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REHDA however expressed “trepidation pertaining the announcement to increase the stamp duty for foreign residential ownership, from the current 4% to 8%.

SS15 Subang Jaya has transformed from a student enclave into a well-connected, mixed-use district with steady rental demand and rising property values across residential and commercial segments.

As Budget 2026 heads to Parliament on Oct 10, expectations are high that it will deliver more than just fiscal adjustments.

Empire Remix 1 remains a cautionary tale, a stalled opportunity in an otherwise active and competitive USJ 1 property market.

Both zones underscore the town’s evolution within the Klang Valley’s wider property ecosystem, a place balancing legacy charm with modern expansion.

The bulk of overhang across key states in the recent months was made up of the mid-range, and even condo units which are considered within the affordable price brackets, i.

Tong noted that while the mandatory afforable housing quota is well intended, a blanket requirement often results in a disconnect between supply and demand.

Napic Property Market Report 2024 shows a strong rebound in both the volume and value of property transactions since the outbreak of the Covid-19 pandemic, but increases in property transaction volume and value may not necessarily indicate a good market sentiment.

The prime lifestyle hub, along with its premium office and residential segments, has been viewed to further enhance the value of properties in the affluent address.

Homebuyers looking at Penang’s mainland can expect a surge in new property launches between 2025 and 2029, with a total of 84 new projects set to bring 19,176 units to the market, according to EdgeProp’s special report: “PENANG Investing Towards 2030”.