The Real Estate and Housing Developers’ Association (REHDA) Malaysia welcomes the proposal by Minister of Local Government Development (KPKT), Nga Kor Ming to introduce an Act to oversee urban regeneration efforts in the country.
Noteworthy:
When: March 2023
Eco World Development Group Berhad has entered into a conditional sale and purchase agreement with IOI Prima Property Sdn Bhd to acquire 403.78 acres of land located in Mukim Senai, Daerah Kulai, Negeri Johor for a purchase consideration of RM211.065 million to be settled in cash.
Tropicana Metropark has rolled out its SouthPlace 2 Shoppes & Residences at Subang Jaya, an 88-acre master development by Tropicana Corp Bhd, which will also be home to the upscale supermarket Mercato.
S P Setia held its second Setia4Malaysia Unity Run this year in Kota Kinabalu, Sabah on Sunday (Sept 3) as part of the Malaysia Day celebrations and to spread the spirit of unity in East Malaysia.
Noteworthy:
When: June 2023
The minister said the Act is crucial to ensure systematic, well-planned and efficient urban renewal developments that will boost Malaysia’s economy.
Evolve and adapt, or you will stagnate. That is the mantra of Polygon Properties, which has propelled it from a 10-negotiator agency to more than a thousand members today within a mere seven years.
SkyWorld Development Bhd has signed a Memorandum of Understanding (MoU) with the management corporation of its completed SkyLuxe on the Park Residences to provide an enhancement study to upgrade and optimise the development’s existing electric vehicle (EV) charging stations as part of its first Sustainable Community Living programme.
14 out of 25 cities monitored recorded positive annual price growth in H1 2023, with Singapore registering as the top-performing market with 8% YOY growth, according to Knight Frank in its Asia-Pacific Residential Index.
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