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.

Noteworthy:

• Freehold
• Built-up size: 4,000 sq ft
• Land size: 3,200 sq ft
• Unfurnished
• 5 bedrooms, 5 bathrooms
• Nearby amenities: Columbia Asia Hospital — Cheras, MRT Bandar Tun Hussein Onn, UTAR, Sungai Long Golf & Country Club
• Accessibility: CKE, Jalan Cheras, SUKE, SILK, Sungai Besi Expressway, North-South Expressway, KESAS

When: November 2024

The lower consent threshold required for an en bloc sale in the proposed legislation would only allow negotiations with property owners to begin, Anwar said.

Of these, 782 applications were approved under the updated MM2H programme, involving 319 principals and 463 dependents.

The Urban Renewal Bill (URB) is seen as a crucial approach to replicating development in mature cities, ensuring more sustainable and structured urban planning.