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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.

Sime Darby Property (SDP) has secured 85% committed occupancy as of July for KLGCC Mall ahead of its soft opening in October 2025.

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.

Despite tariff uncertainty, the industrial and logistics sector in key hotspots like Klang Valley, Johor and Penang is showing strong growth during the first half of 2025 (IH 2025), according to JLL Malaysia.

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.

The Johor property market is experiencing a significant uptrend in the first half of 2025 (1H 2025), with a double-digit growth in the average transacted price for serviced apartments in the Johor Bahru City sub district, driven largely by high-end properties.

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