM452 million to the Group's...

Imagine stepping into a shopping experience powered by the sun. 1 Utama Shopping Centre, a beacon of modern consumer culture, is now pioneering the integration of massive solar power capabilities in Malaysia. The mall’s commitment to sustainability is marked by its latest collaboration with Solarvest Energy Sdn Bhd to outfit its premises with the largest on-site solar photovoltaic (PV) system in the...

In a dynamic shift within the Malaysian rental market, millennials have emerged as the predominant group of renters in 2023, representing 37.8% of all rental transactions nationwide. This trend underscores the evolving demographics of property renters and is highlighted in the 2024 Home Renters Generational Trends Report by real estate technology group Juwai IQI. Following closely behind, Generation Z...