Bank Negara Malaysia (BNM) on Thursday kept the benchmark interest rate unchanged, as widely expected, amid its outlook for sustained economic growth and manageable inflation.

Noteworthy:

• Freehold
• Built-up size: 1,236 sq ft
• Floor level: High
• Semi-furnished
• 2 bedrooms, 2 bathrooms
• Nearby amenities: Sunway 163 Mall, 1 Mont Kiara, Plaza Mont’Kiara, Mont’Kiara International School, Garden International School, KLGCC
• Accessibility: SPRINT Kerinichi and Penchala Links, NKVE, DUKE, North-South Expressway, Jalan Duta-Sungai Buloh Highway

When: November 2024

Malaysia’s commercial real estate (CRE) market saw a strong recovery in 2024, in line with the global resurgence in property investment.

Noteworthy:

• Freehold
• Built-up size: 8,000 sq ft
• Land size: 11,434 sq ft
• Unfurnished
• 8 bedrooms, 5 bathrooms
• Nearby amenities: Taman Tasik Titiwangsa, National Art Gallery, Kuala Lumpur Hospital, MRT Titiwangsa, UTM Kuala Lumpur
• Accessibility: DUKE, AKLEH, Jalan Tun Razak, SPE, MRR2, Lebuhraya Sultan Iskandar

When: January 2025

Find out the y-o-y median transacted price movements of four of PJ’s most popular locales as of Oct 31, 2024 — based on EdgeProp Research and EPIQ platform.

Malaysia’s economic resilience and progress depend on inclusive financing access, something that is easily overlooked by those working in the formal sector, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

The Sultan of Perak, Sultan Nazrin Shah, on Thursday granted an audience to Housing and Local Government Minister Nga Kor Ming at Istana Perak Changkat.

The Urban Renewal Act (URA) is set to be presented in Parliament next month. Among its contentious proposals is an 80% consent threshold for properties of 30 years old and a 75% threshold for properties over 30 years old. This means that a property could be compulsorily redeveloped even if 20% or 25% of owners oppose it.

Noteworthy:

• Freehold
• Built-up size: 1,103 sq ft
• Floor level: Low
• Fully furnished
• 2 bedrooms, 2 bathrooms
• Nearby amenities: Sunway 163 Mall, 1 Mont Kiara, Plaza Mont’Kiara, Mont Kiara International School, Garden International School, KLGCC
• Accessibility: SPRINT Kerinichi and Penchala Links, NKVE, DUKE, North-South Expressway, Jalan Duta-Sungai Buloh Highway

When: January 2025

Homebuyers searching for properties in the Federal Territory of Kuala Lumpur (KL FT) can look forward to a robust supply of affordable high-rises between 2025 and 2028, especially in the northern regions of the city.