Malaysia Property Insights

07/10/2024

Starting January 1, 2025, Johor will officially shift its weekend to Saturday and Sunday, replacing the current Friday-Saturday weekend. This change aims to align with federal rest days and improve coordination between the state and the private sector.

JOHOR BARU: Johor will be reverting its weekend to Saturday and Sunday from the current Friday and Saturday weekend.

02/10/2024

Tropicana is set to soft-launch two major developments in Johor: the Lido Waterfront Boulevard and Tropicana Uplands. These projects, part of a mega development, are aimed at transforming Johor’s landscape with new residential, commercial, and lifestyle components, enhancing connectivity and regional growth.

Lido Waterfront Boulevard is a freehold, integrated mixed development, which will be built on 163 acres of reclaimed land, located along the Johor Cit...

02/10/2024

On the first day of Malaysia's Vehicle Entry Permit (VEP) roll-out, drivers experienced a smooth transition at the border with minimal delays and clear guidance. However, some encountered technical hiccups during registration and enforcement. Here's what you need to know if you're planning a trip into Johor Bahru.

Motorists whom ST interviewed had no trouble driving into Malaysia on Oct 1. Read more at straitstimes.com.

22/09/2024

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20/09/2024

The Forest City Special Financial Zone in Johor will offer corporate tax rates as low as 0% to 5%, aiming to attract investors, particularly in industries like technology, education, and healthcare. This initiative is designed to boost economic growth, with additional perks such as fast-track work permits for knowledge workers.

Family wealth offices in the Forest City SFZ will also have a zero tax rate, a first in Malaysia.

18/09/2024

A recent poll shows that 55% of Singaporeans are considering moving to Johor Bahru (JB) to escape Singapore's high living costs. With lower housing and everyday expenses in JB, many find it a more affordable alternative while maintaining close proximity to Singapore. For example, living costs, including rent, are over 70% cheaper in JB compared to Singapore.

Some have even resorted to living in Johor Bahru while working in Singapore.

18/09/2024

Malaysia’s property market in 2024 is expected to see cautious optimism, with moderate growth in demand and prices, driven by ongoing economic recovery and evolving buyer preferences. Opportunities remain for well-positioned properties, especially in urban and key growth areas.

The slowdown in the Chinese economy and reduced external demand have moderated Malaysia’s economic growth, impacting buyer sentiment. In the fourth quarter, the Sale Demand Index experienced a quarter-on-quarter decline of 7.4%. Despite this, there has been a rise in average listing prices for hom...

18/09/2024

Malaysia’s My Second Home (MM2H) program has undergone a significant overhaul, introducing stricter financial requirements and residency rules. Applicants now face higher fixed deposits, income criteria, and a minimum stay requirement of 90 days per year. These changes aim to target higher-net-worth individuals but may limit accessibility for some current participants.

Malaysia's MM2H program introduces a three-tier system with mandatory property purchases and revised visa requirements.

18/09/2024

The Johor Bahru-Singapore RTS Link has driven a surge in property demand in 2023, particularly for service residences near the future Bukit Chagar station. This boost is due to improved cross-border connectivity and high rental prices in Singapore, making Johor properties attractive to both investors and residents.

Johor’s gross rental yield (6.25%) surpasses the national average (5.16%)

16/09/2024

The Malaysian government will launch a special financial zone in Forest City, Johor, on Friday. The zone aims to attract international businesses by offering tax incentives, a relaxed visa policy, and other benefits to enhance the area's economic competitiveness.

Second finance Amir Hamzah Azizan is expected to announce various incentives and packages for economic growth in Johor.