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Malaysia Property Sector Poised for Growth in 1Q25 Despite Near-Term Headwinds, Say Analysts

"Malaysia’s property sector forecasted to grow in 1Q25, with high-end residential and industrial land sales driving earnings. Analysts highlight data centre deals, new launches, and steady demand." Kuala Lumpur, 21th Apr 2025, 11.55am - Malaysia’s property sector is expected to maintain steady momentum in the first quarter of 2025 (1Q25), supported by firm earnings from the previous quarter and...

Chin Hin and Fiamma to Launch RM1.03 Billion Mixed-Use Development Near KLCC

"Chin Hin and Fiamma to develop RM1.03 billion KLCC 2 Residence project near Suria KLCC, featuring 924 serviced apartments and retail units. Project slated to start in 2025." Kuala Lumpur, 18th Apr 2025, 01.13pm - Chin Hin Group Property Bhd is joining forces with Fiamma Holdings Bhd to develop a landmark RM1.03 billion mixed-use project near the iconic Kuala Lumpur City Centre (KLCC), marking a...

SkyWorld Buys Prime Mont’Kiara Land for RM110 Million, Eyes High-End Residential Launch

"SkyWorld Development acquires a 3-acre freehold plot in Mont’Kiara for RM110 million, marking its entry into the high-end residential segment and expanding its Klang Valley land bank." Kuala Lumpur, 17th Apr 2025, 02.13pm - SkyWorld Development Bhd has announced a major move into the luxury residential segment with the acquisition of a 3.032-acre freehold parcel in Mont’Kiara for RM110 million —...

Selangor Denies Claims of Relocating Gas Pipeline Fire Victims to Remote Areas

"Selangor government denies claims of relocating gas pipeline fire victims to remote areas, confirming victims can choose from 100 new temporary rental units under the SMART Sewa scheme." Selangor, 16th Apr 2025, 02.13pm - The Selangor state government has dismissed allegations that victims of the Putra Heights gas pipeline fire were relocated to remote areas, stressing that all temporary rental homes...

Malaysia Ranks 4th Globally Among Chinese Ultra-Wealthy Property Buyers in 2024

"Malaysia ranks 4th among Chinese ultra-wealthy homebuyers seeking luxury properties in 2024, driven by affordable prices, MM2H visa perks, and rising tourism and education links." Kuala Lumpur, 15th Apr 2025, 11.55am - Malaysia has soared into the global luxury real estate spotlight, ranking 4th among the most-enquired destinations by Chinese high-net-worth individuals (HNWIs) seeking luxury homes...

Malaysia’s Property Market to See Moderate Growth in 2025 Amid Global Uncertainties, Says Affin Hwang Research

"Affin Hwang Research forecasts RM21.5 billion in property sales for Malaysia in 2025, citing industrial demand, policy support, and infrastructure projects amid global economic uncertainty." Kuala Lumpur, 14th Apr 2025, 11.20am - Malaysia’s property market is projected to record moderate growth in 2025, with total sales expected to hit RM21.5 billion, according to Affin Hwang Investment Bank...

Sabah Pan Borneo Highway Phase 1 on Track for Completion by 2029, Says Tun Musa Aman

"Sabah’s Pan Borneo Highway Phase 1 to be completed by 2029, with major infrastructure upgrades, water supply projects, and renewable energy plans in motion, says Tun Musa Aman." Sabah, 11th Apr 2025, 01.30pm - The first phase of the Sabah Pan Borneo Highway, spanning 706km, is expected to reach full completion by 2029, reaffirmed Yang Dipertua Negeri of Sabah Tun Musa Aman during the opening of the...

WCT Shareholders Greenlight Paradigm REIT Listing, RM2.44 Billion Asset Injection Approved

"WCT shareholders approve Paradigm REIT listing and RM2.44b retail asset transfer. IPO includes retail and institutional offerings; REIT targets Bursa debut." Kuala Lumpur, 10th Apr 2025, 01.00pm - WCT Holdings Bhd has received shareholder approval to proceed with the listing of its Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia, a strategic move aimed at...

Penang Government Urges Residents to Vacate Land for PIL 2A Project by April 15

"Penang sets April 15 deadline for landowners to vacate sites for PIL 2A highway project. RM24.27m in compensation paid; legal appeals ongoing." Penang, 09th Apr 2025, 12.18pm - The Penang state government has reaffirmed that land acquisitions under Phase 1 of the Pan Island Link 2A (PIL 2A) project are being carried out in full compliance with the Land Acquisition Act 1960, urging all affected parties...

Nga Kor Ming to Meet PM Anwar on Aid Plan for Putra Heights Explosion Victims

"Minister Nga Kor Ming to meet PM Anwar to finalize aid plan for Putra Heights explosion victims. 219 homes damaged; 38 still hospitalized." Kuala Lumpur, 08th Apr 2025, 09.50am - Housing and Local Government Minister Nga Kor Ming will meet Prime Minister Datuk Seri Anwar Ibrahim on Monday to finalize a coordinated aid strategy for victims of the devastating gas pipeline explosion and fire in Putra...

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