News by Edgeprop.my

The new policy for expatriate employment pass (EP) has spotlighted how broader employment and residency regulations influence foreigners’ housing decisions in Malaysia.

The company said plans are underway to expand into Thailand and other Asean markets.

"The Madani government always leads by example and ensures that the excellence of service delivery to the people cannot be compromised."

The Klang Valley’s residential landscape is undergoing a structural shift, with high-rise developments forming an increasing share of new housing supply, particularly within the mid-market segment.

Sime Darby Property Bhd is expanding its industrial footprint across Northern Klang Valley with the maiden launch of Phases 1A and 1B, offering a total of 19 freehold industrial land lots, at Elmina Business Park 2.

When MLDC Bhd acquired the ageing Kempas Residences within Genting View Resort six years ago, the developer quickly realised that cosmetic refurbishment alone would not be enough to revive the 20-year-old asset.

Batu Kawan has rapidly evolved from a former agricultural enclave into one of Penang’s most active development corridors, underpinned by rising high-rise residential transactions, strengthening commercial property values, and sustained industrial expansion across the area.

IOI Properties Group Bhd (IOI Properties) has formally announced the proposed establishment of IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT), with a total portfolio disposal consideration of approximately RM7.58 billion — one of the largest REIT IPOs in Malaysian history.

PE Land Group will anchor Capstone Corporate Suites with a 35,000-sq ft regional office upon completion, marking a key milestone for the 36-storey Grade-A office tower in Bandar Cassia, and reinforcing Batu Kawan’s emergence as Penang mainland’s business hub.