News

Discover a new age of urban living at Avantro Residences, nestled in the vibrant locale of Bandar Kinrara, Puchong. Just a stone's throw away from the BK5 LRT Station, Avantro embodies seamless connectivity to the heart of the city. The residences boast a range of unit sizes from 872 to 1,206 sq. ft., each meticulously designed with modern interiors partially furnished by Signature Kitchen, and equipped...

In a recent sector update, RHB Investment Bank Research reaffirmed its "overweight" position on the basic materials sector, with a particular focus on the cement industry. They express confidence in the cement market's prospects, citing its synergy with the construction and property sectors. The research house predicts that cement demand will continue to grow in the medium-to-long term, largely driven by...

Bukit Jalil, Kuala Lumpur, has become a sought-after destination for those seeking a harmonious blend of modern living and natural tranquility. Two remarkable residential enclaves, Ayanna Resort Residences and Sunway Flora Residences, offer distinctive lifestyles within this vibrant neighborhood. Let's explore the unique features and advantages of each property to help you make an informed...

Tropicana Corp Bhd has successfully completed a RM2.5 million renewal project for the Pantai Kok Rest and Recreation (R&R) center in Langkawi. This initiative was carried out in collaboration with the Langkawi Municipal Council Tourism City, aimed at enhancing facilities and supporting the local tourism sector. The renewal project encompassed several improvements, including: Commercial Lots:...

The property sector in Malaysia is set to weather the impact of a flat 4% stamp duty on memorandum of transfer (MOT) for non-citizens and foreign-owned companies in property transactions, thanks to several factors, according to MIDF Research. The research house has maintained its positive stance on the sector, citing expectations of a stable benchmark overnight policy rate for the year as a driver for...

The Ministry of Local Government Development has pledged to take decisive action against property owners who rent out cramped and hazardous living spaces. Minister Nga Kor Ming stated that, initially, warnings would be issued to owners who violated regulations by renovating their properties without local authority approval. The rented premises in question pose serious risks to tenants, including fire...

Genting Highlands is poised to become home to the largest Hard Rock Hotel in Asia, with the opening of Hard Rock Genting Highlands scheduled for 2027. This exciting development is part of the King's Park integrated mixed-use development, spanning 150 acres (60.7 hectares) in Genting Highlands. Hard Rock Genting Highlands is a 45-storey hotel that will feature 371 rooms and 630 suites, bringing the total...

As Malaysia unveils its Budget 2024, key figures in the property market have expressed their thoughts. While appreciating the government's initiatives, several areas in the property sector, including affordable housing supply, property financing, and rental market regulations, were left unaddressed. Industry leaders emphasize the importance of these aspects for a comprehensive development plan. Tan Kian...

Prime Minister Datuk Seri Anwar Ibrahim's Budget 2024 announcement showcased substantial infrastructure allocations. One standout is the Penang Light Rail Transit (LRT) system, projected to cost RM10 billion, which will be developed in partnership with the private sector. Additionally, RM4.7 billion has been earmarked for the resurrection of five LRT3 stations, strengthening the Klang Valley's public...

In the recently revealed Budget 2024 Madani, themed "Madani Economy: Empowering the People," the Malaysian government has earmarked a total of RM393.8 billion. This reflects a modest increase from the previous budget of RM388.1 billion, set in February 2023. One key highlight is the government's strong commitment to driving the New Industrial Master Plan 2030 (NIMP), with up to 10% of the total NIMP...