Petaling Jaya’s Top Property Hotspots in 2024: Where Prices Are Rising Fastest Petaling Jaya (PJ) has long been one of Malaysia’s most desirable urban locations for both property buyers and investors. As a mature satellite city with strong connectivity, vibrant neighbourhoods, and a well-established infrastructure, PJ continues to offer value for capital appreciation and lifestyle convenience. But...
Asian Pac Acquires Jaya Shopping Centre for RM100 Million: What It Means for Malaysia’s Retail Property Market In a strategic move that signals growing investor confidence in Malaysia’s retail sector, Asian Pac Holdings Bhd (KL:ASIAPAC), via its wholly owned subsidiary Primadana Utama Sdn Bhd, has announced the acquisition of Jaya Shopping Centre in Petaling Jaya, Selangor for RM100 million in...
Tropicana Miyu: A Fully Sold-Out Success in Petaling Jaya’s Property Market Tropicana Miyu, a joint-venture high-rise development by Tropicana Corp Bhd and Temokin Development Sdn Bhd, has achieved 100% sold-out status, marking yet another milestone in Petaling Jaya’s thriving residential property market. With a gross development value (GDV) of RM261 million, this low-density freehold condominium...
Binastra Corp Bhd (KL), formerly known as Comintel Corp Bhd, has successfully secured a substantial RM235.5 million contract from Mightyprop Sdn Bhd. This contract involves the construction of a 39-story serviced apartment building in Petaling Jaya, Selangor, further solidifying Binastra's reputation in the construction industry. The contract, awarded to Binastra's subsidiary, Binastra Builders Sdn Bhd,...
PJD Link Project Review: Selangor Government Reconsiders Canceled Highway The Petaling Jaya Dispersal Link (PJD Link) project, which faced cancellation in April, may see a revival according to recent updates from the Selangor government. Infrastructure and agriculture committee chairman Izham Hashim revealed that the federal government has requested a review of the developer's adjustments to the...
The cancellation of the Petaling Jaya Dispersal Link (PJD Link) highway project has sparked a crucial debate on urban transit solutions in Petaling Jaya. While the proposed highway was initially viewed as a means to alleviate traffic congestion for the residents of Taman Medan, alternative approaches may offer more sustainable benefits. The PJD Link Controversy The PJD Link was designed as a response...
Ibraco Bhd, a prominent Sarawak-based property developer, is making waves in Peninsular Malaysia with its second major high-rise serviced apartment project, Residensi NewUrban. Located in the bustling area of Petaling Jaya South, Selangor, this development is set to redefine affordable luxury living in the Klang Valley. Residensi NewUrban: Affordable Luxury Living in Petaling Jaya South Residensi...
The Controversial Path of Petaling Jaya's PJD Link Highway The future of the Petaling Jaya Dispersal Link (PJD Link) hangs in balance as developer PJD Link (M) Sdn Bhd faces governmental pushback on the project's progression. Despite the government's recent decision to halt the RM4.4 billion highway project, the company remains optimistic about its viability and the substantial economic benefits it could...
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...
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