Learn about the debut of Idaman Cahaya, the third phase of Shah Alam's lauded Rumah Idaman MBI project. The affordable housing initiative, created by PCSB and MGB Berhad. SELANGOR, 28 July 2023 – In collaboration with MGB Berhad ("MGB" or the "Group"), a premier provider of construction and real estate development solutions and a subsidiary of LBS Bina Group Berhad ("LBS"), Permodalan Negeri Selangor...
The Greater Klang Valley will allow all four local authorities to be combined and coordinated through a system that can increase service efficiency, based on Selangor Menteri Besar Datuk Seri Amirudin Shari. This is going to make it easier for the government to carry out its business as a service provider for citizens from Petaling Jaya to Klang. SHAH ALAM, 27 July 2023 – According to...
KUALA LUMPUR, 27 July 2023 – On 27th July, an announcement was made by the govt that up to 5billion Ringgit Malaysia in loan programs will be offered by it through the Housing Credit Guarantee Company (SKJP) to support the purchase of first-home. The government then claimed that it has enhanced the SJKP loan program and is now offering a financing assurance of up to 120% of the purchase of...
Discover the evolving landscape of the Malaysian real estate market. Learn about seismic and earthquake-resistant architecture's importance in high-rise buildings and explore projections for market expansion this year. KUALA LUMPUR, 25 July 2023 – Given the recent increase in seismic activity and earthquakes in Peninsular Malaysia, experts in the field emphasize the significance of adding...
KUALA LUMPUR, 4 July 2023 – Skyworld Development Bhd, a prominent property developer, has announced its ambitious plans to launch multiple new projects in Kuala Lumpur, Malaysia. These upcoming projects are estimated to have a combined gross development value exceeding RM1 billion within the current financial year, ending on March 31, 2024. With an impressive track record in the industry,...
KUALA LUMPUR, 27 June 2023 – SkyWorld Development Bhd has successfully finished its latest project, The Valley Residences, located in Setiawangsa, Kuala Lumpur. As the tallest residential building constructed by SkyWorld thus far and the tallest in Setiawangsa, The Valley Residences boasts a gross development value of RM761 million and occupies a strategically positioned 4.66-acre land...
KUALA LUMPUR, 25 June 2023 – Radium Development Berhad, a Kuala Lumpur-based property developer, has recently unveiled two new projects in the city: Desa East Residences and Chancery Residences. Desa East Residences, valued at RM1 billion, is situated in Sungai Besi, just 5 kilometers away from Kuala Lumpur's city center. The development consists of two components: Vista Adesa Residensi...
KUALA LUMPUR, 23 June 2023 – In a recent announcement, the Malaysian government revealed a 25% discount on property assessment taxes for affordable housing in Kuala Lumpur. The discount will be applicable to all affordable housing units completed after 2014 and will remain in effect until further notice. Eligible affordable housing types include Rumah Mampu Milik Wilayah Persekutuan (RUMAWIP),...
KUALA LUMPUR, 23 June 2023 – The Malaysian government has unveiled a new program aimed at assisting low- and middle-income families in Kuala Lumpur to purchase affordable housing. To address the high cost of housing in Kuala Lumpur, which is one of the world's most expensive cities to live in, the initiative called Federal Territory Madani Neighbourhood has been introduced. Under the...
PETALING JAYA, 22 June 2023 – In an effort to rejuvenate the Malaysia My Second Home (MM2H) programme, the Malaysian government plans to introduce three categories with varying requirements: Platinum, Gold, and Silver. Each category will have different levels of requirements, with Platinum having the most stringent criteria and Silver being the least stringent. The specific requirements for...