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Category: News

Press Release

PropertyGuru study: Property purchasing intent remains for 56% of Malaysian respondents despite economic challenges

KUALA LUMPUR, 20 September 2023 – PropertyGuru Malaysia released its biannual Consumer Sentiment Study (CSS) for H2 2023, which revealed that more than half or 56% of the Malaysian respondents surveyed are keen to enter the property market sometime in the next 1 year. Despite rising property prices and continuous economic challenges, the purchasing intent of potential homebuyers remained constant when compared to the previous CSS installment (55%).

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crop unrecognizable office worker standing with papers in hand

REHDA: Increase in legal fees will burden the property buyers

I think this is a common thing right. We love that bowl of noodle X but we did not like it when the price is increased, again. We may stop eating it for a while but after a while we may accept it and continue eating it again unless if there’s a cheaper alternative. If there’s a cheaper alternative Y which is just as good, we would now continue that new alternative and will forget this expensive bowl of noodle X, right? Well, what happens if there’s no alternative then? Just one choice and the choice is compulsory? Yeah, that’s when acceptance is a given.

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BNM and Economy

OPR is maintained at 3 pct because of a few valid reasons

Until today, I still have friends who continue to think the Malaysian economy is collapsing soon. I wonder what would they really do if that happens. Get an opportunity to buy great assets at super low prices? Property in a popular neighbourhood at the price of a not popular neighbourhood? (yeah, sure…)

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asian man standing on platform in underground

Good news yeah. LRT Penang is now under MRT Corp

They are the company responsible for MRT lines in Malaysia. Kajang Line, Putrajaya Line and right now the MRT Line 3 also known as the MRT3 Circle Line. It is also responsible for the RTS Link between JB and Singapore too. Now, it will also be responsible for LRT Penang. Before this, LRT Penang was under the Penang Transport Master Plan (PTMP) and the project delivery partner for it was SRS Consortium Sdn Bhd.

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Shopping News

Shopping News: Coach Airways in Freeport A’Famosa

I love to shop. When I was in Nashville, US last year, I bought quite a number of handbags for my wife. I have roughly 70 long sleeve shirts, 36 pairs of shoes, 15 jackets and maybe 15 pairs of jeans. In fact, I think Shopee loves me a lot and gave me this offer too. I have not taken it up lah. I do not buy so much in Shopee that I have problems in paying for it. There’s another place to shop for Coach branded goods in Melaka.

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Property Developer

S P Setia sells land. Mah Sing buys land. What does this mean?

Both are considered huge developers in Malaysia. One has more landbank than the other but generally (go and check which one even if some of you should know immediately right), both are very well known. I think most property buyers would know their names. Both are always within the typical top 10 developer list here in Malaysia when it comes to total gross development value (GDV). So, why is SP Setia selling their 500-acre plot of land in Semenyih and why is Mah Sing buying up this plot of 500-acre land in Semenyih?

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KL and Selangor Property

Official Launch KL Wellness City with a GDV of RM11 billion

Kuala Lumpur, 1st June 2023 – KL Wellness City (KLWC), the first purpose-built township project in Southeast Asia to cultivate a lifestyle fully integrated with healthcare and wellness, marked its official launch today at the KL Wellness City Gallery in Bukit Jalil. The ceremony welcomed the Minister of Health, YB Dr Zaliha Mustafa as its Guest of Honour to officiate the momentous occasion.

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KUALA LUMPUR, Malaysia — Malaysia’s leading property portals have jointly launched the 10th Annual PropertyGuru Asia Awards Malaysia in partnership with iProperty—inviting the country’s finest property developers to receive and vie for sought-after hallmarks of excellence in real estate.

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black server racks on a room


Kuala Lumpur (16 May 2023) — Malaysia has emerged as an essential player in the global data centre market, attracting billions of dollars of investment from global tech companies. Kashif Ansari, Co-Founder and Group CEO of Juwai IQI, Asia’s largest real estate technology company, today released this forecast for the data centre market in the country. 

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