Geopolitical shifts set to boost Sabah’s industrial growth and benefit real estate sector
Sabah is set to see a spurt in its real estate growth in the next few years, catalysed by some ongoing and future developments in the state and the region.
Editor's Pick
DONE DEAL: Office, Menara The Stride, Bukit Bintang City Centre, Kuala Lumpur
Noteworthy:
- Built-up size: 3,325 sq ft
- Land size: 3,325 sq ft
- No of units rented: 3
- Unfurnished
- Nearby amenities: Hang Tuah Monorail, LaLaport @ BBCC, MRT Merdeka, The Exchange TRX, MRT Bukit Bintang, Pavilion Bukit Bintang, Tung Shin Hospital, Berjaya Times Square
- Accessibility: Jalan Hang Tuah, Jalan Pudu, Jalan Loke Yew, Jalan Kampung Pandan, Jalan Yew, MEX
When: April 2024
DONE DEAL: Terrace house, Taman Puncak Jalil, Selangor
Noteworthy:
- Leasehold
- Built-up size: 1,580 sq ft
- Land size: 1,400 sq ft
- 4 bedrooms, 3 bathrooms
- Semi-furnished
- Nearby amenities: Taman Puncak Jalil Recreational Park, Kinrara Golf Club, Alice Smith School, Columbia Asia Hospital - Puchong, Universiti Putra Malaysia, IOI Mall Puchong, Wawasan Hill Trail (Entrance), Pavilion Bukit Jalil
- Accessibility: MEX, Lebuhraya Bukit Jalil, LDP, North-South Expressway
When: March 2024
Malaysia ranks third in Asia for outbound cross-border property investment — Juwai IQI
Malaysia has emerged as the top three country in Asia for outbound cross-border property investment after Mainland China and Hong Kong, according to Juwai IQI Holdings’ Asia-Pacific Cross-Border Residential Property Buying Trends Report 1Q2024 that was issued on Tuesday.
Bursa Malaysia confirms in final talks to move its HQ to TRX
Bursa Malaysia Bhd (KL:BURSA) said it is in final negotiations with the developer of The Exchange 106 at Tun Razak Exchange (TRX) to move its headquarters to TRX.
Malaysia–China to ink MOU on housing, urban planning, smart cities — Nga
Nga elaborated that both countries would explore potential cooperation in smart housing, urban redevelopment, urban mobility, urban liveability, urban sustainability, and smart city profiling.
Urban Redevelopment Act forum: Don’t wage war between ‘sell’ and ‘stay’ homeowners
Although the conditions for the URA have not been finalised yet, Zamirzan said that the new Act is to be tabled in Parliament in either October or November for its first reading.
HLIB upgrades property sector, sees benefits from revamped MM2H policy
This follows an announcement last week by the Ministry of Tourism, Arts and Culture (Motac) of an updated MM2H guideline.
Retail sales rebounded in 1Q, may slow in next three months — Retail Group Malaysia
Retail sales grew 7.8% in January-March 2024 when compared to the same period in 2023.
KPKT online ambassador initiative does not incur additional costs, say Nga
The online ambassador initiative, introduced by the Ministry of Housing and Local Government (KPKT), does not involve additional costs, said its minister Nga Kor Ming.
