Market

In a strategic move that could redefine Malaysia's economic landscape, the recent exemption of the cabotage policy for cable-laying ships has sparked optimism among economists and industry experts. The decision, announced by the Transport Ministry, holds the potential to revitalize the country's digital infrastructure and propel it towards becoming a digital economy powerhouse in Southeast...

In the realm of Malaysia's dynamic economic landscape, the property market stands out as a pillar of stability and growth, poised to make significant strides in the years ahead. As Housing and Local Government Minister Nga Kor Ming aptly puts it, the initiatives of the MADANI government under Budget 2024 have laid a strong foundation for the sector's growth, setting the stage for sustained prosperity....

The Malaysian economy is on an upswing, and Kuala Lumpur's property market is reaping the benefits. With the latest data showing a significant economic expansion, the first quarter of this year has painted a promising picture for real estate investors and homeowners. The robust growth in GDP, driven by stronger private expenditure and a positive turnaround in exports, is propelling the property market to...

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...

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...

Kuala Lumpur continues to dominate Malaysia's real estate landscape as the most expensive market, with subsale homes reaching an average price of RM801,557 in the first quarter of 2024. This figure notably surpasses the average price of new homes, which stands at RM708,462. As investors and homebuyers navigate this dynamic market, understanding these trends is crucial for making informed...

In a dynamic shift within the Malaysian rental market, millennials have emerged as the predominant group of renters in 2023, representing 37.8% of all rental transactions nationwide. This trend underscores the evolving demographics of property renters and is highlighted in the 2024 Home Renters Generational Trends Report by real estate technology group Juwai IQI. Following closely behind, Generation Z...

The recent announcement of a salary increase for civil servants could potentially breathe new life into Malaysia's property market, according to the Real Estate and Housing Developers' Association Malaysia (Rehda). This development comes at a crucial time as both consumers and developers grapple with the rising cost of living and escalating prices of building materials. Potential Impact of Salary...

Exploring the Surge in Compact Condos in Kuala Lumpur and Selangor In the bustling regions of Kuala Lumpur and Selangor, the skyline is ever-changing, punctuated increasingly by high-rise condominiums that cater to a growing urban population. These areas are witnessing a significant shift towards smaller living spaces, driven by rapid urbanization, lifestyle changes, and limited land...

Johor is rapidly transforming its property landscape, shedding its previous status as the region with the highest property overhang, to becoming a burgeoning hub for real estate investment. This shift is largely attributed to a series of strategic developments aimed at enhancing the region’s economic and infrastructural fabric. Strategic Developments Spurring Growth Sheldon Fernandez, the country...