Strategic development key to Johor’s property demand
Johor is expected to see sustained property demand from foreign buyers, especially Singaporeans, driven by key developments and growing investor interest, according to Knight Frank Malaysia.
Editor's Pick
DONE DEAL: Condo unit, Verde Ara Damansara, Ara Damansara, Selangor
Noteworthy:
- Freehold
- Built-up size: 1,507 sq ft
- Floor level: High
- 3 bedrooms, 2 bathrooms
- Semi-furnished
- Nearby amenities: Tropicana Golf & Country Resort, Sultan Abdul Aziz Shah Airport, CITTA Mall, Paradigm Mall, UNITAR International University
- Accessibility: NKVE, Jalan Lapangan Terbang Subang, SPRINT Damansara Link, Federal Highway, LDP
When: May 2024
No need to reinvent the wheel for property management practice in Malaysia
People often argue about building management and property management because they fail to recognise that both concepts essentially address the same issues, leading to unnecessary disputes over terminology rather than focusing on solutions.
Magma proposes capital reduction, RM80m land buy from company owned by major shareholder and Lee Chong Wei
Magma Group Bhd (KL:MAGMA) said on Tuesday it is acquiring a 2.26-acre plot of land in the Persiaran Dutamas area of Kuala Lumpur from a company connected to its executive chairman and major shareholder Datuk Seri Lee Hock Seng, for RM80 million.
DONE DEAL: Semidee house, Section 13, Shah Alam, Selangor
Noteworthy:
- Leasehold
- Built-up size: 3,283 sq ft
- Land size: 3,200 sq ft
- 6 bedrooms, 7 bathrooms
- Unfurnished
- Nearby amenities: Shah Alam Stadium, Sultan Abdul Aziz Shah Golf & Country Club, Hospital UMRA, Management & Science University, AEON Mall Shah Alam
- Accessibility: NKVE, GCE, Elite, Federal Highway, Kemuning-Shah Alam Highway, Jalan Subang, Persiaran Kayangan
When: July 2024
Malaysian companies to start complying with sustainability reporting framework in phases from 2025, says SC
The NSRF addresses the use of the IFRS Sustainability Disclosures Standards issued by the International Sustainability Standards Board (ISSB) as the baseline for sustainability disclosures for companies in Malaysia.
MDEC to launch digital city initiative to drive technological adoption and boost smart city agenda
“The demand for a sustainable, resilient and liveable urban environment has never been more pressing."
Malaysia best placed to get lion's share of Asean's data centre development, says Maybank
This is on the back of competitive data centre construction cost and average electricity tariff, coupled with a supportive regulatory environment from streamlined approval processes to conducive framework for data centre operations.
TNB launches Transition Finance Framework to fund sustainable projects
Through this framework, TNB can utilise various financing instruments for its SFTs, which encompass sustainable and responsible investment (SRI), green, social and sustainability (GSS) and transition sukuk, GSS and transition bonds, as well as transition loans.
Incentives for Forest City set to boost real estate sector — RHB
The recently announced incentives for Forest City’s Special Financial Zone (SFZ) are expected to uplift the real estate sector, particularly in the Iskandar Malaysia region.
