News by Chin Wai Lun

Nawawi Tie Leung Property Consultants Sdn Bhd announced the official opening of its new office at Menara JLand in Johor Bahru on Thursday to reinforce its position as a leading real estate consultancy in Southeast Asia, and to enhance its ability to facilitate cross-border investments and deliver comprehensive solutions to clients in Malaysia and Singapore.

The journey towards sustainable construction may be riddled with challenges, but with the sharing of knowledge and best practices at events such as The Edge Malaysia and YTL Cement's Sustainable Construction: The Next Level Symposium that was held on Wednesday at JW Marriott Hotel Kuala Lumpur, industry players can come together and look at how they can overcome such challenges and drive innovation.

Majestic Gen Sdn Bhd (formerly known as Majestic Builders of the Majestic Group) conducted a topping-out ceremony for Majestic Residence last Friday.

Gamuda Land Bhd, the property arm of Gamuda Bhd (KL:GAMUDA), has unveiled a new home typology called the Park Homes — a first of its kind in Malaysia.

The certification criteria include the thermal performance of the building envelope, natural and mechanical ventilation, application of renewable energy, and other energy-efficient practices and features. 

Real estate industry experts highlighted that the need for old building refurbishment and modernisation is dire, as about two-thirds of Malaysia’s existing old buildings that no longer meet current building codes, energy efficiency, and safety regulations, will still be used until 2050.

Kedah, particularly in Kulim, has witnessed the highest influx of foreign investments for the manufacturing sub-sector in the country in the first quarter of this year (1Q2024), according to Knight Frank Malaysia executive director of land and industrial solutions Allan Sim.

The Petronas Twin Towers was also the recipient of the Editor’s Choice Awards for Timeless Excellence.

Chin Hin Group Property Bhd (KL:CHGP) unveiled its first development in Penang called Crown Penang on Saturday.

The six key tenants are Mercato (anchor tenant), Anytime Fitness, Health Lane Family Pharmacy, myNEWS (KL:MYNEWS), Swimology and Hattitude Salon.