Sunway REIT Management Sdn Bhd, the Manager of Sunway Real Estate Investment Trust (Sunway REIT), has completed the acquisition of AEON Mall Seri Manjung, formerly owned by Kar Sin Bhd and YNH Hospitality Sdn Bhd, the subsidiaries of YNH Property Bhd.

Continuing last week’s article entitled Selangor Sets a Precedent with Bumi Lot Penalty Waiver, this Part 2 article discusses what should be an appropriate amount to be paid.

After four years, 207 non-bumiputra homeowners in USJ One Park can finally obtain their strata titles following the Selangor government’s RM15.32mil waiver of penalty fees for their unwitting purchase of bumiputra quota units.

Property developer Majestic Gen has launched Majestic Aman, a freehold residential and commercial development at Taman Sungai Dua Utama in Penang. With a gross development value (GDV) of RM66.8mil, Majestic Aman comprises 73 double-storey terrace homes and 23 double-storey shop offices.

For generations, Malaysians have lived by an unwavering belief: Buy property. It never depreciates. This axiom has been deeply ingrained, marketed as an infallible shield against inflation, a tangible emblem of success and a steadfast repository of wealth consistently outpacing market volatility....

Property developer Keck Seng (Malaysia) Bhd has announced the award of a major building contract in Johor Bahru to the reputable engineering and construction company, Kimlun Sdn Bhd.

SkyWorld Development Bhd (SkyWorld) has launched SkyAwani PRIMA Residences, a joint development with PR1MA Corporation Malaysia (PR1MA) located in Brickfields. The development offers 492 units of 900 sq ft each on a 1.97-acre leasehold plot and is priced at RM390,000.

Housing and Local Government Minister Nga Kor Ming has called for Asean countries to strengthen their regional collaboration to tackle the housing trilemma: Affordability, accessibility and sustainability.

Mah Sing Group Bhd (Mah Sing) recently organised a topping out ceremony to celebrate the structural completion of M Nova in Kepong as well as the record 3.5 million safe man-hours without Lost Time Injury (LTI) achieved for the project.

While Malaysian renters and investors saw a welcome period of stability in the first quarter of 2025 as residential condominium rents held steady across most budget tiers, Kuala Lumpur continued to command the highest average rents in the country.