The pace of sales growth was faster than the 5.2% year-on-year increase in March.

The importance of immediate implementation of the rationalisation of the national rail industry based on the objectives of the Railways Act 1991 was also brought up.

The Malaysian REIT Managers Association (MRMA) has appointed Leong Kit May, the chief executive officer (CEO) of Axis REIT Managers Bhd, as its new chairman.

It’s essential to weigh both the benefits and drawbacks before deciding on joint property ownership with a joint home loan.

The Malaysia Digital Economy Corporation (MDEC) is encouraging local companies to expand their horizons as investors are paying attention to fast-growing companies, citing the potential of the digital platform economy.

Accessibility to train transportation is becoming the new “location” in property buying. This is further driven by the awareness for greater sustainability, with modern track facilities seen as major drivers of higher efficiency in commuting and lower carbon footprint.

Malaysia’s property market has demonstrated significant growth and resilience, with an individual property counter experiencing up to 600% growth in share price appreciation.

Noteworthy:

• Freehold
• Built-up size: 1,800 sq ft
• Land size: 1,650 sq ft
• 4 bedrooms, 3 bathrooms
• Unfurnished
• Nearby amenities: INTI International University, Nilai University, Universiti Sains Islam Malaysia, Nilai Springs Golf & Country Club, Kota Seriemas Golf & Country Club, MesaMall, AEON Mall Nilai, SJK (C) Putra Nilai
• Accessibility: Persiaran Negeri, Persiaran Pusat Bandar, North-South Expressway, ELITE, Labohan Dagang-Nilai Route (Federal Route 32)

When: March 2024

Noteworthy:

• Freehold
• Built-up size: 2,416 sq ft
• 4 bedrooms, 4 bathrooms
• Fully furnished
• Nearby amenities: TERKL, KLCC Park, Perdana Botanical Gardens, Pavilion Bukit Bintang, Jalan Alor Food Street, Plaza Low Yat, Tung Shin Hospital, Raja Chulan monorail station, MRT Bukit Bintang, Dataran Merdeka, Central Market, schools
• Accessibility: Jalan Raja Chulan, Jalan Pudu, Jalan Imbi, Jalan Sultan Ismail, MEX, Sungai Besi Expressway, AKLEH

When: May 2024

In Malaysia, it is not uncommon to hear of protests against proposed developments, such as new high-rise, urban renewal or transportation infrastructure projects, when the affected community perceives them to be detrimental to the neighbourhood with over-population or negative impacts on life quality or the environment.