“A comprehensive study covering legal, technical, and financial aspects is being conducted to ensure such initiatives can benefit the public without imposing additional fiscal strain on the government.”

The Ministry of Housing and Local Government (KPKT) has undertaken price mapping of affordable homes based on median income levels by state and district, using data from the 2022 Household Income and Basic Amenities Survey Report.

SS15 Subang Jaya, once almost synonymous with shisha cafes, bubble tea queues, and a buzzing student crowd, is quietly building a reputation for something else—sustained growth in property values across the board.

Figures on gross domestic product (GDP) provide a snapshot of the overall economic activity within a country by aggregating the value of all final goods and services produced.

The Ministry of Housing and Local Government (KPKT) has assured that the national housing data prepared and reported is accurate.

The call comes after the PAC urged the government to overhaul Kuala Lumpur’s land development system, citing serious issues including unchecked approvals, ignored public objections, and the sale of public land below market value.

Peninsular Malaysia’s electricity tariffs will see a fuel rebate of 1.45 sen/kWh in August, Parliament heard, while Tenaga Nasional Bhd (KL:TENAGA) also projected bigger rebates in September-November due to lower-than-projected fuel costs.

The Malaysia Shopping Malls Association (PPK Malaysia), which represents shopping mall operators nationwide, has renewed its call to the government to address escalating operational costs and the expansion of the sales and service tax (SST) in the upcoming Budget 2026.

Eco World Development Group Bhd (EcoWorld) unveiled its first 19 tenants at Majestic Labs, a new community and retail hub at its flagship township, Eco Majestic.

Kuala Lumpur, a vibrant metropolis and economic powerhouse, has historically been a magnet for businesses and investors. However, the past few years have seen the market go through some major shifts beginning with the Covid-19 pandemic in 2020.