News about state

GEORGE TOWN (March 10): The Penang government should scrap the quit rent revision as the state’s first adjustment in three decades is based on a flawed framework, said a grouping of Chinese businessmen.

This article first appeared in the Industrial Special Report in November 2025.

KUALA LUMPUR (March 9): A feasibility study on proposed amendments to the Federal Capital Act 1960 to allow local government elections (LGOs) in the capital, including the election of the Mayor of Kuala Lumpur, is expected to be completed by the end of this month.

KUALA LUMPUR (March 5): Semantan Estate (1952) Sdn Bhd has filed a discovery application to obtain survey and acquisition plans from before Merdeka for its compensation hearing over the “Duta Enclave” land, which the court ruled the government had trespassed on.

GEORGE TOWN (March 5): Penang's revised land tax formula, effective 2026, treats all landowners fairly and equitably, eliminating discrimination between First Grade and non-First Grade landowners, particularly given that the rates had not been reviewed for over 30 years.

PUTRAJAYA (March 4): The national property sector recorded RM240 billion in transactions in 2025, the highest in more than a decade, said Housing and Local Government Minister Nga Kor Ming.

KUALA LUMPUR (Feb 28): The government is proposing to amend the Road Transport Act 1987 (Act 333) to expand the scope of enforcement areas of local authorities to manage the issue of abandoned vehicles in strata housing areas.

KUALA LUMPUR (Feb 26): A strengthening ringgit is lowering the capital outlay required for Malaysian investors entering the Australian property market, according to Knight Frank Malaysia.

GEORGE TOWN (Feb 20): The Penang government has stressed that the increase in quit rent in 2026 and the gazettement of 25 new townships are necessary measures to address long-standing inequities arising from rates that have not been reviewed for the past 30 years.

PETALING JAYA: (Feb 19) Syarikat Perumahan Negara Bhd (SPNB) will undertake the construction of 6,545 Rumah Mesra Rakyat (RMR) units nationwide in 2026 as part of its ongoing affordable housing mandate.