The main objective of Budget 2024 is to optimize subsidies, allowing the country to provide more funds for development expenditure. “This will facilitate the construction of high-quality infrastructure and support the country's journey towards becoming a developed nation,” stated JLL in its Malaysian 2024: Real Estate Key Highlights report.
Noteworthy:
When: February 2023
MHub is collaborating with RHB Bank in “a transformative partnership that aims to revolutionise the property buying and selling experience”.
Radium Development Bhd recently handed over keys to purchasers of its Vista Sentul devlopment at Jalan Sentul, adjacent to Jalan Ipoh.
AmBank has inked green financing facilities with Avaland Bhd valued at RM129.8 million for Alora Residences, the first phase of 2Fifth Avenue green-inspired masterplan.
Noteworthy:
When: July 2023
Putrajaya’s 4% stamp duty on foreign buyers could offset the positive impact of a relaxation of conditions for the Malaysia My Second Home (MM2H) participants.
A total of RM2.8 billion has been allocated for the maintenance of roads and bridges, including an allocation of RM300 million for contractors from G1 to G4 categories.
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