Property transfers must be reported within 60 days for tax purposes, says IRB
Transactions such as sale and purchase, transfer of rights, transfer of ownership and assignment of property, must be reported through the MyTax portal.
Editor's Pick
Supply-demand analysis of housing market performance shows disconnect between headline data and real-life experience
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.
Segamat earthquake: 15 buildings suffered minor damages; repairs estimated at RM0.5 million, says deputy minister
Fifteen government buildings have been identified as having suffered minor damages, with an estimated repair cost of RM550,500, following the weak earthquakes that hit the district from Aug 24 to 30.
Pangsapuri Danaumas, Selangor condo unit sold for RM320k | DONE DEAL
Noteworthy:
- Leasehold
- Built-up size: 850 sq ft
- Floor Location: Mid
- 3 bedrooms, 2 bathrooms
- Unfurnished
- Nearby amenities: Central I-City, I-City, Maz International School, Universiti Teknologi MARA, KPJ Klang Specialist Hospital, Taman Tasik Seksyen 7
- Accessibility: Federal Highway, Keses, DASH, NKVE, Jalan Platinum
When: April 2025
News report of 100,000 housing units unsold ‘inaccurate’, Napic’s housing data must be understood, says KPKT
The Ministry of Housing and Local Government (KPKT) has assured that the national housing data prepared and reported is accurate.
Bank Negara Malaysia maintains overnight policy rate at 2.75%
Malaysia’s central bank on Thursday kept the benchmark interest rate unchanged as widely expected while flagging uncertainties in growth outlook from lingering external risks.
Damansara Heights’ property values—since the opening of Pavilion 3
Damansara Heights, one of Kuala Lumpur’s most established and affluent residential enclaves, is well known for its landed homes, which make up 473.16 acres or 90.80% of the area.
Park Place @ ParkCity, Kuala Lumpur condo unit sold for RM2.58m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 1,755 sq ft
- Floor Location: Mid
- 3 bedrooms, 4 bathrooms
- Semi-furnished
- Nearby amenities: The Waterfront, Plaza Arkadia, ParkCity Medical Centre, The International School @ ParkCity
- Accessibility: LDP, MRR2, DUKE, SPRINT Expressway, Penchala Link
When: May 2025
Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.6m | DONE DEAL
Noteworthy:
- Freehold
- Built-up size: 4,945 sq ft
- Floor Location: High
- 5 bedrooms, 7 bathrooms
- Semi-furnished
- Nearby amenities: Bangsar Shopping Centre, Universiti Malaya, Sime Darby Convention Centre, Kuala Lumpur Golf and Country Club, Pantai Hospital
- Accessibility: SPRINT–Damansara and Penchala Links, Federal Highway, Jalan Ara, Jln Profesor Diraja Ungku Aziz
When: April 2025
Johor earthquakes shake sentiment rather than buildings safety, says BIMB Securities
Most data centres in Malaysia are single-storey, under 10 metres tall, with minimal reliance on load-bearing columns, giving them inherent seismic stability, the research house said in a note.
