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Category: News

KL and Selangor Property

Gemala Residences Celebrates 7 Months Early Completion With A Qlassic Score of 80%

In July, Tropicana Corporation Berhad (“Tropicana”)  celebrated the 7 months early handover of vacant possession (“VP”) to 116 happy  homeowners of Gemala Residences in Tropicana Aman, the developer’s largest 863-acre self contained township at Kota Kemuning. Gemala Residences is a premium lakeside development within Tropicana Aman located on a 16-acre enclave featuring modern smart  homes for the tech-savvy offering peace-of-mind security within a guarded township.

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a gray bullet train in the metro station
HSR - MRT - LRT - BRT

HSR KL – SG is not enough. Better for HSR to link to China to be feasible

We do not yet have latest news after MyHSR Corporation, the government-owned entity overseeing the HSR’s development closed the January 15 2024 deadline to receive concept proposals from seven local and international consortia. Yes, seven concept proposals which meant even more time to sit down, analyse, discuss, get some professionals to be consultants etc. Now, we have news discussing the benefits of the HSR and how it could be more feasible.

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Press Release

YTL Cement Leads the Charge in Mobilising the Industry Towards Sustainable Construction

Evolving building regulations and shifting consumer expectations are redefining the baseline standards for construction practices today, calling for the adoption of sustainable construction. YTL Cement, Malaysia’s pioneer and largest building materials group, is leading the charge by partnering again with The Edge Malaysia to organise this year’s Sustainable Construction Symposium.
With an aim to mobilise the industry to progress together in adopting sustainable construction practices, the event attracted regional industry leaders, key players, and experts who came together to share best practices as well as explore innovative ideas and strategies to take sustainable construction to the next level.

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Retail / Shopping / Mall News

Super positive expansion plan by emart24 here in Malaysia.

I have taken dinner in nicetoCU (Image below) at least 4 times. Three times Korean Ramen and one time just a bun. It’s comfortable, it has lots of choices and usually their stores are at convenient places. Price wise it’s attractive too. I would not say it’s cheap but air-con place and brightly lit meant that this is one place I definitely would stop for dinner when needed in the near future. Now we have another Korean based brand which intends to expand in Malaysia in a big way. We have emart24.

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beige concrete house under cumulus cloud
Press Release

Juwai – IQI: TYPICAL MALAYSIAN HOMEOWNER IS RM136,716 RICHER AFTER 10 YEARS

Malaysia-headquartered real estate giant IQI today released data providing a comprehensive analysis of the financial returns to homeowners, revealing that Malaysians who own their own home have become significantly richer through home price growth.

Juwai IQI Co-Founder and Group CEO Kashif Ansari explained, “The median homeowner in Malaysia saw the value of their home climb by RM136,716 during the 10 years to 2023. That’s an increase of 42%. Median prices increased from RM330,427 in 2014 up to RM467,143 in 2023.

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person reading newspaper on table
BNM and Economy

Cutting interest rates show economy is good, right?

Yes, it has been increasing and increasing and increasing within just a period of 2 years. From close to zero (0.25 percent), it has risen to current 5.5 percent. If you know a country is about to keep increasing their rates, institutional investors would be attracted to their currency, especially if they are the largest reserve currency in the world. Even if they run deficits and they need to keep borrowing money to pay off their debts which now stands at US$34 trillion.

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MIEA and REHDA

MIEA CELEBRATES 77 CHAMPIONS AT THE 16TH NATIONAL REALESTATE AWARDS, SPOTLIGHTING INDUSTRY RESILIENCE

Kuala Lumpur, 28 July 2024: The Malaysian Institute of Estate Agents (MIEA) honoured 77 exemplary real estate professionals at the 16th National Real Estate Awards (NREA) held at The Majestic Hotel Kuala Lumpur. This year’s theme, “Juara Night: Simply for the Best Achievers,” underscored the resilience and innovation within Malaysia’s real estate sector, spotlighting those who have excelled despite a rapidly evolving market.

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