Malaysia’s property transaction value fell 8.9% in the first quarter of 2025 (1Q2025) to RM51.42 billion, compared to RM56.47 billion a year earlier, according to the latest data from the National Property Information Centre (Napic).
The much-anticipated Penang Hill cable car project is progressing as planned, with the first ropeway tower set to be erected by the end of June 2025. According to Penang Hill Corporation (PHC) general manager Datuk Cheok Lay Leng, caisson piling works are currently underway at all four main project sites,...
Sitting atop a 15.5-acre land, the joint venture project features serviced apartments and retail outlets complemented by a host of F&B offerings, lifestyle amenities as well as an education and wellness hub. Its first phase will be launched in 3Q2025 with more than 1,000 small office/home office (SOHO) units.
The Malaysian Institute of Property and Facility Managers (MIPFM) has submitted a formal appeal to the Ministry of Finance (MOF) and the Royal Malaysian Customs Department to reconsider and exempt maintenance fees and sinking fund contributions for stratified commercial properties from sales and service tax (SST), over a year after...
Malaysia’s luxury property market is attracting interest from Chinese high-net-worth individuals, with momentum expected to accelerate into 2025 and beyond.
Eco World International Berhad (EWI) has announced a significant change in its strategic direction, proposing to expand its operations to include property development and investment in Malaysia. This marks a departure from its previous focus solely on international projects.
The Selangor government has disbursed three months' worth of rental assistance to 70 victims affected by the gas pipeline fire in Putra Heights, Subang Jaya. State housing and culture committee chairman Datuk Borhan Aman Shah said the aid of RM2,000 per month was transferred directly into the victims' accounts by...