News by Edgeprop.my

Malaysia’s property market saw an overall increase of 14% in transaction value to almost RM163 million and 6% in transaction volume to 311,211 units in the first nine months of 2024, in comparison to the same period in 2023.

The skills gap within the property industry is becoming critical as AI-powered searches shake up the industry in the coming years.

Noteworthy:

• Freehold
• Built-up size: 1,948 sq ft
• Floor level: high
• 4 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Tropicana Golf & Country Resort, LRT Lembah Subang, Subang SkyPark, Thomson Hospital Kota Damansara, Asia Pacific Schools, Tropicana Gardens Mall
• Accessibility: NKVE, Jalan Lapangan Terbang Subang, DASH, LDP, SPRINT Damansara Link

When: December 2024

Gamuda Land’s leisure and hospitality arm, GL Play, began a new year of fun and prosperity with the Bloom Boom Pow campaign, recently held at Gamuda Luge Gardens here.

Noteworthy:

• Leasehold
• Built-up size: 5,688 sq ft
• 6 bedrooms, 7 bathrooms
• Semi-furnished
• Nearby amenities: Pavilion Bukit Jalil, Alice Smith School, Taman Puncak Jalil Recreation Park, Taylor’s University Lakeside Campus, National Stadium Bukit Jalil
• Accessibility: Lebuhraya Bukit Jalil, KESAS, MEX, LDP, Sungai Besi Expressway, SUKE

When: August 2024

Bank Negara Malaysia (BNM) will most likely maintain the overnight policy rate (OPR) at 3% this year, and this stable and relatively low interest rate environment will free up capital for people to borrow, especially for things like property, said an economist at the CEO Series 2025 Economy & Business Forum.

SkyWorld Development Bhd is making “strategic entry” into the prefabricated manufacturing sector via a shareholders’ agreement with Singapore-based Teambuild Holding (S) Pte Ltd.

The city recently welcomed another addition to its commercial skyline, The MET Corporate Towers (The MET) developed by Triterra.

Tropicana Uplands hosted a grand launch event for Fraser Heights phase 1 comprising of 223 units of 2-storey terrace homes with a land size of 18 ft by 65 ft (Type A).

NEON at Battersea, the first-ever purpose-built entertainment and cultural exhibition space in Central London, located next to the iconic Battersea Power Station on Circus Road East is set to open its doors in Spring 2025.