StarProperty

24/01/2025

🌟🎉 You’re Invited! Celebrate Chinese New Year with Us! 🎉🌟

Mark your calendar! 📅 Join us on *February 8, 2025 (Saturday) from 10:00 AM to 5:00 PM* for a day full of joy, culture and excitement as we celebrate Chinese New Year and the official launch of PSV2!

🎭 Event Highlights:
🦁 Acrobatic Lion Dance Performance
🎀 Hands-on Ruyi Knotting Workshop
🎨 Exciting activities & workshops for all ages
🥂 Light refreshments to keep you energised

🎁 *RSVP now* and get a *FREE gift* at the event!

Bring your family and friends and join the festive fun!
📆 Date: * February 8, 2025 (Saturday)*
⏰ Time: *10:00 AM to 5:00 PM*
📍 Venue: *PSV Sales Gallery*
🚗 Waze: https://bit.ly/PlatinumSouthValleySalesGallery

✨ Admission is FREE! ✨

📲 RSVP here: https://links.salesjourney360.com/widget/form/HxK7gomcHplLW3j3VcOM

We can’t wait to celebrate with you! 🎊
#事事如意

RSVP now and get a FREE gift at the event!

09/01/2025

As we move into 2025, Malaysia’s property market is expected to see gradual growth, especially in foreign home buyers.

Experts forecast a sustainable 5% increase in foreign property purchases, signalling a steady recovery from the pandemic-related uncertainties. This highlights Malaysia’s continued appeal as a reliable investment destination.

As we step into 2025, Malaysia's property market is poised for incremental growth, particularly in the realm of foreign home buyers. Experts predict a modest yet sustainable increase of up to 5% in foreign property purchases, reflecting a steady recovery from the pandemic-driven uncertainties of pre...

08/01/2025

In 2025, Malaysia’s property market is expected to experience a significant shift, driven by economic recovery, urbanisation, and strategic investments.

Property prices are projected to rise, supported by strong demand in urban areas and the growth of industrial property developments. This evolving landscape presents both opportunities and challenges for stakeholders.

Malaysia’s property market is poised for a significant shift in 2025, supported by ongoing economic recovery, urbanisation and strategic investments in key sectors. Recent analyses suggest that property prices are set to rise, underpinned by robust demand in urban centres and the growing influence...

07/01/2025

In StarMetro’s report High-rise Living That Comes with Towering Costs, the article warns of potential issues with future redevelopment projects under the Urban Redevelopment Act (URA).

The case of 1Razak Mansion highlights the dangers of poor planning, inadequate financial safeguards, and neglecting residents’ long-term welfare. Without careful measures, the URA could turn redevelopment into sources of social and financial distress, exacerbating inequality instead of solving it.

While the government’s intent to revitalise ageing urban areas is commendable, the case of 1Razak Mansion vividly illustrates the often devastating consequences of poor planning, inadequate financial safeguards and the neglect of residents' long-term welfare. Without stringent measures and well-th...

06/01/2025

In 2024, the Malaysian property sector showed positive growth, with a 6.2% increase in transactions and a 14.4% rise in cumulative value year-on-year. However, market sentiment remains mixed, with buyers facing rising costs and global economic uncertainties.

Retail Group Malaysia (RGM) forecasts a 3.9% growth in retail spending for 2024, up from 2.2% in 2023. Alongside strong investment activities and improving exports, these factors suggest a promising outlook for the remainder of 2024 and a positive start to 2025.

The Malaysian property sector in 2024 was generally characterised by a positive growth momentum in numbers, juxtaposed with a mixed market sentiment amongst buyers facing rising costs challenges and global economic uncertainties.

05/01/2025

Over the past five decades, Malaysia’s shopping mall industry has transformed into more than just retail spaces. Through thoughtful evolution, malls have become multifaceted venues that cater to diverse consumer needs and experiences.

They now function as community hubs, social spaces, and cultural showcases, reflecting Malaysia’s distinct identity within the global retail landscape.

Malaysia’s shopping mall industry has evolved significantly over the past five decades. Through astute and perceptive transformations, shopping malls in Malaysia have become more than just retail spaces - they are now multifaceted venues catering to diverse consumer needs and experiences. They ser...

04/01/2025

As the year comes to a close, I reflect on the past 12 months. While preparing this article on architecture and design, my thoughts wander to the buildings and places I’ve visited worldwide and the experiences I’ve gained.

It’s natural to compare these distant cities with my home, Kuala Lumpur, and contemplate the differences—both positive and negative. These reflections may offer insights into how to improve and enhance my own beloved city.

It may be natural to compare Kuala Lumpur unfavourably to these grand European capitals and complain about why Kuala Lumpur doesn’t have the wide pedestrian-friendly landscaped boulevards and a vast public realm filled with monuments, statues and fountains, and the cultural institutions that we so...

03/01/2025

The past few years have been challenging as we navigated the post-COVID-19 era and its impacts. In 2023/24, while many sectors showed signs of recovery, others continued to struggle. However, 2024 began with positive sentiments and marked a notable improvement in overall performance.

This progress, though gradual, was influenced by ongoing global geopolitical tensions, including the Russia-Ukraine conflict, Israel-Palestine tensions, and the US-China rivalry, which continued to disrupt the international market.

The past few years have been a challenging period as we navigated through the post Covid-19 pandemic era and its widespread impacts. In 2023/24, while many sectors rebounded, others continued to struggle and recover. Nevertheless, 2024 began with strong sentiments and promises, marking a notable imp...

02/01/2025

As a seasoned real estate entrepreneur, I’ve seen neighbourhoods rise and fall, but Mont Kiara consistently stands out. Its blend of international appeal, strategic location, and promising returns make it a prime area for investment.

