News

Pavilion Damansara Heights Mall, a significant component of the Pavilion Damansara Heights integrated development, has officially opened its doors to the public with the launch of its highly anticipated first phase. This initial phase introduces visitors to a meticulously curated selection of specialty stores, diverse dining experiences, and essential lifestyle services. The progressive openings planned...

China's property market continues to struggle despite government stimulus measures aimed at reviving the sector. Homebuyers, concerned about the uncertain economic outlook, are staying cautious, and property developers report soft sales. While the Chinese government has implemented policies to support the property market amid a deepening debt crisis in the sector, these measures have yet to significantly...

Selangor Menteri Besar Datuk Seri Amirudin Shari welcomed the announcement by Local Government Development Minister Nga Kor Ming, confirming the upgrade of Klang Municipal Council (MPK) to city status. Klang will become the fourth city in Selangor, following Petaling Jaya, Shah Alam, and Subang Jaya, enhancing the efforts towards establishing a Greater Klang Valley administration. Amirudin expressed that...

Hong Kong is anticipated to announce reduced stamp duties for certain property transactions in its annual policy statement. Chief Executive John Lee revealed that the focus would be on stimulating the economy and improving livelihoods. In the property market, Lee is expected to trim stamp duties for some transactions, although not all. The business community and homeowners have been calling for a rollback...

Bon Estates hosted a night of appreciation and camaraderie for homeowners at their flagship project, The Estate South Bangsar, on Saturday, September 9th. The evening's program featured an array of entertainment, including captivating light displays and a stunning pyrotechnic show. Homeowners were treated to a lavish selection of canapés and a live BBQ station, as per Bon Estates' press release. As a...

In an exciting move, Titijaya Land Bhd has announced its acquisition of Menara TM Semarak in Kuala Lumpur from Menara ABS Bhd, for a substantial sum of RM72 million. This acquisition is set to further strengthen Titijaya Land's foothold in the property development sector while presenting an opportunity to diversify its revenue streams. The purchase will be carried out by Titijaya Land's wholly-owned...

Genting Highlands, often dubbed the "City of Entertainment," is rapidly transforming into a sought-after real estate destination. Nestled amidst the Titiwangsa Mountains, this highland paradise offers more than just entertainment and leisure. Here are compelling reasons why investing in property in Genting Highlands is a smart move: 1. Thriving Tourism: Genting Highlands is a magnet for tourists. In 2022...

JL99 Group is gearing up to unveil its latest high-rise residential development, known as 99 Legend, in Kuala Lumpur this month. This project marks the second phase of the developer's expansive JL Legacity development, occupying 17 acres along Jalan Kuching. With a gross development value (GDV) exceeding RM700 million, 99 Legend will introduce a total of 1,214 condominium units, including five penthouses....

During an informal bilateral discussion with Singapore's Prime Minister, Lee Hsien Loong, Malaysia's Prime Minister, Datuk Seri Anwar Ibrahim, raised the topic of the Johor-Singapore Special Economic Zone. Anwar was in Singapore for a one-day working visit, which included his participation in an invitation from the Milken Institute to provide insights on how Malaysia can attract foreign investment. Prime...

The Employees Provident Fund (EPF) is set to yield a profit of RM46 million from the disposal of six retail properties located in Klang Valley and Johor. The properties being sold include the Giant Bandar Kinrara, Giant Putra Heights, Giant USJ, Giant Klang, Giant Ulu Klang buildings, along with the Giant Plentong building in Johor, amounting to a total valuation of RM520 million. Deputy Finance Minister...