News by Chin Wai Lun

While the main focus is on the significant connectivity improvement in the Klang Valley, the MRT 3 is also expected to be a catalyst to property developments around the areas of the MRT stations. 

Datuk Seri Michael Yam has been appointed as the new president of The Chartered Institute of Building (CIOB) for the 2022/2023 term.

S P Setia has revealed that it will be opening a new mall in its Setia EcoHill development in Semenyih. Named Setia EcoHill Mall, it is targeted to be opened on Sept 1.

Homebuyers can own their dream home with lower monthly instalments while enjoying greater cash flow for five years after vacant possession via the campaign. 

The respondents also appear to have a better risk appetite for alternative investments in the next two to three years, Knight Frank said in a statement today. 

“The nature of proptech is such that its solutions are end to end. Functional silos often seen in many real estate companies constrain the end-to-end solutions that proptech has to offer. A single solution may require multiple stakeholders to agree,” said EdgeProp’s Ong.

The achievement marks Desa ParkCity as the first Malaysian entry to be shortlisted and awarded by the ULI APAC Awards for Excellence programme, widely recognised as one of the region’s most prestigious awards in the development community, the developer said in a statement today.

Situated on 4.55 acres of leasehold land in Setapak, SkyAwani 3 Residences comprises 1,905 units housed in three 52-storey towers.  

Situated on a 596-acre site in Genting Highlands, Tropicana WindCity will be anchored by Tropicana Paradise, comprising 308 acres of commercial and residential components as well as a 38-acre integrated entertainment hub with proposed branded serviced residences, five-star international branded hotels, a theme park and a shopping mall.

Hence, the developer is on track to achieve its sales target of RM2 billion for FY2022, it said in a statement highlighting its 2Q2022 results yesterday.