News about state

PETALING JAYA (May 13): A Penang state assemblyman has proposed a 3% property transfer premium on buyers who are not from the state, in a bid to cool speculative demand and channel funds into affordable housing schemes for locals.

PETALING JAYA (May 13): The Real Estate and Housing Developers' Association (Rehda) Malaysia has expressed support for the proposed introduction of an “Option to Purchase” (OTP) clause under the new Real Property Development Act, which is expected to replace the current Housing Development (Control and Licensing) Act 1966 (Act 118).

PETALING JAYA (May 8): The Ministry of Housing and Local Government (KPKT) is studying the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill as part of wider efforts to reduce sick, delayed and abandoned housing projects.

KUALA LUMPUR (May 8): PropNex Malaysia has been officially recognised for setting both an Asean and Asia record for organising the Largest Paid Real Estate Sales Masterclass Featuring a Millionaire Trainer Panel, achieved through its flagship training programme, Advance Sales Techniques (AST) — Millionaire Mastery.

PETALING JAYA (May 6): EdgeProp Malaysia has collaborated with PropNex Malaysia to produce the Malaysia Property Market Overview 1Q2026 — a comprehensive, data-driven report that maps the state of the market across residential, commercial and industrial segments in Malaysia's four key property markets: Kuala Lumpur, Selangor, Johor, and Penang.

PETALING JAYA (May 4): When Merdeka 118 was designated Malaysia's first building recognised under the MD (Malaysia Digital) Nexus category of the new Malaysia Digital Location Recognition (MDLR) framework in February, this year, most coverage treated it as a technology policy milestone.

PETALING JAYA (May 4): Malaysia is sitting on one of Southeast Asia's most compelling digital investment stories — RM342.

PETALING JAYA (May 4): Malaysia has quietly cemented its position as the second-largest developing-economy recipient of digital foreign direct investment (FDI) globally, trailing only India — a milestone that carries significant implications for Grade A office demand, industrial land values and data centre real estate across the country's three primary digital investment hubs.

JERTIH (May 4): The Sinar Lestari programme under the Malaysian Islamic Economic Development Foundation (YAPEIM) continues to have a positive impact on those in need, with a total of 268 houses built nationwide to date.

PETALING JAYA (April 29): Real estate agency Polygon Properties marked its ninth anniversary with its Globe Gala Night on April 17 at Galaxy Banquet Hall in Sentul, bringing together 500 guests for a cross-cultural themed celebration.