"Malaysia’s property developers forecast strong 3Q24 earnings, driven by robust sales, key launches, and growth in Johor projects. Learn more." Kuala Lumpur, 12th Nov 2024, 10.30am - Property developers are anticipated to report strong earnings in the third quarter of 2024 (3Q24), buoyed by robust sales and strategic project launches during the period. RHB Investment Bank analyst Loong Kok Wen...
"AFZ Realty expands its presence in small towns across Malaysia, focusing on affordable housing and providing accessible real estate services nationwide." Kuala Lumpur, 11th Nov 2024, 11.00am - While many real estate agencies focus on major urban centers like the Klang Valley and Johor Bahru, AFZ Realty Sdn Bhd is taking a different approach. The company, founded in 2018, is targeting not just...
"Malaysia boosts funding for affordable housing under the rebranded PPRS program and explores rural development initiatives, says Deputy Prime Minister Zahid Hamidi." Malacca, 08th Nov 2024, 2.35pm - The Malaysian government has increased funding for the construction of new homes under the rebranded Program Perumahan Rakyat Sejahtera (PPRS), previously known as the Poor Housing Programme (PPRT),...
"Bank Negara Malaysia keeps key interest rate at 3%, with economists expecting no rate change through 2025 due to stable growth and inflation." Kuala Lumpur, 07th Nov 2024, 2.21pm - Bank Negara Malaysia (BNM) has decided to maintain its overnight policy rate (OPR) at 3% following the Monetary Policy Committee’s (MPC) final meeting of the year, marking 18 months of consistent rates. Economists...
"At the World Urban Forum, Malaysia's Housing Minister urges global 4P partnerships for sustainable cities and ESG-driven investments." Kuala Lumpur, 06th Nov 2024, 04.13pm - In a powerful call for international collaboration, Housing and Local Government Minister Nga Kor Ming urged global stakeholders to embrace people-public-private (4P) partnerships for creating sustainable cities and communities....
"Nara at Shorea Park offers 709 affordable, eco-certified units with lifestyle amenities. Following high demand for earlier phases, Mira and Anya, Nara continues the trend." Kuala Lumpur, 05th Nov 2024, 11.00am - OSK Property Holdings Bhd, the property division of OSK Holdings Bhd, has launched a serviced apartment project called Nara within its 27.77-acre Shorea Park master plan in Puchong, as stated...
"Parkwood Holdings plans to launch a modern landed residential community on newly acquired land in Rawang by Q3 2026, blending urban convenience with serene living." Kuala Lumpur, 04th Nov 2024, 11.00am - Parkwood Holdings Bhd, through its fully owned subsidiary Parkwood Templers Sdn Bhd, has purchased five freehold land parcels in Rawang, spanning 32.3 acres (13.1ha), for RM30.9 million. In a...
"Tropicana Corp launches Lido Waterfront Boulevard with Skypark Kepler residences, featuring eco-friendly designs, smart home tech, and lifestyle perks for Johor's vibrant new metropolis." Johor, 01st Nov 2024, 02.27pm - On Oct 30, Tropicana Corp Bhd launched its 163-acre Lido Waterfront Boulevard in Johor with an official groundbreaking ceremony alongside its main contractor, China Construction Second...
"IJM Land's CEO Datuk Wong Tuck Wai to retire after 28 months; COO Tony Ling to take over as CEO effective Nov 1, 2024." Kuala Lumpur, 30th Oct 2024, 02.27pm - IJM Land Bhd's CEO, Datuk Wong Tuck Wai, will be retiring after serving 28 months at the property division of IJM Corp Bhd, according to an internal memo. The announcement, shared with employees via email on Tuesday (Oct 29), confirmed that...
"Housing developers in Malaysia are urged to install rooftop solar panels, aiding the nation's net-zero emissions goal and enhancing energy efficiency for homeowners." Kuala Lumpur, 29th Oct 2024, 10.08am - Housing developers are being encouraged to include rooftop solar panels in new projects, supporting Malaysia’s goal to reach net-zero greenhouse gas emissions by 2050, as outlined in the National...
