Constructive dialogue, sound policy needed for new urban renewal laws, says Rehda Institute
Rehda Institute believes that sound policy on new urban renewal laws must be evidence-based, people-focused, and guided by global best practices.
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Malaysia’s property transaction value drops 8.9% in 1Q, reports Napic
Malaysia’s property transaction value fell 8.9% in the first quarter of 2025 (1Q2025) to RM51.42 billion, compared to RM56.47 billion a year earlier, according to the latest data from the National Property Information Centre (Napic).
MyKiosk project not a ‘white elephant’, majority of units in use, says Nga
Housing and Local Government Minister Nga Kor Ming has dismissed claims that the ministry’s MyKiosk project has become a white elephant.
Napic’s and Rehda’s differing data—Which one reflects true market sentiment?
The Malaysian property market is said to have performed exceptionally well in 2024, with the total value of property transactions hitting a record high at RM232.3 billion, and the total volume of property transactions reaching 420,545, regaining the momentum of 2011.
BNM keeps overnight policy rate steady, flags rising downside risks to growth
Malaysia's central bank has kept the overnight policy rate (OPR) unchanged at 3%, as expected, while flagging rising downside risks to economic growth.
Property managers seek SST exemption on commercial property maintenance fees, sinking funds
The Malaysian Institute of Property and Facility Managers (MIPFM) has submitted a formal appeal to the Ministry of Finance (MOF) and the Royal Malaysian Customs Department to reconsider and exempt maintenance fees and sinking fund contributions for stratified commercial properties from sales and service tax (SST), over a year after its implementation.
Jalan Medang Serai, Serai Bukit Bandaraya condo unit sold for RM7.15m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 4,025 sq ft
- Floor level: High
- 4 bedrooms, 5 bathrooms
- Semi-furnished
- Nearby amenities: Bangsar Shopping Centre, Universiti Malaya, Sime Darby Convention Centre, Kuala Lumpur Golf and Country Club, Pantai Hospital
- Accessibility: SPRINT-Damansara and Penchala links, Federal Highway, Jalan Ara, Jalan Profesor Diraja Ungku Aziz
When: December 2024
YouthFest 2025: ‘Dear KL, we need to talk’
A sense of belonging is important for youths, especially in urban areas where many are seeking to define themselves. However, are we doing enough to promote the well-being of youths in our cities?
Jalan Balau Damansara Heights bungalow sold for RM 7.5m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 4,000 sq ft
- 5 bedrooms, 4 bathrooms
- Unfurnished
- Nearby amenities: Pavilion Damansara Heights, HELP University, Universiti Malaya Medical Centre, Kuala Lumpur Golf Country and Club
- Accessibility: SPRINT-Damansara and Penchala Links, North-South Expressway, Jalan Duta
When: January 2025
Asia-Pacific's cross-border investment in Malaysian commercial real estate sector hit US$9.5b in 1Q—Knight Frank
Ooi said the research firm is observing early signs of renewed cross-border investor interest in Malaysia, particularly among those reassessing Southeast Asia’s growth potential.
