The Wellness Suites, a serviced apartment located within the 26.5-acre KL Wellness City, has achieved 85% of sales, said Vincent Tiew. KUALA LUMPUR (March 24): KL Wellness City has achieved 50% completion ahead of schedule. The key components of this development — The KL International Hospital (KLIH) and the Noble Health Care Park are set…
Read MoreKUALA LUMPUR (March 24): Housing loan growth in Malaysia slowed year-on-year (y-o-y) to 6.9% in 2024, with owner-occupiers making up the bulk of growth, according to Bank Negara Malaysia (BNM). Overall outstanding housing loans grew by 6.9% year-on-year (y-o-y) in 2024 as compared to 7.3% in 2023, according to the central bank’s Financial Stability Review…
Read MoreThe facility is designed to function as a regional hub, facilitating product exports to over 60 countries and sourcing imported raw materials. KUALA LUMPUR (March 21): Nestlé (Malaysia) Bhd (KL:NESTLE) on Friday broke ground for a RM250 million integrated logistics hub in Port Klang. The facility is designed to function as a regional hub, facilitating…
Read MoreKUALA LUMPUR (March 21): One of our favourite real estate outfits, PropNex Malaysia is showing off a number of landed homes for sale again via its latest open house this weekend (March 22 and 23). EdgeProp had featured a number of PropNex’s open houses over the last few months and home hunters have not been…
Read MoreKUALA LUMPUR (March 21): Malaysia’s headline inflation slowed in February 2025 as food prices stabilised while housing and utilities costs moderated, according to official data released on Friday. The consumer price index — Malaysia’s main gauge of inflation — rose 1.5% year-on-year in February, the Department of Statistics Malaysia said in a statement. The pace…
Read MoreKUALA LUMPUR (March 21): After more than half a century, Cheras remains a popular area for homebuyers. An expert believes house prices in its mature neighbourhoods will keep up their modest annual growth. Armed with over 10 years of experience in the property industry, PropNex Realty Sdn Bhd Cheras branch agency leader Steven Tay (pictured)…
Read MoreKUALA LUMPUR (March 19): Gagasan Nadi Cergas Bhd (GNCB) (KL:NADIBHD) said it has secured an en-bloc sale of 523 affordable housing units in the City of Elmina development in Shah Alam for RM134.41 million. The company’s 70%-owned subsidiary, Nadi Emery Sdn Bhd, accepted the offer letter from the Selangor Housing and Property Board (LPHS), which…
Read MoreKUALA LUMPUR (March 19): Lim Seong Hai Capital Bhd (KL:LSH), which is set to make its debut on the ACE Market this Friday, said its net profit for the first quarter ended Dec 31, 2025 (1QFY2025) rose 19% to RM18.5 million from RM15.5 million a year earlier, lifted by higher gross profit from construction works…
Read MoreKUALA LUMPUR (March 20): Malaysian property developers are optimistic that demand will pick up in the second half of the year, while staying cautious about rising costs of doing business ahead, according to an industry survey. Optimism was at its highest in five years, according to results of a survey by the Real Estate and…
Read MoreKUALA LUMPUR (March 20): The Ministry of Housing and Local Government (KPKT) is set to conduct a visit on April 29 to dilapidated flat sites that urgently require redevelopment. Minister Nga Kor Ming (pictured) said the ministry would invite MPs and Senators, particularly from the opposition, to witness the situation firsthand and better understand the…
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