The cost of living, especially for property owners, is expected to rise sharply if the Urban Renewal Act (URA) is implemented.
Malaysia’s property transaction volume and value in 2024 have reached their highest levels in a decade.
A scam allegedly perpetrated by a property developer is believed to have left over 20 victims across Sarawak suffering losses of about RM1.8 million, said the National Consumer Action Council (MTPN) Sibu.
The Urban Renewal Bill, which is being drafted, is to ensure fair redevelopment that benefits property owners and contributes to economic growth.
The Sarawak Land and Survey Department (JTS) secured three gold awards under the ‘Public Service Innovation Asia (PSIA)’ category at the Malaysia Technology Expo (MTE) 2025, held at the World Trade Centre in Kuala Lumpur today.
During the press conference, the event's organising chairman Sulaiman Saheh said the projection rate of 2% to 5% is very much dependent on the locality.
Eco World Development Group Bhd’s shares on Bursa Malaysia rose in early trade after disposing of its 56.06 hectares of freehold land in Iskandar Malaysia, Johor, to Microsoft Payments (Malaysia) Sdn Bhd for RM693.96 million.
The National House Buyers Association (HBA) said while plans to hold developers responsible for their promises to consumers are commendable, they must be backed by action.