News

Chin Hin Heirs Strengthen Presence in Industrial Sector with K Seng Seng Stake Acquisition The Chin Hin Group-linked Chiau brothers, Chiau Haw Loon and Chiau Haw Yew, have emerged as the third-largest shareholders of K Seng Seng Corporation Bhd (KL:KSSC) after acquiring a 5.4% stake for RM8.3 million via Enrich Signature Sdn Bhd. This strategic acquisition strengthens Chin Hin’s position in...

Eco World Development Group Bhd (EcoWorld Malaysia) has further solidified Johor’s reputation as a prime industrial and data centre hub by selling 138.5 acres of land within its Eco Business Park I to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million in cash. This strategic transaction follows EcoWorld’s previous RM402.3 million sale of 123.1 acres in Eco Business Park VI, also to Microsoft,...

1. EPF’s Strong Performance in 2024: Higher Dividends Expected The Employees Provident Fund (EPF) is on track to deliver a higher dividend payout for 2024, following a strong investment performance in the first three quarters of the year. 📈 Key Highlights:✔️ RM57.5 billion investment income by Q3 2024 – surpassing 2023’s performance.✔️ Expected 2024 dividend rate to exceed 6%, higher...

Sunway’s RM2.6 Billion Bukit Chagar Development: A Game Changer for Johor’s Property Market Sunway Bhd’s latest RM2.6 billion mixed-use development in Bukit Chagar, Johor, is set to redefine the property market in the region. Located strategically next to the Johor Bahru-Singapore Rapid Transit System (RTS) station, the project will include residential, commercial, retail, hospitality, and wellness...

1. MM2H: An Overview of Its Investment Impact The Malaysia My Second Home (MM2H) programme continues to be a crucial driver of foreign investment in Malaysia’s property market, with nearly half a billion ringgit in investment value held in the country. 📌 Key Figures (as of December 31, 2024):✔ Total Approvals: 58,468 pass holders✔ Investment from Fixed Deposits: RM233.8 million✔ Real Estate...

Johor-Singapore Special Economic Zone: Transforming Infrastructure & Property Market in Johor The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to bring a new era of economic integration between Malaysia and Singapore. With RM5 billion in infrastructure funding, increased clearance capacity at checkpoints, and improved transportation networks, the initiative is poised to significantly...

A New Chapter in Waterfront Luxury – Avalton By The Water Chin Hin Group Property (CHGP) has officially launched Avalton By The Water, a resort-themed, luxury development designed to redefine waterfront living in Melaka. This highly anticipated project was unveiled at a special preview event held at CHGP’s brand-new sales gallery on Jalan Bandar Hilir, Melaka, making it the developer’s first major...

AirBorneo: A Game Changer for Sarawak’s Connectivity and Property Market Sarawak is set to revolutionize regional air travel with the launch of AirBorneo, a full-service airline following the formal acquisition of MASwings. This milestone move is expected to significantly enhance connectivity, boost tourism, and drive investment opportunities—particularly in Sarawak’s property market. Premier Datuk...

MGB Bhd’s RM194.72 Million Cameron Highlands Project – A Boost for the Highland Property Market MGB Bhd’s latest property development in Cameron Highlands is set to reshape the real estate landscape in Tanah Rata, with a RM194.72 million mixed-use project comprising a two-storey fast-food restaurant and a 22-storey serviced apartment. The project, awarded by Casa Inspirasi Sdn Bhd, will begin on...

Malaysia’s Construction Growth Hits RM158.8 Billion – A Boost for Property Investors The Malaysian construction industry recorded an impressive 20.2% growth in 2024, reaching RM158.8 billion in total value, according to the Department of Statistics Malaysia (DOSM). This surge highlights an expanding property market, with residential, commercial, and infrastructure projects driving demand. For...