News about comment

The proposal to use a 30-year building age as a redevelopment trigger under the Urban Renewal Act (URA) Bill (now in Parliament) remains fundamentally unsound, even with the Housing and Local Government (KPKT) Minister Nga Kor Ming’s latest suggestion of “reviewing” it.

PETALING JAYA (Jan 15): Putrajaya and Cyberjaya, sitting side by side in the southern part of Greater Kuala Lumpur, are twin cities whose blueprints have been intentionally crafted to meet national aspirations: the former as the federal administration seat, and the latter as Malaysia’s Silicon Valley.

KUALA LUMPUR (Jan 15): MBSB Investment Bank Bhd maintained a positive outlook on the property sector, expecting solid buying interest to support developers’ prospects.

KUALA LUMPUR (Jan 13): Malaysia’s property market is entering 2026 with a clearer hierarchy of performance, where alignment with structural demand, capital discipline and execution certainty are expected to matter more than broad market momentum, according to Knight Frank Malaysia.

The Johor Bahru (JB) property market is starting to look like a circus.

Nationwide office occupancy rates fell to 77.

Much of the discussion has centred on Malaysian owners, but foreign residents, especially Malaysia My 2nd Home (MM2H) visa holders who own properties, also need to understand how the URA might affect them.

Rahim & Co International Property Consultants director of research Sulaiman Saheh said growth opportunities are strongest along the RTS and JS-SEZ corridor, but it remains uncertain how far the spillover effect will reach other parts of the state.

Demand in the industrial sector is expected to rise in higher-value industries such as electrical and electronics, semiconductors, data centres and technology-related manufacturing, according to CBRE | WTW’s Malaysia Real Estate Market Outlook 2026 report.

The decades-old Petaling Jaya suburb is set to evolve with the emergence of new development pockets.