Malaysia’s proposed Urban Renewal Act (URA) aims to breathe new life into aging and run-down urban areas by making redevelopment easier, more efficient and fairer to both property owners and developers.
Arika@Kubang Kerian comprises 668 fully furnished residential units and 26 commercial shoplots. Featuring more than 45 lifestyle facilities, “the development has received strong market interest and is fast emerging as a new benchmark for urban living in Kelantan”.
Malaysian Resources Corporation Bhd (MRCB) has received a letter of acceptance from Menteri Besar Selangor (MBI Selangor) for the construction and completion of the new Kompleks Sukan Shah Alam (KSSA), valued at RM2.94 billion.
LBS Bina Group Bhd has entered into a Memorandum of Understanding with Oriental Holdings Bhd to collaborating on a mixed-use industrial development project here, with an estimated gross development value exceeding RM7 billion.
Bangsar Heights Pavilion Sdn Bhd’s (BHP) flagship development Quayside JBCC has secured a 100% take-up rate.
Noteworthy:
When: March 2025
EXAL Malaysia has appointed Knight Frank Property Management as the official property management firm for SÓL Estate in Sarawak.
It has a gross development value (GDV) of RM400 million and is expected to be completed in May 2029.
There is a growing awareness among youths today on the opportunities present in real estate investment, where you can either make profits through reselling your property at an appreciated value, or rent it out for recurring passive income.
The Malaysia-based real estate agency Wereg Properties, founded in 2019, reported a 40% revenue increase in 2024, driven by strong growth, strategic expansion and deeper tech integration.
The only property app you need. More than 200,000 sale/rent listings and daily property news.
