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 stateโs 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...
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...
Selangor has achieved a significant milestone in affordable housing by constructing 40,000 affordable homes since 2018, according to Selangor Menteri Besar Datuk Seri Amirudin Shari. He also revealed that an additional 5,000 houses are expected to be completed by the end of this year. Selangor's commitment to providing affordable housing has earned recognition from the Local Government Development...
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...
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...
Several state government-owned companies from Selangor, Malaysia, have expressed strong interest in investing in the development of Indonesia's new capital city, Nusantara, according to Invest Selangor, the state's investment promotion agency. These companies are involved in various sectors, including residential construction, health services, renewable energy, and waste management. Invest Selangor's CEO,...
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