RTS Link Marks Structural Completion of Bukit Chagar ICQC The Johor Bahru–Singapore Rapid Transit System (RTS) Link project has reached a significant milestone with the structural completion of the Immigration, Customs and Quarantine Complex (ICQC) at Bukit Chagar. This marks a key step toward the targeted start of operations in early 2027. The milestone was celebrated with a topping-out ceremony led...
Mah Sing’s RM260 Million KLCC Land Acquisition: A Premium Worth Paying? In a move that has caught the attention of property investors and analysts alike, Mah Sing Group Berhad has confirmed its RM260 million purchase of the Corus KLCC Hotel site along Jalan Ampang, Kuala Lumpur. While the acquisition price works out to RM4,019 per square foot (psf)—the higher end of KLCC’s decade-long transaction...
CAP Urges Vacancy Tax to Tackle Housing Speculation in Malaysia The Consumers Association of Penang (CAP) has thrown its support behind the implementation of a vacancy tax on residential properties that remain unsold or unrented for extended periods, highlighting the growing housing affordability crisis in Malaysia’s urban areas. CAP president Mohideen Abdul Kader emphasized that the proposed measure...
Armani Hallson KLCC – The Closest New Luxury Residence to KLCC In the heart of Kuala Lumpur, just 200 meters from the iconic Petronas Twin Towers, a new chapter in city luxury living begins. Armani Hallson KLCC, a premium residential masterpiece by Armani Group, is redefining what it means to live at the centre of Malaysia’s capital. With its permanent title, striking architectural design, and...
Setia Federal Hill in Bangsar Earns LEED ND Platinum Certification — A First for Malaysia Setia Federal Hill, a landmark township in Bangsar, has made history by becoming the first development in Malaysia to earn LEED for Neighbourhood Development (LEED ND) Platinum certification under the V4 framework—the highest sustainability rating awarded by the US Green Building Council (USGBC). This global...
Sunway LakeHills: Elevating Luxury Living in Johor’s Financial Hub Sunway Property has officially broken ground on its flagship high-rise project in Sunway Lenang Heights, introducing Sunway LakeHills—a RM1.1 billion development that blends resort-style living with urban connectivity in the heart of Taman Molek, Johor Bahru. Located within an 88-acre freehold masterplan and fronting a 30-acre...
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%...
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