Home Property managers seek SST exemption on commercial property maintenance fees, sinking funds Property managers seek SST exemption on commercial property maintenance fees, sinking funds

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 hotspot for rich property investors from China

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 Shifts Business Direction To Now Focus On Malaysia

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.

Putra Heights inferno: 70 victims receive three months' rental assistance from Selangor govt

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...

PROPOSED: 40-storey serviced residence in George Town

A newly proposed commercial development in the heart of George Town. It is located on a 1.04-acre plot at the intersection of Jalan Anson and Jalan Macalister, directly opposite Ghee Hiang, and just a stone’s throw from 22 Macalisterz and Tropicana 218 Macalister.

Malaysia a hotspot for medical tourism

Malaysia continues to lead the way in medical tourism, offering a unique combination of high-quality healthcare, affordability, and exceptional patient care, said KL Wellness City (KLWC) Executive Director, Datuk Sri Dr. Vincent Tiew.

Sime Darby Property aims to build more data centers in Malaysia; 2 Google data centers under its belt

ime Darby Property Bhd, a leading Malaysian property developer, aims to build more data centers in future especially at its flagship Elmina Business Park. “If the economics are right and it makes financial sense, we will look to take on more data centre projects as we aim to build a...

As Chinese students pick Malaysia, their parents buy second homes

Anwar could negotiate for more cooperation on education with Xi to capitalise on the momentum, industry insiders say