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Property News

  • Semantan files further discovery application for pre-Merdeka land records, ahead of assessment proceedings

    KUALA LUMPUR (March 16): Semantan Estate (1952) Sdn Bhd has filed a further discovery application to obtain pre-Merdeka land records and zoning documents for its upcoming compensation assessment proceedings. The company is seeking Memoranda of Transfers (1956–1957) for several lots in Mukim Batu, Kuala Lumpur, which record ownership changes and sale prices. These serve as…

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  • Nga launches Botanik Point in Ampang — 46 landed homes on 1.78-acre freehold land

    PETALING JAYA (June 9): Urban Hallmark Properties has launched Botanik Point, a low-density residential development in Ampang with a gross development value (GDV) of RM96 million. The project, launched by Housing and Local Government Minister Nga Kor Ming, sits on a 1.78-acre freehold site and comprises 46 residential units, including 42 townvillas and four semi-detached…

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  • Paramount flags 3%–5% price hike for new launches, keeps RM1.2b sales target

    KUALA LUMPUR (May 26): Paramount Corp Bhd (KL:PARAMON) is expecting a 10% rise in construction costs following recent geopolitical shocks, and plans to increase the prices of its upcoming property launches by 3% to 5% to offset rising building material and fuel expenses. Although about 80% of the group’s construction costs for its ongoing projects…

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  • High debt, low income deter two-thirds of Malaysians from owning properties — Rehda

    KUALA LUMPUR (March 13): The Real Estate and Housing Developers’ Association (Rehda) said over two-thirds of prospective homebuyers in Malaysia fail to obtain financing for property purchases, mainly due to high debt obligations and inadequate income levels. A survey by the property agency involving 166 developers found that 72% of respondents encountered financing-related difficulties among…

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  • Bangsar property outlook: Have the upmarket prices stayed uptrend?

    This article appeared in the May 12, 2026 issue of the monthly print edition. Subscribe now. Located about 4km from Kuala Lumpur city centre, Bangsar has long been regarded as one of the capital’s most established residential suburbs. Originally a rubber plantation developed by Kuala Lumpur Rubber Co Ltd, the area has, over more than…

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  • Glomac COO Zulkifly Garib retires

    KUALA LUMPUR (March 2): Glomac Bhd (KL:GLOMAC) has announced the retirement of Zulkifly Garib (pictured) as chief operating officer—operations, effective last Friday (Feb 27). In a statement, the company shared that Zulkifly joined Glomac on Oct 15, 2019, and served for over six years. During his tenure, he oversaw the operational and technical aspects of…

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  • Hilton Shah Alam Glenmarie positions itself as Klang Valley’s premier urban resort

    KUALA LUMPUR (May 21): The former Glenmarie Hotel & Golf Resort has rebranded as the Hilton Shah Alam Glenmarie, having officially reopened under new management on March 1, 2026. The hotel has been repositioned to capture the MICE (Meetings, Incentives, Conferences and Exhibitions) segment, alongside corporate and family leisure travellers following expansions of their event…

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Waringin Residences

Waringin Residences

Waringin Residences is the condominium component of the larger Laman Waringin development in Kwasa Damansara, Selangor. Developed by Elegance Sonata...
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