News by Hannah Rafee

"Sunway Hotel Big Box is the group’s first hotel in southern [Peninsular] Malaysia and it aims to be a new haven of nature and adventure."

“This project spans 11 sq km. Located at the northeast end of Kuala Lumpur, this project will promote the use of public transportation and electric vehicles,” he said.

MIEA plans to engage further with stakeholders to stimulate the market

Knight Frank Malaysia international residential project marketing associate director Dominic Heaton-Watson: Far from underperforming their national housing markets, as many expected a year ago, cities are now outpacing them.

The six professional bodies are the Royal Institution of Surveyors Malaysia (RISM), the (PEPS), the Malaysian Institute of Property & Facility Managers (MIPFM), the Malaysian Institute of Professional Estate Agents & Consultants (MIPEAC), the Business Valuers Association of Malaysia (BVAM) and the Persatuan Perunding Hartanah Muslim Malaysia (PEHAM).

The acquisition is in line with Savills plans to expand its industrial and logistics business. 

Block C will comprise 393 lakefront condominium units. The freehold units will have built-ups from 840 to 1,246 sq ft with prices starting from RM570,000. Due to be completed by the second quarter of 2025 (2Q25), the units will have a dual key concept that is designed for multi-generational living and additional rental yield.  

Set to be launched on April 24, Hevea Phase 2 in the City of Elmina, Shah Alam has a gross development value (GDV) of RM114 million, and will comprise 68 semi-detached houses and a bungalow unit. Sprawled on a 10.61-acre tract, the units will have built-ups from 3,130 sq ft and prices starting from RM1,884,888.

The participating properties include the completed Paisley Serviced Residences, and the newly launched Residences (South) within Tropicana Metropark, a freehold 88-acre master plan in Subang Jaya with a direct link to the Federal Highway complemented by a 9.2-acre Urban Park and the GEMS International School.

Platinum Victory executive director Gan Yee Hin: The market for new home ownership, especially among millennials, young families and new house buyers, continues to grow steadily and drive demand for affordable housing here.