Category: Local News
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Condo Owners Beware: You’re On Your Own If Burglars Break In
Condo break-ins are rising, but don’t expect your management to cover losses. Courts have ruled you’re on your own — here’s how to stay protected
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Massive Fire Destroys Carpet Factory in Nilai 3 – What Really Happened?
Nilai, Negeri Sembilan – So, did you hear about the huge fire at the carpet factory in Nilai 3? It happened on the morning of February 21, 2025, and the whole place was pretty much gone in flames. Imagine waking up to that kind of news! The fire started around 7:49 AM, and in no…
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Big Changes Coming for Property Developers and Buyers in Malaysia
A Better Way to Hold Developers Accountable Imagine this: You see a beautiful advertisement for a new condo. It shows a stunning view of KLCC, a luxury swimming pool, and a huge shopping mall just downstairs. Excited, you book a unit, only to realize later that your actual view is blocked by another building, the…
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Tropicana Gardens Mall sold for RM680 Million
Tropicana Corp Bhd sells Tropicana Gardens Mall to IOI Properties for RM680 million! This strategic move helps Tropicana reduce debt and focus on growth, while IOI Properties adds a valuable asset to their portfolio.
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Apple Store TRX – Opens in Malaysia on June 22
By MyPropertyPlaces.com | May 29, 2024 After years of rumors and speculation, Apple has officially announced the opening of its first-ever retail store in Malaysia. The Apple Store TRX will be located at The Exchange TRX in Kuala Lumpur, and it’s shaping up to be a truly unique retail experience. The Funky Design The building itself is a spectacular…
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KIP REIT Acquires DPulze Shopping Centre in Cyberjaya
Published on May 27, 2024 KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) has taken a significant step towards expanding its retail property portfolio by entering into a conditional sale and purchase agreement with DPulze Ventures Sdn Bhd. The proposed acquisition involves DPulze Shopping Centre, a prominent commercial building located in Cyberjaya, for a cash…
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Farewell eCurve, Hello The Lines
A New Chapter in Mutiara Damansara In a significant move that marks the dawn of a new era in Mutiara Damansara, Boustead Properties Bhd has announced the redevelopment of the well-known eCurve mall into a high-rise residential development named The Lines. This transformation is part of a comprehensive vision to revitalise the Mutiara Damansara township,…
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PJD Link Highway Project Hits Dead End: Relief and Uncertainty for Petaling Jaya
The Petaling Jaya Dispersal Link (PJD Link) highway project, envisioned as a solution to Kuala Lumpur and Klang Valley’s growing traffic woes, has been scrapped after its developer, PJD Link (M) Sdn Bhd, failed to meet critical requirements set by the Malaysian government. This decision, announced by Communications Minister and Unity Government spokesperson Fahmi Fadzil…
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Tropicana Gardens Wins Top Mixed-Use Development Award in Malaysia
Petaling Jaya, Selangor – Tropicana Gardens, the signature development by Tropicana Corporation Bhd, has been crowned the best mixed-use development in Malaysia at the FIABCI Malaysia Property Awards 2023. This prestigious award recognizes Tropicana Gardens’ successful integration of residential units, a retail mall, and an office tower, all seamlessly connected to the Surian MRT station.…
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Borneo Bullet Train: A High-Speed Dream or Logistical Nightmare?
The announcement of Borneo’s first high-speed bullet train network, dubbed the Trans-Borneo Railways (TBR), has captured imaginations. This ambitious project promises to revolutionize transportation across the vast island, but a closer look reveals a complex web of factors to consider before this dream becomes reality. Promised Efficiency and Progress The TBR boasts impressive specifications. Trains…