News about real estate

In addressing concerns regarding property owners’ interests, KPKT has outlined some points to be adhered to in the process of urban renewal.

Panellists discussed what investors and consumers should watch out for when buying into stratified integrated development.

PEPS president Subramaniam Arumugam: Micromanaging the real estate sector in this sector in this manner, particularly through a government bureaucracy, may not align with investor-friendly policies.

Furthermore, Maybank IB expects the 10-year Malaysian government securities (MGS) yield to lower to 3.

The guidelines function as a strategic tool, inviting developers and relevant parties to revitalise areas with untapped potential through a set of attractive incentives.

"Recent initiatives including forging Green Lease Partnerships with tenants, has solidified our commitment toward realising a net-zero mall by 2050.

Maybank IB said Forest City, which has been identified as a special financial zone and a potential high-speed rail (HSR) station in Iskandar Puteri, should continue to attract buying interest in the region.

Minister Nga Kor Ming: This is very important because we want the PPRs, as well as our markets, to have their own architectural identity.

Aside from the completion of a number of housing projects for the rakyat, KPKT also introduced a number of guidelines for urban planning and sustainable developments in our cities that will be set in motion over the next few years.

Throughout 2023, EdgeProp has delivered numerous industry stories to ensure you stay well-versed and empowered in navigating the property landscape.