Luxury condominium Lightwater Residences has been launched at THE LIGHT Waterfront Penang, offering 262 units across two 34-storey towers on a 2.87-acre freehold site. The project, developed by Jaringan Simfoni Sdn Bhd, a wholly-owned subsidiary of IJM Perennial Development Sdn Bhd — a joint venture between IJM Corporation Bhd and Perennial Holdings Pte Ltd — has a gross development value of RM694 million. Located within The Light City, a 32.76-acre integrated waterfront district that forms the core of the broader 152-acre THE LIGHT Waterfront Penang master plan, Lightwater Residences offers direct seafront frontage and 180° panoramic views of the Penang Strait and the Penang Bridge.
Mah Sing Group has launched M Amaya, a freehold serviced apartment development at Southbay in Batu Maung, Penang. The 4.8-acre seafront project comprises two 37-storey towers with 833 residential units, priced from RM480,000, and is scheduled for completion in 2030.
Matrix Concepts Holdings Bhd has launched its Matrix 30A HOME RUSH Campaign 2026, offering more than RM30 million in savings, rewards and prizes. The campaign, running until Nov 30, gives eligible purchasers the chance to win one of three dream homes alongside loyalty rebates, referral incentives an
i-City Properties has appointed four property agencies — led by Firdaus & Associates, with IQI Global, ESP Global and PropNex Malaysia — to begin market engagement and prospective buyer registrations for AI Living @ i-City in Shah Alam. The residential development, centred on the UrbanOS digital pla
The Ministry of Social and Family Development (MSF) has approved 17 community-led pilot projects under its S$450,000 Partnership to Tackle Homelessness (PATH) fund, 11 of which target tailored support for rough sleepers. One initiative matches single rough sleepers with compatible co-tenants for pub
The All Classes price index rose 0.3 per cent month on month to 323.2, its highest level in the past 12 months. Rental indices also reached 12-month peaks across all classes, with the All Classes rental index up 0.9 per cent month on month to 205.8.
Phuket’s residential market is shifting as foreign buyers become more price-conscious amid a global economic slowdown. Developers are pivoting towards villas priced at 10–20 million baht to meet changing demand.
A unit at City of Green condominium in Selangor has been sold for RM300,000, a price the buyer described as below market. The 1,200 sq ft property was unfurnished but in good condition, having been held for a year after being received as contra payment from the developer.