BNM likely to stand pat on policy rate after July’s surprise, economists say
BNM will maintain the overnight policy rate at 2.75% at its second-last meeting of the year, according to 22 of 24 economists polled by Bloomberg.
Editor's Pick
KSK's ambitious project 8 Conlay forced to sell after legal battles
KSK Group's ambitious pivot from insurance to property development has turned awry as its flagship 8 Conlay project—the group's maiden property venture—has been officially put up for sale.
GuocoLand sells Johor Bahru hotel to YTL for RM150m, confirming The Edge report
GuocoLand is selling a Johor Bahru hotel and the land plot it sits on for RM150 million, and will book a net gain of RM35 million or S$11 million upon completion of the deal.
State govts gazetted 534 urban renewal sites, says Nga
Proposed sites for urban renewal currently being raised by certain parties have in fact already been gazetted by state governments, including opposition-led states.
Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM 3.2m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 2,293 sq ft
- 4 bedrooms, 6 bathrooms
- Semi-furnished
- Nearby amenities: The Waterfront, Plaza Arkadia, ParkCity Medical Centre, The International School @ ParkCity
- Accessibility: LDP, MRR2, DUKE, SPRINT Expressway, and Penchala Link
When: May 2025
Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM 3.2m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 2,293 sq ft
- 4 bedrooms, 6 bathrooms
- Semi-furnished
- Nearby amenities: The Waterfront, Plaza Arkadia, ParkCity Medical Centre, The International School @ ParkCity
- Accessibility: LDP, MRR2, DUKE, SPRINT Expressway, and Penchala Link
When: May 2025
Urban Renewal Bill: Govt to raise consent threshold to 80% for all projects, demographics to be considered as debate pushed back to next Parliament sitting
The government will raise the consent threshold for urban renewal projects to 80% across the board, Housing and Local Government Minister Nga Kor Ming said on Thursday.
Anwar says Urban Renewal Bill can be improved, urges critics to give it a chance
Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that the government is prepared to refine and amend the proposed Urban Renewal Bill 2025 (URA Bill), ahead of its second reading in the Dewan Rakyat.
Placemaker Week Asean 2025: Build cities for social interaction to counter depression
Urban challenges such as loneliness and depression could be addressed through better city projects that encourage social interaction and well-being.
Malaysian Bar joins calls to defer Urban Renewal Bill, says compulsory acquisition clause 'illogical'
The Malaysian Bar has urged the government to defer the second reading of the Urban Renewal Bill 2025 (URA Bill), joining a growing chorus of critics warning that the proposed law could undermine homeowners’ rights and displace vulnerable communities.
