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 Malaysiaโs urban areas. CAP president Mohideen Abdul Kader emphasized that the proposed measure...
Armani Hallson KLCC โ 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 Malaysiaโs capital. With its permanent title, striking architectural design, and...
Setia Federal Hill in Bangsar Earns LEED ND Platinum Certification โ 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 frameworkโthe highest sustainability rating awarded by the US Green Building Council (USGBC). This global...
Sunway LakeHills: Elevating Luxury Living in Johorโs Financial Hub Sunway Property has officially broken ground on its flagship high-rise project in Sunway Lenang Heights, introducing Sunway LakeHillsโa 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...
Airbnbโs RM9.2 Billion Impact on Malaysia: A Wake-Up Call for KL Property Investors Malaysiaโs real estate landscape is shiftingโand itโs 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 Malaysiaโs GDP in 2024, accounting for 5% of the tourism sectorโs total...
KLCC Luxury Living Reinvented: Mah Sing Acquires Corus Hotel Site for RM1.28B Project Kuala Lumpurโs 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 Lumpurโs...
Malaysiaโs 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 yearโaccounting for just 0.56%...
Common Ground KLCC Launches Premium Coworking Space in the Heart of Kuala Lumpur Malaysiaโs leading coworking operator Common Ground has officially launched its latest flagship spaceโCommon Ground KLCCโstrategically located within Menara Darussalam, adjacent to the Grand Hyatt Kuala Lumpur. This 15,000 sq ft workspace is the brandโs 16th Malaysian location, designed to serve over 300 members...
Build-Then-Sell: A Safer Future for Malaysiaโs Homebuyers? Malaysiaโs 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 mandatoryโsignaling a bold shift in how homes are sold and delivered. This long-awaited policy aims to better protect homebuyers, address the persistent issue of...
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