Rental scam victims disappointed with inaction by authorities

Rental scam victims disappointed with inaction by authorities

news

Updated:
  • Rental scams in Malaysia have surged over 400% from 2023 to 2025, targeting students and foreigners.
  • Victims report little action from authorities, with many losing significant amounts to fraudulent agents.
  • Renters should verify property legitimacy, avoid upfront payments, and ensure proper documentation.
Read More
UMC signs 60-year lease with PDC for RM11.4 mil Batu Kawan industrial site

UMC signs 60-year lease with PDC for RM11.4 mil Batu Kawan industrial site

news

Updated:
  • UMediC Group Bhd has signed a 60-year lease for a 3.06-acre site in Batu Kawan Industrial Park.
  • The RM11.4 million investment will fund a new manufacturing facility to boost production capabilities.
  • This expansion aims to enhance operational efficiency and support long-term growth plans.
Read More
MTAG to buy 7.5ha land in Johor Bahru for RM53.6 mil to expand industrial footprint

MTAG to buy 7.5ha land in Johor Bahru for RM53.6 mil to expand industrial footprint

news

Updated:
  • MTAG Group Bhd plans to acquire 7.54 hectares of land in Johor Bahru for RM53.58 million.
  • The land will enhance manufacturing capabilities, with part for future development or rental.
  • Approval for zoning conversion to industrial use is crucial for the group's expansion plans.
Read More
SDS Group to buy Johor Bahru land for RM102 mil to build new factory

SDS Group to buy Johor Bahru land for RM102 mil to build new factory

news

Updated:
  • SDS Group Bhd is purchasing 14.3 hectares of land in Johor Bahru for RM101.7 million.
  • The acquisition is pending shareholder approval and aims to enhance manufacturing capabilities.
  • The property is directly opposite its existing operational facilities.
Read More
EcoFirst to acquire two Penang land parcels for RM45 mil

EcoFirst to acquire two Penang land parcels for RM45 mil

news

Updated:
  • EcoFirst Consolidated Bhd is acquiring two land parcels in Penang for RM45 million to diversify earnings.
  • The Bolden Land and Collins Land will be developed into residential projects valued at RM563 million.
  • Funding will come from internal funds and bank borrowings, with development starting in late 2026 and 2027.
Read More
NRES: Malay reserve land area in peninsula increases to 4.95 mil hectares in 2024

NRES: Malay reserve land area in peninsula increases to 4.95 mil hectares in 2024

news

Updated:
  • The total area of Malay reserve land in Peninsular Malaysia rose to 4.95 million hectares in 2024.
  • Kelantan has the largest MRL area at 1.36 million hectares, followed by Perak and Kedah.
  • The management of MRL is protected by legal frameworks, including Article 89 of the Federal Constitution.
Read More
Malaysia and Singapore reaffirm economic commitment, set path for JS-SEZ launch

Malaysia and Singapore reaffirm economic commitment, set path for JS-SEZ launch

news

Updated:
  • Malaysia and Singapore are committed to enhancing economic cooperation via the Johor–Singapore partnership.
  • The JS-SEZ will leverage Johor's resources and Singapore's technology to attract investments and create jobs.
  • A final governance structure for the Johor-Singapore Cooperation Ministerial Committee will be presented soon.
Read More
Higher loans, longer tenures contributing to housing unaffordability—experts

Higher loans, longer tenures contributing to housing unaffordability—experts

news

Updated:
  • Extended mortgage tenures and higher loan-to-value ratios have inflated house prices.
  • Housing affordability remains a critical issue, especially for lower-income households.
  • Policy refinements and better-targeted housing supply are essential to address these challenges.
Read More
Johor emerges as Malaysia’s second-largest residential market—JLL Malaysia

Johor emerges as Malaysia’s second-largest residential market—JLL Malaysia

news

Updated:
  • Johor has become Malaysia's second-largest residential market in 2025 with 10,500 transactions.
  • Industrial land prices in Johor are rising, with average prices reaching RM86 psf in 2025.
  • Nusajaya is emerging as a prime data centre hub, but faces challenges in infrastructure upgrades.
Read More
18MPS: Industrial demand outpaces supply in JS-SEZ—Knight Frank

18MPS: Industrial demand outpaces supply in JS-SEZ—Knight Frank

news

Updated:
  • Developers in the Johor–Singapore Special Economic Zone are failing to meet industrial demand.
  • Infrastructure like power, water, and roads is crucial for manufacturing growth in the region.
  • Investors seek tailored solutions and strong support from developers to ensure project viability and success.
Read More
Bites
Rental scam victims disappointed with inaction by authorities