Malaysia

The Ultimate Guide for New Launch Properties in Malaysia

The Ultimate Guide for New Launch Properties in Malaysia If you’re interested in purchasing a new launch property, you’ve come to the right place. Selecting and buying the right new launch property can feel overwhelming, whether you are buying a home for the first time, upgrading to a larger or higher-value property, or investing for rental yield or capital gains. We’ve compiled...

Shell Malaysia introduces enhanced diesel fuel for deeper engine clean

PETALING JAYA: Shell Commercial Fuels has unveiled its new formulation of Shell FuelSave Diesel with advanced cleaning properties, which help customers in the transport, construction, mining and agriculture sectors improve fuel economy by 3.75% and recover power. Shell Malaysia managing director Shairan Huzani Husain said the company is committed to reducing the environmental impact from operations for...

Pelancong ke Malaysia meningkat kepada 9.48 juta setakat Mei

PUTRAJAYA: Kedatangan pelancong antarabangsa ke Malaysia menunjukkan peningkatan memberangsangkan dengan 9.48 juta pelancong setakat Mei lepas, berbanding 7.48 juta pada tempoh sama tahun sebelumnya, kata Timbalan Perdana Menteri Datuk Seri Dr Ahmad Zahid Hamidi. Beliau berkata Kementerian Pelancongan, Seni dan Budaya menyasarkan kehadiran 27.3 juta pelancong antarabangsa dengan pendapatan RM102.7...

KPKT identifies 534 potential areas in Peninsular Malaysia for urban redevelopment

KUALA LUMPUR: The Housing and Local Government Ministry (KPKT) has identified 534 potential areas in Peninsular Malaysia for urban redevelopment, with an estimated gross development value (GDV) of RM355.3 billion. Its minister Nga Kor Ming said the proposed urban redevelopment would encompass seven aspects - legal provision, public-private partnerships, capacity building and knowledge sharing,...

Airbnb’s Malaysia guide promotes responsible hosting

KUALA LUMPUR: Airbnb recently unveiled its Guide to Responsible Hosting in Buildings for short-term rental accommodations (STRA) in strata buildings, in line with its ongoing commitment to driving responsible hosting in Malaysia. The guide provides strata hosts, property managers, joint management bodies (JMB), management corporations (MC), and strata developers with a toolkit of resources to conduct...

Average price of new apartment in Malaysia hits RM582,887 in Q1: Juwai IQI

KUALA LUMPUR: The average price for a new apartment in Malaysia reached RM582,887 in the first quarter of 2024 (Q1’24) while the average subsale sales price was at RM521,614, according to real estate technology group Juwai IQI. Its co-founder and group CEO Kashif Ansari said these average prices are slightly higher than those reported by National Property Information Centre (Napic) for 2023, which...

Sheraton Imperial KL in talks with Malaysia Airlines to supply inflight meals

KUALA LUMPUR: Sheraton Imperial Kuala Lumpur Hotel is in talks with Malaysia Airlines Bhd to supply inflight meal service for the national carrier’s first class and business class, sources familiar with the matter told SunBiz. This development comes after an exclusive partnership between Sheraton Imperial and Malaysia Airlines for an exclusive Hari Raya menu at the airline’s airport lounges between...

Penang on track to become catalyst for Malaysia to move up chip value chain: Chief Minister

GEORGE TOWN: Penang is set to become a catalyst for Malaysia to move up the chip value chain and solidify its position as the preferred investment destination for electrical and electronics and semiconductor production in the region, said Chief Minister Chow Kon Yeow. He said with over 50 years of industrial excellence and leadership, Penang can contribute to Malaysia’s goals as envisioned in the New...

Understanding The Property Closing Process In Malaysia

Understanding The Property Closing Process In Malaysia You’ve done it! It’s the finale; the closing process of a property purchase. Beyond the excitement, lies a stack of documents, financial costs, and possibly, unexpected challenges. So, let’s take a look at everything you should be aware of when purchasing a sub-sale property. 1. Consult a Lawyer When You Are Ready To Buy or...

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