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'Happiness' on paper: The unseen struggles behind Malaysia's housing law overhaul

'Happiness' on paper: The unseen struggles behind Malaysia's housing law overhaul

news

Updated:
  • Malaysia's Housing Minister Nga Kor Ming links national success to citizen happiness.
  • However, proposed property law changes create a gap between this aspiration and lived reality.
  • The withdrawn URA Bill 2025 raised concerns about property rights and homeowner protections.
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AI seen boosting Apac real estate demand, not displacing it — Cushman & Wakefield

AI seen boosting Apac real estate demand, not displacing it — Cushman & Wakefield

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Updated:
  • AI will boost economic growth and real estate demand in Apac, not reduce it.
  • Under the baseline, the study projects 3%-4% annual GDP growth through 2030, driven by AI productivity.
  • For office real estate, Cushman & Wakefield expects AI to transform, rather than disrupt, the market.
E&O introduces AVÉA waterfront residences at Andaman Island, Penang with RM1b GDV

E&O introduces AVÉA waterfront residences at Andaman Island, Penang with RM1b GDV

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Updated:
  • E&O launched AVÉA, a RM1 bil serviced apartment project on Andaman Island.
  • It offers 1,080 fully-furnished units across two towers, with prices from RM724,000.
  • The development emphasises waterfront living and sustainability, with 65% of Tower A already taken up.
Ann Joo unit sells 62.4-acre Gurun industrial plot to Zichen Malaysia for RM119.6 mil

Ann Joo unit sells 62.4-acre Gurun industrial plot to Zichen Malaysia for RM119.6 mil

news

Updated:
  • Ann Joo Resources is selling 62.395 acres in Kedah for RM119.59 mil.
  • The sale is through its subsidiary GHIP and partner Transyear to Zichen Malaysia.
  • Ann Joo expects a RM42.3 mil gain from this land disposal.
Over 1,000 shopping malls to provide recycling facilities by end-2026 — Nga

Over 1,000 shopping malls to provide recycling facilities by end-2026 — Nga

news

Updated:
  • Over 1,000 malls will get recycling facilities by year-end.
  • This Cabinet decision aims to boost solid waste management.
  • It also promotes a circular economy in Malaysia.
Citaglobal completes private placement; Berjaya Corp unit becomes substantial shareholder

Citaglobal completes private placement; Berjaya Corp unit becomes substantial shareholder

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Updated:
  • Citaglobal completed its private placement with new shares listed on Bursa Malaysia.
  • Berjaya Securities became a substantial shareholder, acquiring 8.64% of Citaglobal.
  • This subscription will not materially affect BCorp's financials.
Chin Hin Group Property extends Johor JDA conditional period to December 9

Chin Hin Group Property extends Johor JDA conditional period to December 9

news

Updated:
  • Chin Hin Group Property Bhd extended a joint development agreement.
  • Conditions for the project were not fully met by the deadline.
  • The new conditional period ends on Dec 9, 2026 following the original expiry.
Beyond property listings: building the right relationship with a real estate agent

Beyond property listings: building the right relationship with a real estate agent

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Updated:
  • A real estate director emphasises client-agent relationship quality.
  • Punctuality, rapport, and clear communication are crucial for success.
  • Agents offer more than viewings; use their market knowledge.
Varia signs agreement to jointly develop RM250 mil residential project in Bandar Seri Alam

Varia signs agreement to jointly develop RM250 mil residential project in Bandar Seri Alam

news

Updated:
  • Varia Bhd's subsidiary will co-develop a 645-unit housing project in Johor Bahru.
  • This project has an estimated GDV of RM250 mil.
  • Profits will be shared equally with the landowner, Seri Alam Properties.
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