As congestion within urban confines drives the search for vertical living, landed homes will soon become an increasingly rare commodity. For industry veteran Datuk Jeffrey Ng Tiong Lip, founder and director of boutique developer Urban Hallmark Properties Sdn Bhd (UHP), this shift signals a new era for landed living in and around Kuala Lumpur, elevating it further up the lifestyle value chain.
Despite witnessing a strong rebound over the past two years, the Malaysian property market continues to vie for firmer footing in a partially-rejuvenated, but still-cautious landscape.
Overall, the semiconductor industry is establishing itself as a vital part of Malaysia’s economy, accounting for about 40% of the country’s E&E exports. Its stability and growth support the overall national economic momentum, which in turn underpins a more resilient property market, particularly the industrial segment.
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