"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...
"TFST revives 371 housing projects from January to September, totaling RM44.59 billion GDV. Ministry considers extending key appointments to accelerate recovery of 113 abandoned projects." Kuala Lumpur, 28th Oct 2024, 02.21pm - Between January and September, the Task Force on Sick and Abandoned Private Housing Projects (TFST) successfully revived 371 projects, covering 46,139 housing units with a total...
"DBKL receives RM10 million from Budget 2025 for underground utility mapping in Kuala Lumpur's Golden Triangle to prevent sinkholes and identify buried infrastructure." Kuala Lumpur, 21th Oct 2024, 10.53am - Kuala Lumpur City Hall (DBKL) will use the RM10 million allocated in Budget 2025 to conduct an underground utility mapping study in the city's golden triangle, according to Mayor Datuk Seri Dr....
"KPKT invites state governments to propose prime land for the People's Residence Programme, with plans to fund developments while retaining state land ownership." Melaka, 18th Oct 2024, 02.28pm - State governments with land in prime locations suitable for the People's Residence Programme (PRR) can propose these lands to the Housing and Local Government Ministry (KPKT). According to KPKT deputy...
