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PROPERTY NEWS
Alibaba Logistics Hub Soon

China's Alibaba Group is set to transform up to 45 hectares at KLIA Aeropolis into an eFulfillment hub, an e-commerce and logistics hub to facilitate faster clearance of imports and exports. Prime Minister Datuk Seri Najib Tun Razak said the establishment of the hub, which was in line with Mal...
MM2H Contributed RM2.9 Billion to Economy in 2016

The Malaysia My Second Home (MM2H) programme contributed RM2.9 billion to the Malaysian economy in 2016, according to tourism and culture minister Datuk Seri Nazri Aziz. Nazri said in Parliament on Wednesday (March 22) that the RM2.9 billion figure includes a contribution from visa fees of RM6...
Construction, Property Stocks to Benefit From Foreign Buyers

Key players like Gamuda, WCT Holdings Bhd, Malton Bhd were among the main earners of the previous week, showing great strength from the property industry. With foreign funds increasing their exposure in Malaysian equities, companies that are deemed to be beneficiaries of big construction proje...
Construction Sector Enters Upcycle as Index Reaches New High

The construction sector is entering an upcycle, the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) observes, with the KL Construction Index (KLCon Index) having climbed to a new high of 25.43-fold. According to MIDF Research, this is KLCon Index’s highest since its lowest pr...
citizenM Hotel to Open in Kuala Lumpur in 2018

Affordable luxury for the traveller of today and tomorrow – Artyzen Hospitality Group (AHG), together with Pinnacle Supreme Sdn Bhd, a member of Cornerstone Partners Group, are delighted to announce the signing of the citizenM hotel in Bukit Bintang, Kuala Lumpur. It was confirmed today that...
Malaysia Is Good Test Bed for Fintech Solutions, Says MDEC

Malaysia is an interesting test bed for financial technology (FinTech) solutions as it has a lot of emerging markets, said Malaysia Digital Economy Corporation (MDEC) chief executive officer, Datuk Yasmin Mahmood, as reported in Borneo Post. However, she said the country still needs a lot mor...
Real Estate as Hedge Against Inflation

A number of investments, such as real estate, gold and oil, are historically viewed as hedges against inflation. For investors, the key to making money in an inflationary environment is to hold investments that increase in value at a rate higher than inflation. Datuk Seri Mahadi BZ, a chart...
Upbeat Sunsuria Plans More Salak Tinggi Projects

Malaysia's economic growth is expected to be slower this year due to the challenging global economic and financial landscape, but major property developers remain unfazed. Despite a weaker ringgit, still-low crude oil prices and worldwide geopolitical issues, companies such as Sunsuria Bhd wil...
The Home Improvement Portal That Does It All

For someone that doesn’t know much about furnishing a home, the task can be daunting. This is especially true when you realise that the place that you bought needs more work than you initially thought it did. This is exactly the problem that Adrian Chima had hanging over his head when he bought...
Mall Glut May Lead to Loan Defaults

Due to the oversupply of retail space and falling occupancy levels, some mall developers might struggle to repay the loans used to build their shopping centres. “Established malls which are supported by huge catchment populations like Sunway Pyramid and One Utama will be okay. But not all ma...
Letter of Award for Penang Transport Plan Extended Again

The validity of the letter of award to the Gamuda Bhd-led consortium chosen as project delivery partner for the RM46 billion Penang Transport Master Plan has been extended till Aug 31. This is the second extension of the LOA by the Penang government after the previous one, announced on July 29...
Mah Sing to Launch Its First RUMAWIP Project

Mah Sing Group Bhd (Mah Sing) will be launching its first RUMAWIP project — Residensi Seri Wahyu in Taman Wahyu, Kuala Lumpur on March 29. The event will be held in Lakeville Residence Sales Gallery from 8am to 6pm that day, the developer said in a press release on Tuesday (March 14). The...
KL Gains More Attention From Commercial Property Investors

Kuala Lumpur and Bangkok are generating higher investor interest in direct commercial real estate investment, according to JLL’s newly released Investment Intensity Index. The index compares the volume of direct commercial real estate investment in a city over a three-year period relative to...
60percent Housing Loans Rejected

Malaysia’s property market remains weak partly because many housing loan applications are rejected by financial institutions, according to the Real Estate and Housing Developers Association (REHDA), reported The Edge. “Banks and developers have different sets of statistics. From what we ha...
Families Fear Becoming Homeless After Excluded From Housing List

Five families living in Klang fear to become homeless if the government will not make good on its promise to replace their soon-to-be-demolished homes. According to See Eng Huat, Lim Bee Lee, Chong Foong Yew, Lim Sun Huat and Lee Ah Moi, whose age range between 48 to 67, they were offered home...
Competition for Affordable Homes Could Intensify

Despite the property market pegged to stay subdued this year, analysts believe that competition in the affordable housing segment could intensify as more consumers demand public housing. AllianceDBS Research Sdn Bhd (AllianceDBS Research) in its latest industry focus highlighted that the gover...
Hatten Land Limited Hosted Appreciation Dinner

Hatten Land Limited (‘’Hatten Land” or the “Company”), a leading property developer in Malaysia, celebrates the successful debut on the Catalist Board of the Singapore Exchange on 28 February 2017 with a grand gala dinner in Melaka’s top premier hotel on 7 March 2017. As the proper...
Sultan of Johor and Lim to Sell Land to Merged IWH

Iskandar Waterfront City Bhd (IWC) announced a proposed merger with its major shareholder Iskandar Waterfront Holdings Bhd (IWH) through a one-for-one share swap exercise in which IWH would take over the listing status upon completion. The merger plan also entails a proposed asset acquisition ...
MB World Group Berhad Unveils Taman Sri Penawar

MB World Group Berhad (“MBWG” or the “Group”) has unveiled their first new integrated township - Taman Sri Penawar in Bandar Penawar, marking the start of more new ventures for the Group. Taman Sri Penawar is a township development project under the leadership of Cocoa Valley Developme...
Praying for Luck, Mortgage Approval

In the picture, what do you think I am doing? Praying for money to drop from the sky or hoping for luck to come by? Well, I don’t depend on them. I don’t believe that money will just drop from the sky or for a miracle to happen. If a car were to break down, you will need a mechanic to fix ...
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