Kuching is set to celebrate a significant milestone in its geographic and cultural identity with the launch of the Kilometer Zero (KM0) marker at the 50th Anniversary Dinner of the Royal Institution of Surveyors Malaysia (RISM) Sarawak Branch. This event, which is a landmark in the surveying community of Sarawak, will take place this Thursday and promises to be a grand occasion. The Significance of...
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The Malaysia property market is experiencing a remarkable resurgence, with Kuala Lumpur at the forefront of this exciting revival. As the country rebounds from the pandemic-induced slowdown, the latest data from the Valuation and Property Services Department (JPPH) paints a promising picture for real estate enthusiasts and investors alike. The first quarter of this year has seen substantial growth in both...
Johor is currently witnessing a remarkable surge in its data center industry, establishing itself as the largest data center market in Malaysia and a significant player in the Asia Pacific region. According to Baxtel, Johor ranks as the ninth-largest data center market in Asia Pacific, boasting 13 operational data centers spread across more than 1.65 million square feet, with four more facilities under...
Transforming KL Property Market: New Law and Urban Redevelopment The property market in Kuala Lumpur is on the brink of a significant transformation. With the government planning to introduce a new Real Property Development Bill, the landscape of property regulation is set to become more comprehensive and inclusive. This move aims to address the evolving needs of an increasingly diversified property...
In a significant move poised to revolutionize air travel in Malaysia, the Sultan Ismail Petra Airport in Kota Bharu is on the brink of transformation into an international hub. This development follows the Federal Government's approval of the Kelantan government's proposal to extend the airport's runway by 400 meters, a strategic enhancement that will enable the facility to handle international flights...
Kuala Lumpur, the vibrant heart of Malaysia, is pulsating with energy and opportunity, and its recent ranking as the second most outstanding city in Southeast Asia by the Oxford Economics Global Cities Index is a testament to its growing influence and allure. Why is KL attracting attention? The city boasts a stellar economic performance, a thriving business environment, and a quality of life that...
KL's TRX Residences: Where Luxury Meets Smart Living Imagine stepping into a world where luxury living seamlessly blends with cutting-edge technology, sustainability, and a vibrant community. That's the promise of TRX Residences, the residential component of The Exchange TRX precinct in Kuala Lumpur, jointly developed by Lendlease and TRX City Sdn Bhd. The recent completion of the first two towers,...
Genting Group's Post-Pandemic Recovery and Bright Outlook S&P Global Ratings today confirmed a positive trajectory for the Genting group of companies, indicating a robust recovery from the pandemic's impact and a promising path to further earnings growth. The firm affirmed stable issuer credit ratings for key components of the group: Genting Bhd, Genting Malaysia Bhd, Genting New York LLC, and Resorts...
Malaysia Property Investment: A Golden Opportunity Amid Strengthening Malaysia-Singapore Ties As Singapore's new Prime Minister Lawrence Wong takes office, a significant opportunity arises for property investors in Malaysia, particularly in Kuala Lumpur (KL). The evolving economic collaboration between Malaysia and Singapore not only promises to elevate the economic landscape of both nations but also...
The 2024 Guide to the 25 Richest Billionaires in the Real Estate Industry The real estate sector has always been a bastion for the accumulation of wealth, and 2024 is no exception. This year, we've seen dynamic shifts in the market influenced by varying global economic conditions, such as interest rate changes and inflationary pressures. Despite these challenges, the top magnates in real estate have...