Deputy housing and local government minister Aiman Athirah Sabu said the issue of unsold homes is driven partly by a mismatch between supply and demand across various segments of the housing market. KUALA LUMPUR: A total of 32,800 completed residential units worth RM16.37 billion remained unsold as of the first quarter of this year, the…
Read MoreBy Joseph Wong Transformative change has been occurring within the real estate and construction sectors in Malaysia, driven by advanced robotics, automated material sciences and digital architecture. For decades, property development relied on traditional building methods which are labour-intensive processes vulnerable to human error, material wastage and long timelines. However, the commercialisation of 3D Construction…
Read MoreAtiah (right) presenting a souvenir to Yeoh after officiating at MLAA16. KUALA LUMPUR: The Institute of Landscape Architects Malaysia (ILAM) recently hosted the Malaysia Landscape Architecture Awards 16 (MLAA16) Gala Night 2026 at The Majestic Hotel Kuala Lumpur, celebrating excellence, innovation and leadership in landscape architecture across Malaysia and the region. The prestigious annual awards…
Read MoreGEORGE 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 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…
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