KL has a population of 1.8 million people. Total existing property units is 482,099 units with another 37,819 incoming units and 67,177 planned homes. Serviced apartments wise, KL has 60,441 of its existing units with 31,455 incoming units and 82,057 planned units. KL has a total of 4,731 units under overhang status worth RM4.6 billion. […]
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Spooked by protests, Hong Kongers snap up homes at Malaysia’s Forest City development KUALA LUMPUR/HONG KONG (REUTERS) – Hong Kongers have snapped up about 200 apartments in the past two months at a sprawling housing development in Malaysia, two estate agents said, a sign that some are looking for homes elsewhere due to the political volatility at home. […]
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Co-living firm raises $55m to boost growth in Asia Singapore-based co-living company Hmlet has raised US$40 million (S$54.6 million) in a Series B financing round that will fund its continued expansion across the region, it said yesterday. The round was led by Burda Principal Investments, with participation from existing investor Sequoia India and new investors […]
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KUALA LUMPUR: The Malaysian Institute of Estate Agents (MIEA) expects the property market to register a recovery in the second half of the year. MIEA president Eric Lim said buyers had been sidelined following the May 9 polls, and were waiting for greater clarity from the government on housing policies. “As the dust settles, we […]
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Princess Heights Project, a RM1 billion project in the Menggatal district in Sabah is being jointly developed by OCR Group Bhd and Permaju Industries Bhd’s 70%-owned subsidiary Hardie Development Sdn Bhd. It is located on 44.28ha of land belonging to Hardie Development. The two development companies intend to share 50:50 profit and develop Stage 2 […]
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