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DOSM: 71,101 holiday homes generated RM2.2 bil revenue in 2025

DOSM: 71,101 holiday homes generated RM2.2 bil revenue in 2025

news

Updated:
  • In 2025, 71,101 holiday homes in Malaysia generated RM2.2 bil in revenue.
  • This growth shows rising demand for alternative lodging and tourism.
  • Selangor, KL, and Johor lead in holiday home numbers.
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Chin Hin Group Property to buy Golden Triangle freehold land for RM455 mil

Chin Hin Group Property to buy Golden Triangle freehold land for RM455 mil

news

Updated:
  • Chin Hin Group Property Bhd plans to acquire a prime Kuala Lumpur site for RM455 mil.
  • This significant purchase requires shareholder approval due to its high percentage ratio.
  • The land will host a mixed-use development with an estimated RM3.6 bil GDV.
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Muda wants tighter rein over data centres as it seeks relevance in Johor polls

Muda wants tighter rein over data centres as it seeks relevance in Johor polls

news

Updated:
  • Muda is now focusing on local issues in Johor.
  • They are concerned about rapid data centre development and urban flash floods.
  • Muda aims to be a check and balance, even as a smaller party.
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Second wave of data centre boom is here, says Kenanga, as infrastructure projects slow

Second wave of data centre boom is here, says Kenanga, as infrastructure projects slow

news

Updated:
  • Malaysia is experiencing a second wave of data centre growth.
  • New mega-campuses are planned, with four projects expected by 2026.
  • This sector is a key growth driver for the construction industry.
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COMPASS IP sells 36-acre plot at the COMPASS @ KSL Industrial Park

COMPASS IP sells 36-acre plot at the COMPASS @ KSL Industrial Park

news

Updated:
  • COMPASS IP sold a 36-acre plot at COMPASS @ KSL Industrial Park.
  • This sale officially marks the 220-acre industrial park's full take-up.
  • A data centre consortium will build a 300 MVA facility there.
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Cagamas launches another reverse mortgage scheme, this time targeting senior homeowners

Cagamas launches another reverse mortgage scheme, this time targeting senior homeowners

news

Updated:
  • Cagamas Bhd launched a new reverse mortgage scheme, SSBT.
  • It targets homeowners aged 60-70 in the Klang Valley.
  • This scheme converts home equity into income, aiding financial resilience.
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SÓL Estate partners with over 10 operators for Sarawak’s first landed residential wellness hub

SÓL Estate partners with over 10 operators for Sarawak’s first landed residential wellness hub

news

Updated:
  • SÓL Estate partners with over 10 businesses for Sarawak's first Lifestyle & Wellness Hub.
  • This hub integrates healthcare, fitness, education, retail, and dining experiences.
  • It aims to be a "Third Place" to maintain multi-generational connections.
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Zahid moots return of a portion of FGV-managed land to Felda

Zahid moots return of a portion of FGV-managed land to Felda

news

Updated:
  • Deputy PM Zahid proposed FGV return a portion of land to Felda.
  • This aims to strengthen Felda's finances and help settlers.
  • The government spends nearly RM1 bil yearly to aid Felda.
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Govt mulling law amendment to allow multiple homes on Felda lots — Anwar

Govt mulling law amendment to allow multiple homes on Felda lots — Anwar

news

Updated:
  • The government plans to amend the Land Act 1960 for Felda settlers.
  • This will allow multiple houses on single residential lots.
  • Draft amendments are due in two months for Cabinet review.
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DBKL to acquire land to resolve Taman Datuk Senu access road issue

DBKL to acquire land to resolve Taman Datuk Senu access road issue

news

Updated:
  • DBKL is acquiring private land for a public road in Sentul.
  • The road was built on private land without prior acquisition.
  • DBKL expects resolution within three to four months.
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DOSM: 71,101 holiday homes generated RM2.2 bil revenue in 2025