Malaysia’s property sector is poised to gain momentum as demand for data centres and industrial properties continues to rise, enhancing the value of landbanks held by property developers. According to MIDF Research, the sector is expected to remain resilient, supported by the stable overnight policy rate (OPR) of 3 per...
The announcements include the launch of the highly anticipated Johor-Singapore Special Economic Zone (JS-SEZ); a potential light rail transit (LRT) line or an autonomous rapid transit (ART) in Johor Bahru and its surrounding districts; and the conversion of private lease scheme units (PLS) to freehold status for Medini Iskandar Malaysia...
Sime Darby Property Bhd (KL:SIMEPROP) will look to take on more data centre projects as a means of growing its recurring income, said group managing director and chief executive officer Datuk Seri Azmir Merican.
The long-anticipated North Coastal Paired Road (NCPR) project, a key component of the Penang Transport Master Plan (PTMP), is set to commence following the state government’s approval of a revised alignment and commercial terms. The project is expected to begin construction in 2026 and take five years to complete.
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.