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Malaysia’s subsale home prices rise 4.8% in 1Q

Malaysia’s subsale home prices rise 4.8% in 1Q

news

Updated:
  • Malaysia's average subsale property price rose 4.8% to RM545,059 in 1Q2026.
  • Kuala Lumpur's average price exceeded RM1 mil, up 15% year-on-year.
  • Most transactions were for homes priced at RM500,000 or below.
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Armani Group plans Kazakhstan market entry with TBay and Etagi

Armani Group plans Kazakhstan market entry with TBay and Etagi

news

Updated:
  • Armani Group partners with TBay and Etagi to enter the Kazakhstan market.
  • They will introduce Malaysian luxury properties, starting with Armani Hallson KLCC.
  • This initiative responds to strong interest from Kazakhstan investors in Malaysia's luxury real estate.
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Batu Kawan's unit completes MKH acquisition, gains control

Batu Kawan's unit completes MKH acquisition, gains control

news

Updated:
  • Batu Kawan's Whitmore Holdings increased its stake in MKH Bhd to 50.9%.
  • This makes MKH a subsidiary of Whitmore, following a completed acquisition.
  • Whitmore will now extend mandatory take-over offers for remaining MKH and MKHOP shares.
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AME Elite to build aerospace and medical device facility in Johor's i-TechValley for Hyatech's US$70 mil Southeast Asian expansion

AME Elite to build aerospace and medical device facility in Johor's i-TechValley for Hyatech's US$70 mil Southeast Asian expansion

news

Updated:
  • AME Elite will build a 220,000 sq ft facility for HYA Industry in Johor.
  • This plant will produce aerospace components and medical implants.
  • It supports Hyatech's US$70 mil expansion in Southeast Asia.
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Malaysia needs single umbrella for housing data

Malaysia needs single umbrella for housing data

news

Updated:
  • Malaysia has extensive housing data, but it's fragmented and inconsistent.
  • A National Housing Data Bank is proposed to standardise and connect this information.
  • This framework would improve planning, reduce imbalances, and benefit consumers and developers.
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IHG, KCC Holdings Group sign agreement to open 107-room voco Muar

IHG, KCC Holdings Group sign agreement to open 107-room voco Muar

news

Updated:
  • IHG Hotels & Resorts will open voco Muar, its first hotel in Muar, Johor.
  • This 107-room property is set to open later this year.
  • It will be the second voco hotel in Malaysia.
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IJM Land, Amona Group launch RM389m Enlace Suites II in Pantai Sentral Park

IJM Land, Amona Group launch RM389m Enlace Suites II in Pantai Sentral Park

news

Updated:
  • IJM Land launched Enlace Suites II in Kuala Lumpur.
  • This 38-story project offers 290 units, priced from RM624,000.
  • It targets completion by 2029, building on strong demand for Enlace Suites I.
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No increase in Negeri Sembilan residential assessment tax for five years — MB

No increase in Negeri Sembilan residential assessment tax for five years — MB

news

Updated:
  • Negeri Sembilan will not raise residential assessment tax for five years.
  • This decision aims to ease the burden on residents.
  • The state assembly will convene on Aug 18 for key appointments.
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Govt launches National Housing Policy 2026–2035, targets one million affordable homes by 2035

Govt launches National Housing Policy 2026–2035, targets one million affordable homes by 2035

news

Updated:
  • The National Housing Policy 2026-2035 was launched today, targeting one million affordable homes.
  • It aims to reduce housing oversupply and boost affordability through data and new financing.
  • The policy is designed to address key challenges facing the housing sector.
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EcoWorld breaks ground on Chinese primary school in Puncak Alam, targets 2028 opening

EcoWorld breaks ground on Chinese primary school in Puncak Alam, targets 2028 opening

news

Updated:
  • EcoWorld broke ground on SJK(C) Eco Grandeur, a new Chinese primary school in Puncak Alam.
  • The school will have 24 classrooms and a 960-student capacity, opening by third quarter of 2028.
  • It features a unique continuous ramp system and sustainable design elements.
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Malaysia’s subsale home prices rise 4.8% in 1Q