News about state

“If 100 sq ft is built first as an increment, but in the future, the goal is to have 80-sq m (861 sq ft) houses, 80 sq m of land must be allocated today.

“As a result of the blacklisting, these developers will be ineligible to apply for new licences until they have settled their outstanding fines.

While acknowledging the need to address the long-standing landfill issue, residents argue that the developer’s plan to reclaim a large portion of coastline for recycling machinery is unnecessary and contradicts established scientific practices.

E Trend Realty achieved a total commission payout of RM45 million, representing a 45% year-on-year increase in 2024.

“The principles of land valuation, compensation calculations, and the legal framework governing land acquisition must be reviewed to reflect current market trends,” said Prof Dr Ismail Omar in the forum.

Some mature neighbourhoods in Cheras are experiencing continuous 3% to 5% annual price growth, said Steven Tay.

See the top five high-rises in KL with the highest price growth in 2024, based on EdgeProp Research data.

Inferring the controversies surrounding the proposed Urban Renewal Act, the KPKT Minister refers to the forthcoming major legislative reform as Akta Pemulihan Strata dan Bandar (Akta PSB) and said: “Akta PSB stipulates that all existing owners will not get anything less favourable than the original”.

Optimism was at its highest in five years, according to results of a survey by the Real Estate and Housing Developers’ Association (Rehda).

Reapfield grew its value of transaction in comparison with 2023 by 30% and grew 6.