News

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...

Trinity Elita, the newest high-rise development by Trinity Group, is redefining urban living in Bandar Kinrara, Puchong. This pet-friendly and well-connected project offers residents a unique living experience, complete with dedicated spaces and facilities for pets. Situated on 2.4 acres of freehold land, Trinity Elita comprises two towers, each standing at 31 storeys and housing a total of 535 units. The...

Bukit Bintang City Centre (BBCC) is poised to revolutionize Kuala Lumpur's skyline with its visionary development, strategically situated within the Golden Triangle. With landmarks like the Petronas Twin Towers, Tun Razak Exchange (TRX), PNB Merdeka 118, and Bandar Malaysia in close proximity, BBCC is positioned to become the city's next prime address. Spanning across 19.4 acres, BBCC is an integrated hub...

It has now dawned on tourists of Penang that the state authorities have imposed a ban on almost all types of short-stay accommodation. This came into force on May 25. “Housing premises, be it in the form of landed properties (housing estates) or strata (high rise) properties, are not allowed to operate as short-term rental (STR) accommodation,” Penang mayor Rajendran Antony said in a...

Malaysian integrated builder conglomerate, Chin Hin Group Bhd, witnessed a 24% decrease in net profit for Q1FY2023. However, the company remains resilient and announces exciting property launches in Ayanna Bukit Jalil and Avantro Bandar Kinrara, expanding their impressive portfolio. Chin Hin Group Bhd's net profit for the first quarter ending March 31, 2023 (1QFY2023) declined to RM20.05 million, compared...

SkyWorld Development Bhd has reached new heights with the completion of its latest project, The Valley Residences, located in Setiawangsa. This development marks SkyWorld's tallest residential building to date and also holds the distinction of being the tallest residential building in Setiawangsa, according to the developer's media release. With a gross development value of RM761 million, The Valley...