Penang Development Corp (PDC) has called for a request for proposal (RFP) from experienced companies to co-develop the Batu Kawan Industrial Park 2 (BKIP2), following the termination of the controversial joint development agreement (JDA) with Umech Land Sdn Bhd in October last year.

The National House Buyers Association (HBA) has time and again reminded the housing minister and those under the ministry’s charge on the need to rein in the conduct of those so-called court-appointed officers, namely liquidators.

Noteworthy:

• Built-up size: 2,416 sq ft
• Freehold
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Bukit Bintang MRT Station, KL Monorail stations (Raja Chulan, Imbi, Hang Tuah), shopping malls, F&B outlets, Taman Eko-Rimba KL (TERKL), Stadium Negara, Tung Shin Hospital, KLCC Park, various cultural/tourist attractions
• Accessibility: AKLEH, MRR2, Federal Route 1, MEX, SMART Tunnel, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, Jalan Raja Chulan

When: September 2023

Noteworthy:

• Built-up size: 76,000 sq ft
• 10 bedrooms, 5 bathrooms
• Unfurnished
• Nearby amenities: Shops, factories, Setia Alam Wetland, residential areas, Shah Alam Community Forest trail
• Accessibility: West Coast Expressway, NKVE, Setia Alam Highway, Jalan Perindustrian Kapar-Meru

When: September 2023

With an increasing demand for international schools offering primary and secondary education, we take a look at the link between international schools and residential property values. 

Housing and Local Government Minister Nga Kor Ming said today that the proposal to nominate Chinese New Villages in Selangor as Unesco World Heritage sites is not intended to adopt a zero-sum game approach.

YTL Hospitality REIT (YTL REIT) is acquiring Syeun Hotel in Ipoh, Perak, for RM55 million cash, as it looks to continuously acquire and invest in high-quality hospitality properties in Malaysia and internationally, with a view to providing long-term and sustainable income distribution to unitholders and achieving long-term growth in net asset value per unit.

Noteworthy:

• Built-up size: 4,200 sq ft
• Land size: 6,000 sq ft
• Freehold
• 7 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Ara Damansara LRT station, Saujana Golf & Country Club, CITTA Mall, Paradigm Mall
• Accessibility: Federal Highway, DASH, NSE, Subang-Kelana Jaya Link, Sungai Buloh Highway, KESAS

When: October 2023

Noteworthy:

• Built-up size: 4,000 sq ft
• Land size: 8,761 sq ft
• Freehold
• Unfurnished
• Nearby amenities: MRT Semantan, MRT Pusat Bandar Damansara, Pavilion Bukit Damansara, DC Mall, Help University, schools, F&B outlets, shops, Pusat Sains Negara
• Accessibility: SPRINT - Damansara and Kerinchi Link, Jalan Tuanku Abdul Halim, Lebuhraya Sultan Iskandar

When: October 2023

This represents an increase of RM0.24 billion, compared to the original allocation for 2023.