News by Chin Wai Lun

Despite a strong 2024 for the Malaysian property market, sentiments remained mixed with concerns about living costs, purchasing power and global economic uncertainties, according to Rahim & Co International Property Consultants Sdn Bhd at the launch of Rahim & Co Research Sdn Bhd’s Property Market Review 2024/2025 on Thursday.

Exsim Ipoh City Sdn Bhd, a member of Exsim Group, has entered into a joint-venture agreement with Liew Yin Yin Land Sdn Bhd for the development of a 1.291-acre tract of land in Ipoh, according to a media statement on Wednesday.

Property developer EMKAY Group has signed a Memorandum of Understanding (MOU) with Ipoh-based travel agency Global Net Travel Sdn Bhd to develop floating villas at the Pulau Banding island in Gerik, Perak.

Malaysia's property sector will be mainly driven by the completion of mega infrastructure projects and the transition to new technologies this year, according to CBRE | WTW group managing director Tan Ka Leong at the media launch of the real estate consultancy's 2025 Market Outlook Report earlier on Thursday.

Matrix Concepts Holdings Bhd (KL:MATRIX) broke ground for the first phase of the Malaysia Vision Valley City (MVV City) project in Negeri Sembilan on Tuesday.

UEM Sunrise Bhd (KL:UEMS) has received planning permit approval for a A$277.8 million (RM784.8 million) build-to-rent development in Collingwood, Melbourne, Australia.

Radium Development Bhd (KL:RADIUM) has signed a memorandum of understanding (MOU) with GreenRE Sdn Bhd to integrate green building practices across Radium's projects.

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), and Taylor's Education Group have collaborated to establish affordable international schools within Gamuda Land's townships.

IOI Properties Group Bhd (KL:IOIPG) has launched its IOI Sustain Roadmap 2030 (ISR 2030) to drive sustainable progress across all facets of the group's operations.

Avaland Bhd (KL:AVALAND) launched the Sanderling 2 high-rise residential project over the weekend. Sanderling 2 is the fourth and final phase of the developer’s 23-acre freehold Lakefront Residence development in Cyberjaya.