Mont Kiara’s unmatched liquidity, with over 900 transactions in 2.5 years, surpasses Desa Park City, KLCC, and Bukit Bintang, highlighting its desirability and long-term value.

Mont Kiara isn’t just a place to live or invest—it’s a lifestyle choice. For those looking to capitalise on its potential, properties priced below RM630 psf offer an attractive entry point. As this vibrant neighbourhood continues to mature and grow, it’s clear that Mont Kiara remains one of ...

01/01/2025

In 2024, the Malaysian equities market has seen significant growth. As of December 9, 2024, the average daily trading value has increased by 55% to RM3.2 billion, while the FBMKLCI rose by 10.8% to 1,611 points, and market capitalisation surpassed RM2 trillion since May. The growth is widespread, with the FBM Emas index up by 13.9% and the property sector index rising by 27.1% year-to-date.

Additionally, Malaysia has established itself as the most vibrant IPO market in ASEAN for 2024, with 47 listings generating US$1.518 billion (RM6.741 billion), surpassing Indonesia, Thailand, and Singapore. We anticipate closing 2024 with 55 IPOs, 72% higher than the 32 IPOs in 2023.

The year 2024 has been a good year for the Malaysian equities market, with year-to-date (YTD) Dec 9, 2024 average daily trading value up by 55% to RM3.2 bil, FBMKLCI up by 10.8% to 1,611 points and overall market capitalisation crossing the RM2 trillion mark since May 2024.

01/01/2025

🎉 Here’s to a vibrant 2025! StarProperty wishes you innovation, prosperity, and homes that nurture dreams and memories.

Happy New Year! 🌟🏡

31/12/2024

As the Group Managing Director of Sime Darby Property Bhd, Datuk Seri Azmir Merican aims to drive a transformative future for the company. Under his leadership, Sime Darby Property is focused on integrating innovation, sustainability, and value creation to reshape Malaysia's real estate landscape.

The company is dedicated to redefining its role as a diversified real estate leader, committed to fostering positive and lasting impacts on communities, businesses, economies, and the environment.

As the group managing director of Sime Darby Property Bhd, Datuk Seri Azmir Merican envisions a transformative future for the company—one where innovation, sustainability and value creation intersect to shape Malaysia's real estate landscape. Under his leadership, the company is navigating an ambi...

30/12/2024

As Malaysia faces growing climate risks, cities are both vulnerable and central to finding solutions.

Rising floods, sea-level rise, extreme weather events, and heatwaves pose significant threats to urban areas, making strong climate change mitigation and adaptation strategies essential.

As Malaysia faces increasing climate risks, cities are at the forefront of both vulnerability and solutions. With rising flood occurrences, sea-level increases, extreme weather events and heatwaves threatening urban areas, robust climate change mitigation and adaptation strategies are more crucial t...

29/12/2024

Malaysia’s economy is experiencing robust growth, reflecting a new era of prosperity under Madani governance. With a 5.2% expansion in the first nine months, the country has exceeded expectations, reinforcing its role as a key player in Southeast Asia.

This growth has led to rating upgrades from global institutions like JP Morgan, Goldman Sachs, and Nomura, highlighting increasing confidence in Malaysia’s economic outlook. Amid geopolitical uncertainties, the nation’s momentum is creating opportunities in sectors such as property development, infrastructure, and urban planning.

Malaysia’s economy is back on a strong growth trajectory, marking a new chapter of prosperity and growth under the Madani governance. With a 5.2% expansion in the first nine months of the year, the nation has exceeded expectations, reinforcing its position as a dynamic player in Southeast Asia. Th...

28/12/2024

As president of PEPS, I am honored to represent professionals in Valuation, Estate Agency, Property Management, and Consultancy.

Heading into 2025, three key challenges will significantly impact our members, the economy, and the property landscape.

Looking ahead to 2025, three critical challenges emerge as focal points for the profession. These challenges not only impact our members but also carry significant implications for the nation’s economy and the broader property ecosystem.

27/12/2024

As Jan 1, 2025, approaches, Malaysian owners of Australian property face mounting tax challenges. Experts caution against severe financial risks without prompt action.

Key changes include a hike in the Foreign Resident Capital Gains Withholding (FRCGW) rate from 12.5% to 15% for property sales starting next year and escalating land taxes, potentially leading to retrospective bills for investors.

As we approach Jan 1, 2025, Malaysian owners of Australian property are facing a perfect storm of tax challenges. Experts warn of potential crippling financial repercussions if immediate action is not taken.

27/12/2024

IOI Properties Group Bhd brought holiday cheer to 22 children at Pusat Jagaan Rumah Keluarga Kami (RKK) Kajang during the Christmas season, demonstrating the group's commitment to making a positive impact within communities in need of a helping hand. What followed was a whirlwind of festive fun as Team IOI members engaged with the children in games and activities, creating cherished memories filled with laughter and excitement. The children also prepared a showcase of their incredible talents with heartwarming singing, energetic dancing, impressive beatboxing and a captivating piano performance.

26/12/2024

Malaysia, known for its lush rainforests, vibrant culture, and bustling cities, has been increasingly challenged by severe flooding. The year 2024 marked a particularly devastating period, with unprecedented floods leaving a significant impact on the nation’s landscape and its people.

While floods are not new to Malaysia, their growing intensity and frequency have heightened concerns about safety and preparedness, urging both authorities and citizens to address these pressing issues.

Malaysia, a nation renowned for its dewy rainforests, cultural rainbows and bustling cities, has been facing a surging challenge that threatens its people and infrastructure: Flooding. In particular, the year 2024 stood out for its unfortunate string of tragedies, witnessing an unprecedented series....