GEORGE TOWN: Eden at Botanica CT, a nursing care residence and a low-density active living resort, has partnered with AIA Pension and Asset Management Sdn Bhd (APAM) to integrate retirement savings into its senior living development in Balik Pulau, with purchasers receiving a RM25,000 contribution into a Private Retirement Scheme (PRS) fund.The collaboration was formalised…
Read MoreMyra, the residential brand of Oriental Interest Berhad (OIB), has partnered with Unity Kitchen to incorporate designer kitchen cabinetry packages into every open market unit at Myra Senja in Subang 2, reflecting the developer’s efforts to reduce post-purchase renovation requirements and create a more seamless transition into homeownership. Myra had earlier partnered with Panasonic Malaysia…
Read MoreNga (right) presenting the mock cheque of RM30,000 to PAM president Dexter Koh. KUALA LUMPUR: The Ministry of Housing and Local Government (KPKT) will undertake a comprehensive review of the Certificate of Completion and Compliance (CCC) framework, the wider development approval and certification ecosystem to support sustainable urbanisation and ensure the regulatory framework remains responsive…
Read MoreContributed by Brig Gen Datuk Goh Seng Toh Recent data from the National Property Information Centre (Napic) has exposed a profound structural contradiction in Malaysia’s residential property market. Far from a simple housing shortage, the nation is wrestling with a growing property overhang that highlights a widening disconnect between developer-led supply and the realities of…
Read MoreAffluent homeowners are embracing hotel-inspired living where service, convenience and peace of mind become the ultimate indulgence Luxury has traditionally been personal. Affluent home owners commission award-winning architects, select premium materials and shape homes around their tastes and lifestyles. From bespoke interiors to statement architecture, luxury homes have long served as expressions of individuality. Yet…
Read More“Developments built for the next decade must be designed to last because climate change is increasing the frequency and intensity of flash floods and extreme weather events,” said Cheah. How Tan Sri Dr Jeffrey Cheah reengineered the soul of Malaysian real estate By Joseph Wong The story of modern urban development is typically written in…
Read MoreMalaysia’s luxury real estate market is shifting from ostentatious grandeur to wellness and liveability Not too long ago, luxury homes were easy to identify. They stood tall over Kuala Lumpur’s skyline, carried prestigious postcodes and came dressed in imported marble, soaring ceilings and grand entrances. During this era, bigger was better, grander was inherently desirable…
Read MoreTrue construction quality lies in craftsmanship, appropriateness and design By Joseph Wong In the real estate and construction industries, there is a pervasive myth that a higher price tag automatically translates to a superior build. Property owners and inexperienced developers often fall into the trap of assuming that hoarding premium, top-tier supplies will naturally guarantee…
Read MoreThe perception of luxury living differs between the poor and the rich By Joseph Wong The global marketplace has been undergoing a profound conceptual transformation, driven by an idiom that traditionalists once dismissed as an operational impossibility: affordable luxury. By all accounts of classical economic theory, the phrase is a blatant marketing contradiction. It is…
Read MoreAn artist’s impression of Collingwood from the ground level. MELBOURNE: UEM Sunrise Bhd secured an investor for its RM903.3mil build-to-rent project in Collingwood, Melbourne, via its wholly-owned subsidiary, UEM Sunrise (Collingwood Development) Pty Ltd. The project will deliver over 400 new homes in one of the city’s most supply-constrained rental markets. The development is backed…
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