The Ministry of Housing and Local Government has identified 534 potential areas in Peninsular Malaysia for urban redevelopment, with an estimated gross development value of RM355.3 billion.

Tropicana Corporation Bhd is set to capitalise on its 2,000-acre land bank after it unveiled its plans to develop two mega townships in Johor with a combined gross development value (GDV) exceeding RM30 billion.

The Mass Rapid Transit Line 1 (MRT1) and MRT2 have failed to meet their targets for daily ridership. They also failed to meet the targeted numbers of trains in operation, and peak-hour frequency, according to the 2024 Auditor General's Report.

The government has failed to implement the simultaneous issuance of vacant possession with strata titles (VPST), as there was no coordination between the Ministry of Housing and Local Government (KPKT) and other government agencies to fulfill the implementation of the policy, according to the Auditor General’s (AG) Report 2024.

The government is developing a big data analytics-driven superapp as a reference tool for developers, buyers, and architects for new housing development projects.

Noteworthy:

• Freehold
• Built-up size: 1,500 sq ft
• 3 bedrooms, 3 bathrooms
• Fully furnished
• Nearby amenities: TERKL, KLCC Park, Pavilion Bukit Bintang, F&B outlets, Plaza Low Yat, Tung Shin Hospital, Raja Chulan monorail station, MRT Bukit Bintang, Dataran Merdeka, Central Market, schools
• Accessibility: Jalan Raja Chulan, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, MEX, Sungai Besi Expressway, AKLEH

When: May 2024

Noteworthy:

• Freehold
• Built-up size: 3,000 sq ft
• Land size: 4,370 sq ft
• 5 bedrooms, 4 bathrooms
• Unfurnished
• Nearby amenities: MRT Semantan, MRT Pusat Bandar Damansara, Pavilion Damansara Heights, DC Mall, The Five @ KPD, Plaza Damansara, HELP University, National Science Museum
• Accessibility: SPRINT-Damansara Link and Kerinchi Link, Jalan Tuanku Abdul Halim, Jalan Semantan, LDP, Jalan Damanlela

When: February 2024

He said out of that number, a total of 11,422 applications with a loan value of RM2.51 billion had been approved until April 30 for the implementation of SJKP-Madani this year.

“The iron and steel industry is a very important yet delicate industry that requires a lot of attention from policy makers."

Meanwhile, Lim said Misif is also hoping that the government can provide incentives to encourage steel mills to move up the value chain.