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Property News

  • ETA Group to acquire Bandar Sri Damansara industrial property for RM16.5 mil

    PETALING JAYA (May 28): Property and construction group ETA Group Bhd, formerly known as Rex Industry Bhd, is proceeding with the proposed acquisition of a freehold industrial property in Bandar Sri Damansara, Selangor, for RM16.5 million in cash. In a Bursa filing on Tuesday (May 26), the company said the acquisition will be undertaken by…

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  • Urban renewal or administrative fantasy? Why many of the 139 identified areas may never be redeveloped

    Housing and Local Government Minister Nga Kor Ming has repeatedly referred to 139 potential redevelopment areas in Kuala Lumpur in discussions surrounding the proposed Urban Renewal Act (URA). According to government statements, these areas comprise 91 residential locations together with 48 commercial, industrial, institutional and government-owned lands. The “fantasy” argument advanced is simple: Kuala Lumpur…

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  • KRI calls for sustainable housing financing as debt pressures weigh on middle-income households

    KUALA LUMPUR (May 20): Malaysia’s housing financing structure may require a more sustainable approach as longer mortgage tenures are increasingly placing financial pressure on middle-income households and affecting long-term economic well-being. Khazanah Research Institute’s (KRI) research director Dr Suraya Ismail said extended financing periods of up to 30 years, as well as previous discussions surrounding…

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  • The Binjai on the Park unit with KLCC Park views listed at RM9.3m

    This article appeared in the June 11, 2026 issue of the monthly print edition. Subscribe now. Situated along Jalan Binjai and Persiaran KLCC, The Binjai on the Park sits strategically in the nexus of the Kuala Lumpur city centre and its surrounding lifestyle amenities. Positioned adjacent to KLCC Park, the freehold luxury condominium is known…

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  • IJM reviewing key businesses, assets after rebuffing Sunway’s offer

    KUALA LUMPUR (March 16): IJM Corporation Bhd (KL:IJM) said it is reviewing the strategy for its key businesses, including monetising part of its vast land bank at its property division, after rebuffing a takeover offer. The intention is to gradually shrink its land bank that now spans around 3,000 acres while shifting towards smaller, faster-turnaround…

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  • Glomac unveils 16 Legacy semidee enclave in Saujana Rawang

    PETALING JAYA (May 12): Glomac Bhd has unveiled 16 Legacy, an intimate collection of 16 two-storey semi-detached homes within its Saujana Rawang township in Selangor, with a total gross development value (GDV) of approximately RM21 million. Priced from RM1.2 million per unit, it said in its statement yesterday that 16 Legacy is positioned as a…

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  • Office recovery leads Malaysia’s property recalibration in 1Q2026

    PETALING JAYA (May 25): Malaysia’s property market entered 2026 in recalibration mode, with Kuala Lumpur’s office sector emerging as the clearest sign of recovery, according to data from Bank Negara Malaysia (BNM), the Valuation and Property Services Department (JPPH), and Knight Frank. BNM’s “Economic and Financial Developments in Malaysia in the First Quarter of 2026”…

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  • M Aurora: Freehold urban living in KL along Old Klang Road, offering top connectivity

    This article appeared in the June 11, 2026 issue of the monthly print edition. Subscribe now. Old Klang Road remains one of Kuala Lumpur’s most resilient residential corridors because it already works. Unlike newer growth areas still waiting for infrastructure and amenities to catch up, this mature urban belt offers what many buyers increasingly prioritise:…

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Stellar Residences

Stellar Residences

Stellar Residences @ TTDI Sentralis is a serviced residence development within the TTDI Sentralis mixed-use precinct in Section 13, Shah...
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