KUALA LUMPUR: Rising construction material costs caused by the ongoing conflict in the Middle East have not derailed investor confidence in Malaysia’s property market, which is underpinned by the country’s resilient economic fundamentals, Housing and Local Government Minister Nga Kor Ming said. Nga said Malaysia remains on stable economic footing despite mounting geopolitical uncertainty and…
Read MoreKUALA LUMPUR: The real estate sector should support broader economic and nation-building goals instead of focusing solely on profit-driven housing developments, Deputy Finance Minister Liew Chin Tong said. He said the sector should contribute towards addressing wider national challenges, including housing affordability, urban sprawl, talent retention and dependence on private vehicles. “The real estate sector…
Read Moreby AKMAR ANNUAR MALAYSIA’S real estate sector must move beyond profit-led development and help address wider national challenges, including housing affordability, urban sprawl, car dependency and talent retention. Deputy Finance Minister Liew Chin Tong said the sector should see itself as part of the country’s economic and nation-building agenda, rather than an industry measured mainly…
Read MoreThe Housing and Local Government Ministry (KPKT) is exploring the introduction of an Option to Purchase (OTP) clause under the proposed Real Property Development Bill, in a move aimed at reducing sick, delayed and abandoned housing projects. Minister Nga Kor Ming said the proposed OTP mechanism would allow both homebuyers and developers to withdraw before…
Read MoreBy Joseph Wong Malaysia is no longer just a participant in the global digital economy. But rather, it is on the cusp of a technological leap that could transform it into a premier international AI leader. According to the newly released 423-page AI Index 2026 Annual Report by Stanford University, Malaysia is outperforming global peers…
Read MoreThe Hormuz Crisis and its impact to Malaysia real estate By Sulaiman Saheh When tensions flare thousands of kilometres away in the Strait of Hormuz, it is easy to assume that Malaysia’s property market would remain largely untouched. After all, homes are built on local ground, brick, steel and soil, not on shipping lanes in…
Read MoreConcept of Idea and Artificial Brainstorming. Businessman with a light bulb and a burning artificial brain. Real estate giants share unfiltered views on their commitment to the sector By Joseph Wong Marking the historic 55th Anniversary of Star Media Group, StarProperty is proud to announce the launch of the StarProperty Real Estate Titan Series—a landmark…
Read MoreAt its latest Monetary Policy Committee (MPC) meeting, Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 2.75%, signalling continued confidence in Malaysia’s economic trajectory while keeping a close watch on rising global uncertainties. The decision comes amid a resilient global economy in early 2026, largely supported by domestic demand…
Read MoreMarriott International and Maritime Waterfront Suites Sdn Bhd marked the signing of The Bertam, Penang on May 5, expanding Marriott’s presence into the Penang mainland. (Bertam Resort pic) PENANG: Marriott International Inc announced the signing of The Bertam, Penang, a Tribute Portfolio Hotel, with Maritime Waterfront Suites Sdn Bhd on May 5. Expected to open…
Read MoreMarriott International and Maritime Waterfront Suites Sdn Bhd marked the signing of The Bertam, Penang on May 5, expanding Marriott’s presence into the Penang mainland. (Bertam Resort pic) PENANG: Marriott International Inc announced the signing of The Bertam, Penang, a Tribute Portfolio Hotel, with Maritime Waterfront Suites Sdn Bhd on May 5. Expected to open…
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