EdgeProp was present over the weekend at the gallery showcases of two of EdgeProp START’s partners, Skyworld Setapak and JKG Land.

Malaysia’s good growth momentum, underpinned by strong pick-up in domestic demand, improving labour market conditions as well as favourable government policies have supported the real estate sector.

The Local Government Development Ministry (KPKT) will, among others, focus on the issue of affordable home ownership for those without fixed income, such as gig economy workers, business owners, traders and small entrepreneurs.

Scientex Bhd has signed a memorandum of understanding (MOU) with Sime Darby Motors, the automotive arm of Sime Darby Bhd, to bring affordability into sustainable property development and mobility solutions for a greener future.

JLL explained that it “has been investing in and organising CRE data for years. With clean, quality assured, strictly governed data, JLL is now able to extend its technology strategy into the generative AI era for the benefit of its clients”. 

Noteworthy:

• Freehold
• Built-up size: 3,950 sq ft
• Land size: 2,262 sq ft
• 5 bedrooms, 5 bathrooms
• Fully-furnished
• Nearby amenities: Convenience stores, schools, Sunway Velocity Mall, EkoCheras Mall,  LRT Ampang, MRT Maluri, MRT Cochrane
• Accessibility: EKVE highway, SUKE highway

When: April 2023

Residential real estate purchases are key to economic growth, with Malaysian homebuyers contributing an estimated RM42.5 billion to the economy last year, according to Juwai IQI.

Foreigners who participate in Sarawak-Malaysia My Second Home (S-MM2H) programme are now allowed to work in the state.

Noteworthy:

• Built-up size: 2,400 sq ft
• Land size: 1,950 sq ft
• Unfurnished
• Nearby amenities: Convenience stores, schools, Sunway Velocity Mall, LRT Ampang, MRT Maluri, MRT Cochrane
• Accessibility: EKVE highway, SUKE highway

When: March 2023

The 52-year-old Tan has over 26 years of international experience in the property development and construction industries, having held leadership positions at other property companies.