Chery to Develop RM2.2 Billion Smart Auto Industrial Park in Hulu Selangor Boosting Malaysia’s Automotive Industry & Property Market Growth Malaysia’s automotive sector is set for a major transformation as Legenda Beringin Holding Sdn Bhd and Chery Corporate Malaysia Sdn Bhd officially signed an agreement to develop the Chery Smart Auto Industrial Park at Beringin High Tech Auto (Beringin HTA)...
Selangor's Affordable Housing Market Surges: What It Means for Buyers & Investors in 2025-2028 🏡 RM300,000 and Below Homes on the Rise: A Game-Changer for Property Buyers KUALA LUMPUR, MALAYSIA – The supply of affordable housing in Selangor is set to increase significantly from 2025 onwards, with a major push in 2027 and 2028. New research from EdgeProp’s 2025 New-Launch Report shows that...
Federal Agencies Approve Revised PJD Link Highway Alignment: Selangor's Decision Awaits The proposed Petaling Jaya Dispersal Link (PJD Link) highway has taken a significant step forward, with federal agencies giving their nod to the revised alignment proposed by PJD Link (M) Sdn Bhd, the project developer. However, the Selangor state government now holds the final say on whether the project will...
Selangor-Kuala Lumpur Border Demarcation: A Two-Year Plan The long-standing ambiguity over the borders between Selangor and Kuala Lumpur is set to be resolved within two years. Selangor Menteri Besar Amirudin Shari announced the update, emphasizing the importance of clear boundaries for effective governance and urban planning. Why the Border Demarcation Matters The Selangor-Kuala Lumpur boundary...
Selangor to Raise Assessment Tax Rates Starting January The Selangor government has announced a 25% increase in assessment tax rates for local authorities, effective January 1, 2025. The decision, guided by the Local Government Act 1976 (Act 171), aims to align tax rates with updated valuation lists, which are legally required every five years. Why the Increase? The adjustment comes after...
The Selangor state government is set to exempt property developers from development charges for affordable housing projects, effective January 2024, announced Datuk Borhan Aman Shah, the Selangor state housing and culture exco, at the Rehda Selangor Housing Convention 2024. This exemption applies to key affordable housing schemes like Rumah Idaman and Rumah Selangorku Harapan, aiming to accelerate the...
TSR Capital Bhd (KL) has secured a RM75 million contract to undertake construction works at Elmina Business Park 2 in Gombak, Selangor, according to a bourse filing made on Wednesday. The contract was awarded to TSR Capital's wholly-owned subsidiary, TSR Bina Sdn Bhd, by Sime Darby Property Bhd (KL). The scope of the project involves extensive site clearance and earthworks, including erosion and sediment...
Selangor has made a bold move to strengthen its semiconductor industry with the opening of an integrated circuit (IC) design park in Puchong, offering competitive salaries that rival those in Singapore and Vietnam. According to Yong Kai Ping, the chief executive officer of the Selangor Information Technology and Digital Economy Corp (Sidec), this initiative is part of the state’s strategy to secure the...
Selangor Achieves High-Income Status: Insights and Implications Selangor, one of Malaysia's most prominent states, has officially joined the ranks of high-income states, according to a recent announcement by Apurva Sanghi, World Bank lead economist for Malaysia. This milestone marks a significant achievement for Selangor and reflects the broader economic progress within Malaysia. Selangor's Economic...
SS16 Subang Jaya: From Commercial Hub to Vibrant Mixed-Use Development The neighborhoods of SS12, SS13, SS14, SS15, SS17, SS18, and SS19 originally formed Subang Jaya, a well-established township in the Klang Valley, known for its predominantly landed residential properties. SS16, in contrast, was designated as the commercial hub, uniquely positioned at the fringe of Subang Jaya, bordered by the Federal...
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