Microsoft To Establish Its First Data Centre Region In Malaysia

The data centre region, which will be situated in Greater Kuala Lumpur, will deliver trusted cloud services locally as well as world-class data security, privacy including the ability to store data in-country.

Continue ReadingApr 20, 2021

PropertyGuru Widens The Gap As Malaysia’s Undisputed No.1 Property Website And Continues Proptech Innovation With Latest Launch

PropertyGuru widened its lead as Malaysia’s No. 1 property website, increasing its market share to 63% based on 6-month average from October ’20 to March ’21, as per the latest SimilarWeb data.

Continue ReadingApr 20, 2021

KPKT Approves RM6.3 Million Fund For Kuala Langat Development

The old system needs to be streamlined and upgraded so that it can match with the development that will take place with the coming of new investors to the area, said KPKT Minister Zuraida.

Continue ReadingApr 19, 2021

Interest In Local Residential Investment Remains Resilient

The trend is backed by wealth growth within Malaysia, with the country registering an increase of 8% from 2015 to 2020, according to a property consultancy firm in Malaysia.

Continue ReadingApr 16, 2021

Tropicana Builds Flood Mitigation System In Johor

After thorough checking, the system is ready to be handed over to the local authority, Majlis Bandaraya Johor Bahru.

Continue ReadingApr 16, 2021

BNM, Banks Urged To Set Up A Department That Look Into Housing Loan Defaults

Industry expert has urged banks to explore all possibilities to help borrowers – who had not defaulted before – overcome their financial troubles.

Continue ReadingApr 15, 2021

Setia Eco Templer Interchange To Benefit Up To 20,000 Residents

Setia Eco Templer Interchange with its starting point from Persiaran Eco Templer measures at 450m, providing road users a shorter route to Jalan Rawang.

Continue ReadingApr 15, 2021

Tender For MRT3 To Open In August 2021 – MRT Corp

On the project cost, MRT Corp described the latest media reports as “not far off”. Analysts believes the cost of the project range from RM20 billion to about RM30 billion.

Continue ReadingApr 14, 2021

NAPIC Expects Property Market To Rebound In H2 2021

Kenanga Research, however, noted that while property sales may rebound this year, it does not expect the recovery to reach pre-pandemic levels.

Continue ReadingApr 13, 2021

KPKT: Housing Development Act To Be Amended To Help Buyers Of Abandoned Projects

According to KPKT Minister Zuraida, the ministry will establish a fund, in which developers are mandated to allocate a certain amount before they would be allowed to develop a housing project.

Continue ReadingApr 12, 2021

Tropicana Partners With Raffles American School & University

This collaboration offers local and international property purchasers in Johor an exclusive rebate, up to 20% of one-year school fees, when they enrol their child in the Raffles University and 5% for Raffles American School.

Continue ReadingApr 12, 2021

Bursa Malaysia’s Property Index Hit One-Year High Despite Weak Market Sentiment

EcoWorld, for instance, saw its shares climb 50% year-to-date to close at 72 sen on Wednesday (7 April) from 24 sen on 4 January.

Continue ReadingApr 9, 2021

UEM Sunrise Adds To The Dutamas Skyline With A Successful Topping Out Ceremony Of The Residensi Solaris Parq

With a starting price of RM948,800, Residensi Solaris Parq is just a few units away from being fully taken and is targeted for completion in Q2 2022.

Continue ReadingApr 9, 2021

PropertyGuru Asia Property Awards Appoints Global Advisory And Accounting Network HLB As Official Supervisor

Through this partnership, HLB will help strengthen the 16-year-old awards programme’s reputation as the ‘Gold Standard’ in real estate in the Asia Pacific region.

Continue ReadingApr 9, 2021

Sime Darby Property’s Elmina Green Four Homes Swept Up In Two Minutes

During the early bird online booking on 26 March, 98 units of Phase 1, with starting prices of RM778,888 before rebates, were fully taken up within just two minutes.

Continue ReadingApr 8, 2021

Shopping Malls’ Occupancy Rate Drops To 17-Year Low In 2020

As at end-2020, there were 1,050 shopping complexes in Malaysia, with total retail space of 16.85 million sq m. Of these, 556 were shopping centres with a total retail area of 12.61 million sq m.

Continue ReadingApr 8, 2021

Tropicana’s Freedom Campaign Offers Completed Units At Big Savings

The campaign features zero down payment, up to 50% rebates, 100% financing with HouzKEY by Maybank Islamic, and up to 10 years of free maintenance, amongst others.

Continue ReadingApr 7, 2021

Government Mulls Extending Home Ownership Campaign (HOC) To End-2021

As at 28 February this year, a total of 34,354 housing units worth RM25.6 billion were sold during the 2020-2021 HOC.

Continue ReadingApr 6, 2021

Ativo Suites Celebrates Major Construction Milestone With Topping-Out Ceremony

Upon full completion, the freehold two-tower serviced apartment will house 668 units fitted with a curated selection of branded appliances and smart-home system.

Continue ReadingApr 6, 2021

Construction Works For MRT3 Project To Resume In H2 2021

MRT Corp has been given three months to update the studies previously conducted on the project’s implementation.

Continue ReadingApr 5, 2021