Citaglobal-Reneuco consortium wins 30-year concession to power up ECRL
The concession includes the development of power transmission and interconnection facilities valued at RM600 million, which is expected to be commissioned in stages by mid-2026.
Asia Pacific commercial real estate investment volumes rise 3% in 4Q2023, says JLL
Yulia Nikulicheva, Head of Research & Consultancy, JLL Malaysia noted that investors in Malaysia also initially adopted a cautious approach towards real estate at the beginning of the year, however “towards the end of the year, investment activity picked up significantly, surpassing both the volumes and number of transactions seen in the previous year”.
Prices of condominiums near international schools in Mont’Kiara
If you are looking for a ready-to-move-in condo residence within the vicinity of international schools in the expat enclave of Mont’Kiara, we have compiled a list of the median transaction prices of the condos nearby for your easy reference.
High Court caps liquidators' fees at RM1,000
It is clear under Act 118 that the liquidator can play an important role.
HBA applauds Pemudah’s efforts towards cutting down bureaucratic red tape
The National House Buyers Association (HBA) acknowledges the challenges faced by Economy Minister Rafizi Ramli in implementing the NDFB, which will entail the Government’s commitment in resolving issues to improve the business environment by addressing structural and situational challenges especially when dealing with bureaucratic red tape, inefficient regulations and undue regulatory burden faced by investors and businesses in Malaysia The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.
Prospects and possibilities of Malaysia’s property market in 2024
Immediate past MIEA president Chan Ai Cheng highlighted the significant opportunity in the market arising from KPKT’s recent proposal to reduce the 100% consent threshold requirement for en-bloc sales.
Rahim & Co: Moderate growth of property market in 2023 likely to spill over into 2024
"The first nine months of 2023 recorded among the highest numbers in transactions countrywide for the same period since 2011/2012’s peak point, indicating a sustained market momentum from 2022.
HOC should only be for affordable properties
Overhang properties is mainly due to unmet housing demand related to varying economic climates, housing preferences, market sentiment, housing affordability, credit accessibility, as well as demographics and lifestyle changes.
JLL Malaysia: Logistic warehouses, data centres, Grade A premium offices to have most positive growth this year
JLL Malaysia logistics and industrial team member Derek Yap said warehouse absorption in Greater Kuala Lumpur remained robust last year, as demonstrated by the strong pre-commitment level from occupiers.