Spanning 840 acres, EBP V is among the largest of EcoWorld’s industrial-park platforms, offering a gross development value (GDV) of RM3.5 billion across five planned phases: East Gate, West Gate, North Gate, Central Gate, and South Gate.

Back in April, the Minister of Housing and Local Government (KPKT), Nga Kor Ming, said that a proposed Property Management Bill was in the works—to address what he perceived as current gaps, and to “ensure the maintenance of buildings nationwide”. However, this has raised serious concern within Malaysia’s professional property management community, and many have voiced their objections.

Magna Prima Bhd (KL:MAGNA) announced that its largest shareholders—Datuk Seri Wong Sze Chien and managing director Seah Ley Hong—closed their mandatory takeover offer with a 54.96% stake in the company.

In the heart of our capital, Kuala Lumpur, amidst gleaming skyscrapers and bustling streets, lie the forgotten shadows of dilapidated buildings: unsafe, unhygienic, and silently breeding distress.

The enactment of Section 33A of the Insolvency Act 1967 via the Insolvency (Amendment) Act 2023 marked a noteworthy transformation in Malaysia’s insolvency regime.

Figures on gross domestic product (GDP) provide a snapshot of the overall economic activity within a country by aggregating the value of all final goods and services produced.

DBKL’s new framework seems to centralise decision-making and sideline public voices, effectively shutting the public out of decisions that directly affect the liveability, heritage, and sustainability of their neighbourhoods.

With a gross development value of more than RM30 billion over 1,800 acres of land, Sunway Iskandar is one of the largest township projects in the country and comprises six precincts – The Lakeview, The Parkview, The Riverside, The Marketplace, The Seafront and The Capital. Each precinct is designed to be self-sustainable while offering a wide range of amenities.

Physical development in Kuala Lumpur must be balanced with social needs to ensure the city remains conducive and liveable for all generations, said Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa.  

Housing and Local Government Minister Nga Kor Ming recently revealed that the ministry is exploring a pay-per-use model for facilities in future affordable housing schemes.