News

Malaysia continues to captivate Chinese investors, who seek high-quality, investment-grade assets like commercial real estate that provide stable, long-term revenue unlinked to China's economic cycle, according to Juwai IQI co-founder and CEO Kashif Ansari. Chinese investors find the strengthening economic ties between China and Malaysia particularly enticing, prompting an uptick in investment interest in...

Mass Rapid Transit Corp Sdn Bhd (MRT Corp) and Hong Kong's public transport operator and property developer MTR Corp Ltd have signed a memorandum of understanding to jointly develop a mixed development project adjacent to the Rapid Transit System (RTS) Link's Bukit Chagar station in Johor Bahru. The RTS Link is a cross-border rail link connecting Bukit Chagar to Woodlands in Singapore, scheduled to begin...

The Selangor state government, led by caretaker Menteri Besar Datuk Seri Amirudin Shari, has officially rejected the application for the Petaling Jaya Dispersal Link (PJD Link) project. The decision was announced on Monday (July 31) due to the administration's dissatisfaction with the proposed plans, particularly regarding the project's social impact on the residents of Petaling Jaya. Amirudin Shari...

Malaysia Rail Link Sdn Bhd (MRL) issued a statement on Saturday (July 29) clarifying that the process of land acquisition for the East Coast Rail Link (ECRL) project in Taman Sungai Sireh, Port Klang, will only begin after completing all legal procedures under the Land Acquisition Act 1960. The land acquisition process will prioritize fairness to all parties involved. "The ECRL project has been carefully...

NCT Alliance Bhd is fortifying its presence in Penang, launching its newest residential project, Ion Vivace Residences in Batu Kawan. This is a significant step in the company's expansion strategy. Ion Vivace Residences is poised to redefine contemporary living, embodying NCT Alliance's ambition to craft cutting-edge, superior quality properties. This freehold serviced apartment complex, stretching over...

King’s Park Development Sdn Bhd, formerly known as Highlands Park City Sdn Bhd, has officially unveiled its latest integrated mixed-use development, named King’s Park, in Genting Highlands. With a gross development value (GDV) of RM10 billion, King's Park offers residential, commercial, and entertainment components. The 150-acre King’s Park is situated next to Awana Genting Highlands Golf &...

The Real Estate and Housing Developers' Association (REHDA) Malaysia has expressed the opinion that i-Miliki exemptions should be extended to all Malaysian home purchasers, rather than just first-time homeowners. Datuk NK Tong, president of REHDA, stated that many homeowners who wish to upgrade or have received property as inheritance are unable to benefit from the i-Miliki exemptions. "The incentives...

Southeast Asia's premier health-centric township, KL Wellness City (KLWC), is poised to revitalize the healthcare industry. This RM11 billion project spans 26.49 acres, establishing a robust ecosystem devoted to promoting health and wellness. Encompassing a diverse array of facilities including the Nobel Healthcare Park, KL International Hospital (KLIH), innovation labs, R&D units, healthcare office...

Radium Development Bhd has introduced its latest property, R Suites Chancery Residences, in Jalan Ampang, Kuala Lumpur. This freehold project spans 2.18 acres and includes 944 residential suites, commercial spaces, exclusive facilities, and a 145-room hotel, managed by a renowned independent KL-based hotel brand. According to Gary Gan Kah Siong, the Managing Director of Radium, the company expects people...

Malaysia is currently facing a shortage of electric vehicle (EV) charging stations, hindering the growth of the EV market. Minister of Science, Technology and Innovation (Mosti), Chang Lih Kang, revealed that the country currently operates only around 1,000 EV charging stations, significantly below its target of 10,000 stations by 2025. According to Chang, the limited number of charging stations has...