Allaudeen said 20 raids were conducted recently to detect the call centres, which were mostly operating behind the facade of luxury premises.

A majority of these housing projects have been granted Certificates of Completion and Compliance, while the rest have had their status changed to "in progress".

According to the Transport Ministry, the current train frequency for peak hours is 3.8 minutes, compared to 4.4 minutes in December 2022.

The office markets in Kuala Lumpur City (KLC), Kuala Lumpur Fringe (KLF) and Decentralised (DC) areas have observed an increase in transacted and asking rents in 3Q2023, driven by the demand for smart and green buildings and the flight-to-quality trend predominantly of financial services companies and multinational corporations (MNCs), said JLL Property Services (Malaysia) Sdn Bhd director of office leasing advisory Quiny Lee at the launch of JLL’s 3Q2023 Greater Kuala Lumpur Property Market Monitor: Sectorial Market Overview here on Monday.

Raising the overnight policy rate (OPR) may no longer be "relevant” given the decline of headline inflation to below 2% recently, said Deputy Finance Minister Datuk Seri Ahmad Maslan.

Tropicana Cenang at Langkawi recorded 90% take-up for its first phase, Assana Serviced Suites recently.

As cranes increasingly dot Malaysia’s skylines and construction sites buzz with non-stop activity, a curious imbalance has taken shape. Amid the rising apartment complexes, suburban enclaves and gated communities, a significant number of residential properties stand vacant, their doors open and awaiting the footsteps of prospective occupants.

The National House Buyers Association (HBA) acknowledges the challenges faced by our Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in tabling Budget 2024 from the MADANI Government last Friday (Oct 13) amidst the rising cost of living and various global economic headwinds.

Noteworthy:

• Freehold
• Built up size: 2,400 sq ft
• Land size: 3,334 sq ft
• 4 bedrooms, 3 bathrooms
• Semi detached
• Unfurnished
• Nearby amenities : convenience stores, supermarkets, restaurants, Pearl Point Shopping Mall, The Gardens Mall,  LRT Universiti
• Accessibility :KESAS highway, NPE highway

When: February 2023

The government is looking into raising the floor for paid-up capital and accumulated capital for new property developers, and to blacklist directors of sick and abandoned projects in an effort to ensure the sustainability of the housing sector.