News

The real estate market in Malaysia experienced robust growth in the third quarter of 2023 (Q3 2023), with the total value of transactions surging by 22.6% compared to the same quarter in the previous year. This substantial increase was primarily driven by a higher number of major property sales across the country, according to data released by the Valuation and Property Services Department...

The highly-anticipated The Exchange TRX officially opened its doors to the public, marking the debut of Kuala Lumpur's newest social hub and world-class lifestyle mall. The grand opening, held on a bustling Wednesday morning, saw Malaysians flocking to the mall at precisely 11:08 AM, eager to explore its offerings. With a stunning lineup of 400 stores representing 400 renowned brands spread across four...

The Johor state government is planning to present a working paper on the proposal to implement a Light Rail Transit (LRT) system in the state to the federal government after November 30. This significant move is part of the state's effort to enhance its transportation infrastructure and cater to the increasing needs of its residents. The decision was revealed by Mohamad Fazli Mohamad Salleh, the State...

Future development initiatives in Kuala Lumpur will hinge on the results of a comprehensive Traffic Impact Assessment (TIA) currently in progress. The primary objective of this assessment is to address the growing issue of traffic congestion attributed to population growth in the city. Deputy Minister in the Prime Minister's Department (Legal and Institutional Reforms), Ramkarpal Singh, emphasized that...

The Penang state government is taking steps to enhance its policies and stimulate the property sector in Seberang Perai, with a focus on attracting more developers to invest in the region. Seberang Perai, located on the peninsula, is currently experiencing an expansion phase, with the establishment of more factories providing increased job opportunities. One of the key policy changes being considered is...

The Malaysian government has taken steps to restructure toll collection on 19 highways, following a Cabinet decision made on December 18, 2020. Deputy Works Minister Abdul Rahman Mohamad revealed that negotiations with highway concessionaires are underway as part of the toll restructuring initiative. The highways involved in these negotiations include Amanat Lebuhraya Rakyat Bhd...

Seibu, Malaysia's first and largest luxury Japanese department store, is ready to open its doors to the public on November 29. Located at The Exchange TRX, this premium shopping destination boasts an extensive collection of luxury, international, contemporary, and Japanese brands, with over 700 brands available for patrons to explore. What sets Seibu apart is its role in introducing more than 100 brands...

Desa ParkCity, a prominent urban township in Malaysia, has been recognized as the inaugural winner of the Malaysia's Most Outstanding Sustainable Township Award and the Green Development Award at the Malaysia Urban Planning Awards 2023 (MUPA 2023). This prestigious recognition, presented by the Town and Planning Department (PLANMalaysia), acknowledges Desa ParkCity's outstanding achievements in creating an...

The Batang Kali-Genting Highlands road, which was closed following a tragic landslide incident, is expected to be reopened to the public by May 2024. The repair and stabilisation work on the slopes along the road has made significant progress, with completion scheduled for March of the same year. Selangor Infrastructure and Agriculture Committee chairman, Izham Hashim, provided an update on the ongoing...

Malaysia's tourism ecosystem has embarked on a resilient post-Covid comeback, driven by strategic efforts to enhance its appeal to global travelers. Initiatives like the introduction of a digital nomad visa and a focus on cultural and heritage tourism in the recent Budget 2024 announcement have positioned Malaysia as an attractive destination. One of the key factors enriching Malaysia's allure is its...