News by The Edge Malaysia

Six months into the job, Kuala Lumpur’s not-so-new mayor Datuk Seri Maimunah Mohd Sharif would have settled into the hot seat, leading a city that is a proxy for Malaysia.

Iconic Penang Sdn Bhd (Iconic Group) has soft launched Iconic Marjorie Hotel, a Marriott International Tribute Portfolio Hotel brand, in Sungai Nibong, Bayan Lepas on Dec 28, 2024. It was developed at a cost of RM180 million and is the first hotel in Penang with the Green Building Index (GBI) rating.

So, you can’t wait to take vacant possession of your new home. If this is your first home purchase and your investment has been greatly influenced by the developer’s elaborately dressed show unit, brace yourself for the stark reality of owning a bare unit.

Malaysia’s property transaction values hit RM105 billion in the first half of this year from almost 199,000 transactions, making these the highest transaction values and volume in the last five years.

Elon Musk is hot news. When rumours surfaced that he had unveiled a US$15,000 sustainable Tesla home, of course, the news went viral. Netizens quickly dubbed it “the home of tomorrow”.

Would you buy property in 2024? If so, where, when and in what should you invest your money?

More and more developers are assessing the quality of their newly completed buildings on a voluntary basis. This is done via Qlassic, the quality assessment system for building construction works developed by the Construction Industry Development Board (CIDB).

It’s that time of the year again. Like clockwork, industry players are parading their respective wish lists in the run-up to the tabling of Budget 2024 later this week.

In May this year, Local Government Development (KPKT) Minister Nga Kor Ming assured Malaysians there would be no more PR1MA Corporation Malaysia (PR1MA) sick projects come 2024. This is good news for affected buyers who are still waiting for their dream homes.

In the renewal process, economic opportunities and activities are also generated.