Property News

Common Ground bringing work and play together at MyTOWN
Common Ground at The Square by Jaya One, Petaling Jaya, is the very first pet-friendly coworking space in Malaysia.  

Common Ground, Malaysia’s fastest-growing co-working space, will be opening its doors at the MyTOWN Shopping Centre come mid-September Catering to the growing demand for quality office spaces in the Kuala Lumpur commercial real estate market, Common Ground’s opening at MyTOWN completes the retail mall’s vision of creating an all-inclusive community hub for social meetings, leisure,…

Full Post

What you need to know about Malay Reserve Land and Bumiputera Land
Photo by Farhan Azam on Unsplash.  

“Malay Reserve Land (Tanah Rezab Melayu)”, “Bumi Lot”, “Bumi Quota”, and “Bumi Discount”, are all terms that appear in various conversations about real estate When you put all these attributes together in a sentence, you might just confuse yourself. Are you able to tell the differences between them? If you’re intending to purchase a Bumi property,…

Full Post

Gamuda Land and Maxis collaborate for nation’s first Maxis-delivered 5G township
(from left) Maxis chief enterprise business officer Paul McManus, chief executive officer Gokhan Ogut, Gamuda Land chief executive officer Ngan Chee Meng and chief operating officer Aw Sei Cheh at the signing ceremony.  

KUALA LUMPUR: Gamuda Land has formed a strategic partnership with Maxis to create Malaysia’s first Maxis-delivered 5G township for Gamuda Cove,  the latest township development for Gamuda Land. Both parties signed a Memorandum of Understanding (MoU) for Maxis to provide and deploy 5G network infrastructure and services in Gamuda Cove in the future. The partnership…

Full Post

MRCB Land plans to elevate status of VIVO Signature Retail
(From left) Campus Managing Rangers director Jason Ho, MRCB Land CEO Raymond Cheah; SKM Market managing director Andy Cham Wing Kian and SubHome CEO Sandeep Singh Grewal at the signing  ceremony  

KUALA LUMPUR: MRCB Land Sdn Bhd (MRCB Land) is planning to elevate the status of its latest retail outlet, VIVO Signature Retail, as a premium address with the entry of three anchor tenants. Sited at 9 Seputeh, an integration of residential and commercial components featuring serviced apartments, retail shops and SOHO, the tenants are international…

Full Post

How to finance home improvements without busting the bank
Photo by Evan Dvorkin on Unsplash.  

Got a big credit card bill from buying home furnishings or paying for home improvements? Here are some ways of reducing the burden Maybe you’ve just moved into your new home, or perhaps you felt your 10-year-old apartment needed a refresh: a new set of furniture, a paint job, or even some bathroom renovations –…

Full Post

TA Global unveils Alix Residences
TA Global Bhd CEO Tiah Joo Kim, and TA Enterprise Bhd Managing Director Datin Alicia Tiah at the official launch of ALIX Residences, a modern luxury residential haven located in Kiara North.  

By Sharil Tarmize sharil@mystar.com.my   KUALA LUMPUR: TA Global Berhad (TAG) unveiled ALIX Residences, a modern luxury residential haven with bold and edgy design located in Kiara North, one of Kuala Lumpur’s most sought-after addresses.  Nestled within a 4.55 acre of freehold land, ALIX Residences has a gross development value of RM507mil. The low-density development features…

Full Post

All you need to know about Real Property Gains Tax (RPGT)
560624-PKSSJ4-889_cropped1  

Contributed by Dato’ Andy Low The 2019 Real Property Gains Tax rates are a significant factor for consideration to anyone who owns a property and intends to profit from its sale The Real Property Gains Tax (“RPGT”) in Malaysia is definitely not a new subject for property owners – veteran investors especially. First introduced in…

Full Post

Seeking justice: A group lawsuit against an unscrupulous developer
Without the strata titles, owners can be held to ransom by unscrupulous developers profiteering from service and maintenance charges, misappropriating sinking fund money, and providing sub-par services. Photo by Philip Veater on Unsplash.  

Contributed by property valuer Mary Lau A harrowing tale about a legal battle between a group of strata property owners and an unscrupulous developer The details and complexities of this case would fill a book – but the specifics have been omitted to ensure the anonymity of the parties involved. This article is a summary of essential…

Full Post

Colony’s first Petaling Jaya coworking space is 92% occupied
Colony @ Mutiara Damansara officially opens its doors with 92% occupancy in July (2019).  

Colony, Malaysia’s leading luxury coworking space and serviced office officially launched its fourth location and debut in Selangor, Colony @ Mutiara Damansara With the move of two large corporations, Carsome and Mamee-Double Decker, Colony has successfully achieved 92% occupancy on the first day of opening, making their Mutiara Damansara centre the fastest of the group’s…

Full Post

Cheras is one of the most searched areas on Propwall.my in the month of June
An aerial view of one of Cheras' busiest areas, the convergence between Jalan Yew,  Jalan Pudu,  Jalan Cheras, Jalan Tun Razak, Jalan Cochrane, and the Kajang-Seremban Highway, at the blurry border between Kuala Lumpur and Cheras.  

In the month of June, Cheras has surpassed Mont Kiara as one of the most searched areas on Propwall.my Once a sleepy tin mining town, Cheras has developed into a busy district stretching from Kuala Lumpur’s core to the south-eastern rim of Selangor state – a distance of over 15 kilometres from Maluri at the…

Full Post