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A pay-per-use or opt-in model can potentially and quickly become an operational minefield.

Instead of minimising abandoned housing projects, the HCGS would potentially be counter-productive, because it would be akin to guaranteeing developers’ profit, even if they run away.

Tan explained that this increase is fuelled by a wave of serviced apartment new launches now commanding RM1,000–RM1,500 psf, especially around the Bukit Chagar area.

Among the analysed projects, six have median asking rental prices that mostly fall under RM2,000–RM4,000, while three projects feature median asking rental prices ranging RM6,001–RM8,000.

If you are looking to take advantage of rail connectivity via the soon-to-start Shah Alam Line, here are all the upcoming residential projects sprouting around its stations.

The rising rents could be a double-edged sword, on one hand signalling the appeal of the once-forgotten areas, but also threatening to price out those who jump-started the vitality.

Datuk Chang Kim Loong: "For the average Malaysian, we have repeatedly said, owning a home is not just a dream but the largest financial commitment of a lifetime.

Property marketing needs to utilise multiple channels, data and analytics, as well as value-driven content to attract the Gen Zs and millennials.

JB is rapidly solidifying its position as Peninsular Malaysia's prime destination for commercial land acquisition, with downtown parcels in the region now commanding prices well into four figures psf, according to a market leader.

By district, Johor Bahru (JB) also showed the highest number of residential properties sold for 2012–2025, totalling 73,935 units.